Property

July 27, 2021

What is a “transaction” for transfer duty purposes?

According to reports, given current low interest rates, there have been an uptick in property transactions. Therefore, it is worthwhile considering the potential impact of any transfer duty taxes to […]
March 31, 2021

Buying or Renting: Has the question finally been answered?

The question of whether renting or buying is the best is almost always in circulation in the real estate industry. While one is affordable in the short term, […]
September 16, 2020

The most reliable investment in the market

Buying real estate is more than finding the right home or location for your business – owning property is an investment that holds more benefits than you […]
September 16, 2020

Fast forward your property transfer

Buying a house is a big decision, one in which the buyer will have invested numerous hours of research, planning and careful consideration. It makes sense then that a buyer would want […]
October 15, 2019

Leasehold responsibilities

Certain lease agreements regarding land and property stipulate that the lessee, as part of his/her obligation under the agreement, is expected to make improvements to the […]
July 4, 2019

WHAT YOU NEED TO KNOW ABOUT PROPERTY TAX

Investing in a property or buying your dream home is an exciting and rewarding experience. But one of the not-so-exciting, but crucial parts of any property […]
September 8, 2017

A TIMING ANOMOLY WHEN DISPOSING OF PROPERTY

Property related transactions are typically significant transactions, and therefore tax considerations linked thereto should be carefully considered. One such consideration involves the timing of the disposal […]
May 22, 2017

TRANSFER OF A PROPERTY: IS VAT OR TRANSFER DUTY PAYABLE?

A purchaser is responsible for payment of transfer cost when acquiring an immovable property, but it should further be established if the transaction is subject to […]
July 27, 2016

Is the buyer of an immovable property responsible for paying the seller’s outstanding municipal account?

Municipalities are required to issue rates clearance certificates without which a property cannot be transferred from a seller to a buyer. The rates clearance certificate certifies […]
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