In South Africa, property ownership generally falls into two main categories: freehold and sectional title, with exclusive use areas forming a special component of sectional title schemes. Understanding the differences between these forms of ownership is important for anyone buying or managing property. Freehold ownership (also called “full title”) means that the owner has complete […]
Property scams - what to look out for in the sale and transfer process, and legal safeguards for buyers, sellers, and agents: Property fraud and scams are an increasing concern in South Africa. With rising property values and demand, criminals exploit loopholes and unsuspecting individuals to illegally transfer, sell, or mortgage property. Understanding common fraud […]
Your Essential Checklist to Get Started Estate planning can feel like a heavy topic - one many of us prefer to put off for another day. But here’s the truth: whether you have a sprawling estate or a modest portfolio, creating a clear estate plan is one of the most caring, proactive steps you can […]
We are proud of our legacy as pioneers in conveyancing with a culture built upon being accessible to you, our client. Growing through the decades, we have gained recognition as accredited specialist property law arbitrators... Because it’s a month of new beginnings as we reveal our new Mc Naught & Co identity, we thought we’d […]
Sold your property? What's next? What happens when I sell my house or buy? The process of transferring ownership of a property from an owner/seller to the buyer starts with a sale agreement which is then handed to a specialist attorney and is called "conveyancing" - conveying ownership from one person to the new buyer. […]
South African property law has undergone a significant change, mandating Energy Performance Certificates (EPCs) for non-residential buildings by December 2025. This certificate assesses a building's energy efficiency, and not having one can potentially lead to fines of up to R5 million or imprisonment for five years. Click on the related photos here to determine […]
Join Mc Naught and Co Director Mark Leathers and attorney Guy Hankinson this Fri 23rd February 2024 for our latest Webinar. The Webinar, Notary unmasked, aims to explain what a Notary Public does and what documents a Notary executes and what scope of work is involved. Almost everyone is affected by Notarial Deeds, […]
What it means to sign a contract and consequences of a change of mind. (Article by Mark Leathers, Director of Mc Naught and Co): Not only when you are a first-time buyer, but especially so, the prospect of signing an offer to purchase for a home can be exciting and is sometimes something which people […]
What you need to know before signing a contract : 1. Have you read the contract and understood all the clauses? If not, do not be in a rush and take the time to question anything you don't understand and think through the consequences of a failure to comply with each clause, either on your […]
