Since the new Property Practitioners Act (PPA) came into operation earlier this year, sellers of a property have an increased responsibility to declare any latent defects in the property to the prospective buyer.
In our previous article, Strength in Specialisation, we explored why the right combination of people, standardised processes and solutions are so critical when empowering portfolio managers to shift from reactive to proactive management.
PropTech pioneers, The Virtual Agent (TVA), has ramped up its operation to produce more interpretive, enriched information to a growing group of subscribing property practitioners.
Mamodupi Mohlala-Mulaudzi, temporary suspend CEO of the PPRA, faced a disciplinary hearing on Monday 25 July, following preliminary findings of a forensic investigation into her involvement in irregular activities as CEO of the PPRA. She will face seven charges.
Choosing a full-service property management company or Managing Agent to take care of a Sectional Title Scheme can be a tall order – there are many businesses out there that make big claims, but don’t always follow through.
While record-low interest rate levels over the last two years helped give millions of new buyers a foothold in the South African residential property market, an upward trend in the rate, high annual inflation, record-high unemployment, an economy struggling to get back to pre-pandemic levels and the added strain of load shedding have seen the market slow significantly in the last few months.
Debt holders face higher repayments following the latest announcement by the Monetary Policy Committee (MPC). The repo rate climbs by another 75 basis points to 5.5%, leaving the prime lending rate at 9%.
With the economic effects of the Covid-19 pandemic still being felt, many South Africans are turning to a side hustle to bring in some extra cash.
The different living options for older people can be quite confusing. “It’s important to go in with your eyes open”, says Gavin O’Leary, property practitioner at Just Property Port Elizabeth and Lawrence Homan, franchisee in Margate, Berea and Pinetown and Westville.
Over several decades, we have watched as technology has revolutionized commerce, communication, information, transportation and most recently, fintech.