Did you know that very few rental management businesses in South Africa are launched for the sake of it? Most are created as extensions to existing sales or community management businesses.
One of the most contentious stages of a lease period is when the lease is terminated, and discussions around the return of the deposit begin.
Subletting can sometimes be a tempting solution when life changes unexpectedly during the time span of your lease agreement.
Imagine living with no loadshedding? Where do you not have to worry about the ballooning petrol price because everything is a 15-minute trip away from home?
Former CEO of the former EAAB, Mamodupi Mohlala’s application to be given permission to appeal the Court’s decision to uphold her suspension was dismissed with costs in the South Gauteng High Court last week.
On 18 March 2022, the Minister of Human Settlements published draft regulations in terms of the Rental Housing Act for public comment.
Born between 1981-1996, the Millennial generation are now between the ages of 26-41, making them a prime segment of home buyers in South Africa.
Selling property in housing complexes or estates is what real estate sales are all about. A sale is accompanied by several different financial implications, of which a deposit and bond approval is probably the most important.
With the PP Act and Regulations now in full force as of 1 February, property practitioner firms (business property practitioners or estate agencies, inclusive of sole proprietors) will not be able to apply for or renew their Fidelity Fund Certificates (FFCs) without submitting a valid BEE certificate.
The renewed interest in the country’s major CBDs from a younger demographic will have a positive knock-on effect on the economy and property market at large.