How do you recover money you have lent to someone? In short, don’t lend anyone money unless you plan on gifting them the money. Money lending is regulated and you need to be compliant with and registered under the National Credit Act to be able to lend and recover funds lent. Loans not made in […]
When accepting deposits for Orders, make sure the customer accepts written terms and conditions dealing with the situation where the deposit is paid, the item ordered is either made or procured, and the customer never collects the item or cancels the sale, or you just can't get hold of them. Written Terms and Conditions take […]
SOLAR RUSH... With the growing need in South Africa to be less reliant on the national power grid, there's a rush to get free power from the sun and instal solar power equipment. What if you live in a sectional title complex? All Bodies Corporate control the 'common' areas in a complex and roofs […]
Whether you are a parent considering donating your property to your child, or an elderly person wanting to donate your property to your spouse or to a trust to avoid estate duty tax, it is important to be aware that donations attract donations tax.
The maxim “Communio Mater Rixarim Est” – is a latin phrase in law which means communal ownership is the mother of all disputes. Needless to say, many co-owners can agree with this.
Media recently covered DA’s, Dr. Roy Jankielsohn victory against members of the ANC YOUTH league over racial slurs, the 29-page judgment was handed down on the 11th November 2019, and Jankielsohn was awarded R300 000.00 in damages.
Altering your home with an extension is a real opportunity to create the space you have always wanted, and it further adds value to your property.
Some new legislation will bring far-reaching changes to the property industry as it will be replacing the Estate Agency Affairs Act, 1976 (“The old Act”).
If you are an estate agent, you will likely already be aware that the Property Practitioners Bill was signed into South African law on 2 October 2019 and we can expect that it will become operational within the next few months. However, Estate Agents are not the only ones who this bill applies to.
We all dream of living in an ideal world, one where people follow the law, parents willingly maintain their children and spouses, even those going through divorce, wish to see the other still looked after. These basic human instincts should prevail above all else, or so one would think.
