Here’s a warning to property owners to know and comply with your local municipal zoning laws. Contravene them at your peril. We discuss the outcome in that case and end off with some practical suggestions for both property buyers and landlords.
Property
The terms of the contract are the decisive criterion by which any potential expiry of a deadline has to be determined
The said penalty … was imposed due to the fact that the property was being used in contradiction to its zoning.
Property owners, bodies corporate and building contractors should all understand their risk of being sued if a dangerous situation exists or develops on a property or in a complex.
A new General Valuation Roll (GVR) for properties in the Mangaung Metro Municipality has been published and is open for…
“… a property is an asset to enhance economic activity, growth and development…”
"A great deal is at stake in the transfer of fixed property. It is generally the largest single asset that a person owns and the transaction for the purchase or sale of a fixed property is probably the most important contract undertaken by individuals” (Law Society of South Africa)
“Consequential Loss: This is loss not directly caused by the insured event, but is an indirect result of the event. This is loss or damage that was not foreseen by the insurer or the policyholder at the time the policy was taken out. Consequential loss is in many instances not covered and cover is dependent on the risk that the policy covers” (South African Insurance Association definition)
“PIE recognises that in appropriate circumstances the right to full exercise of ownership must give way, in the interest of justice and equity, to the right of vulnerable persons to a home.”