The administrators of residential complexes tread a fine line. They must implement and enforce conduct rules for the good of the complex as a whole, but without unjustly impinging on the constitutional rights of individuals.
Property
Unpaid levies can leave body corporates out of pocket and out of patience. When conventional debt recovery feels too slow, sequestration may seem like the obvious next step.
You will have to pay a variety of costs over and above the purchase price. What are those costs and when must you pay them?
Buying and selling a house is probably one of the most important financial transactions you will ever be involved in. Not to mention the emotional aspect of acquiring or letting go of your “home sweet home”.
There’s reason to get very excited about the 50% increase in the primary residence CGT exclusion from R2m to R3m.
If a dispute with your neighbour spirals out of control, and legal intervention becomes inevitable, bear in mind that our courts have signalled strongly that we should make every effort to settle our disputes privately before resorting to litigation.
Hopefully 2026 will gift us some really positive movement in the property market. This is great news, but please note this cautionary tale from the Supreme Court of Appeal.
Particularly over the holiday season, many house and apartment owners in residential complexes will want to let out their units on a short-term letting / Airbnb basis.
“In the summertime, when the weather is high, you can stretch right up and touch the sky.” (Mungo Jerry)
How does the transfer process actually work, and how long does it usually take?