by Theresa Grobler | Jul 26, 2021 | Blog
A CLAUSE DEALING WITH FIXTURESIt is always advisable to specify in a deed of sale relating to immovable property what items will, by agreement, be removed by the seller and what are fixtures that form part of the sale. In the unfortunate event that the deed of sale is...
by Theresa Grobler | Jul 26, 2021 | Blog
In South Africa there are currently no restrictions on ownership of fixed property by non-residents (provided they are not classified as illegal immigrants) and therefore all information supplied in previous articles in this series on the purchase and sale of fixed...
by Theresa Grobler | Jul 26, 2021 | Blog
A general misconception among the majority of property owners is that a seller of fixed property is only legally required, prior to registration of transfer, to furnish a purchaser with an electrical certificate of compliance in respect of the electrical installations...
by Theresa Grobler | Jul 26, 2021 | Blog
OPTIONAn option in respect of immovable property is nothing more than an offer by the owner (the “grantor”) to sell his/her/its property to a potential purchaser (the “grantee”) on certain specified terms and conditions, coupled with an undertaking by the grantor not...
by Theresa Grobler | Jul 26, 2021 | Blog
In a previous article in this series we have learnt that the sale of immovable property forming part of an enterprise that is being disposed of as a running concern may qualify for payment of VAT at a zero rate (provided certain criteria of the Value Added Tax Act are...
by Theresa Grobler | Jul 26, 2021 | Blog
It is essential for parties to a deed of sale in respect of immovable property to have absolute clarity as to the exact date of expiry of any period of time stipulated therein.Limits are normally placed on the time periods within which:an offer to purchase has to be...
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