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Selling a Piece of Land

WHEN IS IT POSSIBLE TO SELL A PORTION OF YOUR PROPERTY? To be able to sell/alienate a portion of your property, said portion has to have its own registered Surveyor General Plan issued by the offices of the Surveyor General and registered with the Deeds Office and as...

Is a Real Estate Agent Necessary?

What do Selling Agents do? Real Estate Agents are instructed by the Owner/authorised representative of an Immovable Property, to market and sell it to the public.  An Estate Agent has many ways to market the Property.  Most Agents market the Property on the internet,...

Transfer Procedure When Buying Property

There is a very specific legal procedure to be followed when effectively transferring immovable/fixed property from an Owner to the Purchaser. Immovable property cannot legally be sold or transferred without the parties entering into a written Agreement of Sale.  The...

POWER OF ATTORNEY: what does that mean?

Granting “Power of Attorney” means granting another individual the power to act on your behalf for whatever legal reason you grant them the power to do here in South Africa.  It’s commonly referred to as appointing a “proxy”. This is done by singing a Power of...

Buying Property From A Deceased Estate

When buying or selling property, whether it be immovable (fixed property) or movable property (e.g. furniture/paintings/vehicles), the parties negotiate and deal with each other in person. An agreement is concluded between willing and able buyers and sellers, and a...

HOW TO REPLACE A LOST TITLE DEED?

  Proof of ownership For every property there is a Title Deed and Surveyor General Plan, indicating the parameters of the property and what the size of a property is.  This Surveyor General Plan is linked to a title deed’s property description, to indicate...

Hidden Costs When Selling a House

  There are expenses when selling any type of property, irrespective if you/your company/your trust is the owner.  The following is a list of the possible costs to be aware of.  This is by no means a complete list, yet quite common. Cancellation penalty of the...