Results for sectional title

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Life rights vs sectional title living: pros and cons
Life rights vs sectional title living: pros and consArticle

As an increasing number of South Africans look ahead towards retirement, the two most popular homeownership options are life rights and sectional titles properties...

4 May 2021

Marina Constas, director, BBM Law
Residential developments not PoPI Act compliant could be fined up to R10mArticle

Community housing schemes like sectional title complexes, apartment blocks, residential estates and retirement villages must comply with the PoPI Act...

Marina Constas 3 May 2021

Price right, sell fast and cut your holding costs
Price right, sell fast and cut your holding costsArticle

Record fuel price increases are grabbing headlines at the moment, but home sellers should be even more concerned about the increases in municipal tariffs that will be implemented in just a few months' time...

Gerhard Kotzé 23 Apr 2021

Out with the old, in with the new - body corporate rules
Out with the old, in with the new - body corporate rulesArticle

Many owners of a unit in sectional title schemes, especially those schemes opened before 7 October 2016, remain confused as to which body corporate rules apply to their scheme...

Lisa Tonini 19 Apr 2021

Unprecedented activity in housing market following lockdown - Re/Max Q1 2021 report
Unprecedented activity in housing market following lockdown - Re/Max Q1 2021 reportArticle

Since South Africa emerged from hard lockdown in June 2020, the local property market has been seeing unprecedented levels of activity driven by pent-up demand...

13 Apr 2021

Trustee duties in a sectional title scheme
Trustee duties in a sectional title schemeArticle

Sectional title properties have become a popular way of living for many South Africans, and along with this type of living comes a body corporate and trustee setup...

Issued by Propell 12 Apr 2021

Property investment 101: practical steps to consider
Property investment 101: practical steps to considerArticle

Last year's five consecutive repo rate cuts, which dropped the prime lending rate to a record low of 7%, has resulted in an increase in buyer activity in the property market...

12 Apr 2021

The Business Exchange launches unique dollar-based offshore investment opportunity in Mauritius
The Business Exchange launches unique dollar-based offshore investment opportunity in MauritiusArticle

Serviced office space provider The Business Exchange (TBE), in partnership with Maxcity Properties, has launched an exciting new opportunity, offering investors the unique chance to own offshore property in Mauritius...

Issued by Irvine Partners 9 Apr 2021

Community housing scheme rules also bound by Constitution
Community housing scheme rules also bound by ConstitutionArticle

Trustees and directors of community housing schemes cannot simply make up new rules by themselves...

7 Apr 2021

FNB records 46% uptick in secondary property purchases in Q4 2020
FNB records 46% uptick in secondary property purchases in Q4 2020Article

FNB has reported a 46% increase in the total number of buyers who purchased secondary properties in the fourth quarter of 2020 compared to the fourth quarter of 2019...

7 Apr 2021

Building owners have 14 months to identify asbestos, plan its removal
Building owners have 14 months to identify asbestos, plan its removalArticle

According to Indawo managing director Geoffrey Jäck, it has been a long time coming, but asbestos is now outlawed and building owners have only 14 months...

23 Mar 2021

New Lanseria Smart City just 'papering over the cracks'
New Lanseria Smart City just 'papering over the cracks'Article

According to Paragon Group director Henning Rasmuss, the new Lanseria Smart City revealed during this year's SONA is just 'papering over the cracks'...

16 Mar 2021

Can body corporates and homeowners' associations borrow money?
Can body corporates and homeowners' associations borrow money?Article

Good financial and cashflow management is crucial for well-run and efficiently operated community housing schemes, including sectional title schemes and home owners' associations...

Issued by Propell 15 Mar 2021

Lightstone shares 3 national house price scenarios for 2021
Lightstone shares 3 national house price scenarios for 2021Article

Residential property prices defied Covid-19 conventional wisdom in 2020, and house price inflation ended close to 3% at the end of the year, some 2.7% above Lightstone's forecast made at the beginning of 2020...

8 Mar 2021

Lightstone shares 3 house price scenarios for 2021Article

Residential property prices defied Covid-19 conventional wisdom in 2020, and house price inflation ended close to 3% at the end of the year, some 2.7% above Lightstone's forecast made at the beginning of 2020...

Issued by 8 Mar 2021

Mirfin survey highlights what managing agents expect from service providers
Mirfin survey highlights what managing agents expect from service providersArticle

Mirfin recently conducted a client survey with a view to gain a more thorough understanding of the needs and preferences of industry decision-makers...

3 Mar 2021

First-time buyers flood market, but should be cautious when signing an offer
First-time buyers flood market, but should be cautious when signing an offerArticle

Driven by a five-decade low interest rate and favourable lending conditions, it remains one of the best times in decades to buy property...

2 Mar 2021

Role of contractors in the financial success of bodies corporate
Role of contractors in the financial success of bodies corporateArticle

The cost of a maintenance project for a sectional title scheme is usually determined by its size, the current state of repair and the degree of maintenance required...

Björn Laubscher 17 Feb 2021

Reversion of a sectional title to conventional land title
Reversion of a sectional title to conventional land titleArticle

We were consulted by a client who had acquired the real right of extension in an industrial sectional title scheme where he initially planned to develop a further phase on the portion of land over which the Real Right lay. He subsequently decided he would prefer not to be part of the sectional title scheme...

Mike Collins 8 Feb 2021

Unpacking the growing trend of women investing in property
Unpacking the growing trend of women investing in propertyArticle

In a recent Instagram Live session on The Thando Channel, the topic of women's growing participation in the property market was addressed...

5 Feb 2021

Prime global residential property market outlook shows strength, ongoing stability
Prime global residential property market outlook shows strength, ongoing stabilityArticle

According to Savills World Cities Prime Residential Index, despite the uncertainties surrounding the pandemic, the market for prime global residential...

3 Feb 2021

Repo rate remains unchanged, still room for a further cut
Repo rate remains unchanged, still room for a further cutArticle

While a further reduction to the interest rate would have been a bonus for aspirant first-time home buyers and existing homeowners...

Dr Andrew Golding 21 Jan 2021

Where is the housing market headed in 2021?
Where is the housing market headed in 2021?Article

After the worst economic downturn in decades, economic growth is still widely expected to show some positive growth of around 3% this year...

Dr Andrew Golding 19 Jan 2021

Re/Max Q4 2020 report reveals property market recovery to pre-pandemic levels
Re/Max Q4 2020 report reveals property market recovery to pre-pandemic levelsArticle

Data from Q4 2020 reflects nearly the same levels of activity in the housing market as it had pre-pandemic...

15 Jan 2021

Young buyers fuel sectional title market in Mother City
Young buyers fuel sectional title market in Mother CityArticle

After having been excluded from the property market by rising prices in recent years, the record-year low interest rates and the current granting of 100% bonds to first-time buyers has swayed more young people to opt for owning...

12 Jan 2021

#BizTrends2021: Covid-19 drives new trends in local property market
#BizTrends2021: Covid-19 drives new trends in local property marketArticle

The Covid-19 pandemic has had a 'significant and lasting impact' on the South African residential property market and is shaping many of the emerging trends we're seeing in the market right now...

Marcél du Toit 8 Jan 2021

Resilience of SA's housing market reflects ongoing aspiration for home ownership
Resilience of SA's housing market reflects ongoing aspiration for home ownershipArticle

Residential real estate, while also being impacted by the Covid-19 pandemic, has so far proven to be one of the more resilient sectors...

Dr Andrew Golding 15 Dec 2020

Board committees in property associations - the legal side of social, ethics committees
Board committees in property associations - the legal side of social, ethics committeesArticle

The duties of directors of property development-related associations have at times been an uncertain area of law...

Francois Schoeman 7 Dec 2020

How to calculate sectional title levies
How to calculate sectional title leviesArticle

Calculating levies can be a bit tricky, but it is important that owners understand what is included in the levy and how the final amount is reached...

Björn Laubscher 2 Dec 2020

CT property market becoming increasingly accessible to first-time buyers
CT property market becoming increasingly accessible to first-time buyersArticle

A bullish buyer's market and record-low interest rates has resulted in the Cape Town residential property market becoming more accessible to first-time buyers...

2 Dec 2020

Challenges of 'building-on', remote working in ST schemes
Challenges of 'building-on', remote working in ST schemesArticle

Covid-19 has accelerated a new normal in which more employers are allowing their employees to work from home, and this trend is likely to continue beyond the current Covid-19 crisis...

27 Nov 2020

Reserve Fund compliance now urgent for ST schemes
Reserve Fund compliance now urgent for ST schemesArticle

Sectional title schemes that are not yet compliant with the reserve fund provisions of the Community Housing Schemes Ombud Services (CSOS) Act should rectify that position as soon as possible...

Andrew Schaefer 26 Nov 2020

Lightstone data reveals the age groups dominating property investment in SA
Lightstone data reveals the age groups dominating property investment in SAArticle

According to property data analytics provider Lightstone, around 40% of multiple residential property owners in South Africa fall between the ages of 36-49 years, while 38% of multiple property owners fall between 50-64 years...

11 Nov 2020

Why 2020 does not compare to the 2008 housing market crash
Why 2020 does not compare to the 2008 housing market crashArticle

When the national lockdown was first announced at the end of March, the real estate industry braced itself for another housing market crisis similar to that of the 2008 crash...

Adrian Goslett 4 Nov 2020

How lockdown has impacted property buying trends among SA's generations
How lockdown has impacted property buying trends among SA's generationsArticle

The Covid-19 pandemic and lockdown has been a catalyst for highlighting the different characteristics - as well as the commonalities of preference - among various generations of home buyers...

Dr Andrew Golding 3 Nov 2020

Research key to decision-making in currently ripe property market
Research key to decision-making in currently ripe property marketArticle

Despite the impact of Covid-19 and the tightening of economic activity, property remains a sound investment, according to Lightstone's Esteani Marx...

28 Oct 2020

Pros and cons of buying property as a company, through a trust, or privately
Pros and cons of buying property as a company, through a trust, or privatelyArticle

Adrian Goslett, regional director and CEO of RE/MAX of Southern Africa, elaborates on each kind of ownership type and their pros and cons...

22 Oct 2020

Why community housing schemes should be POPI Act compliant ASAP
Why community housing schemes should be POPI Act compliant ASAPArticle

Not much time is left for community housing schemes to comply with the POPI Act. Andrew Schaefer, MD of Trafalgar, explains how the newly-introduced sections of the Act affect sectional title schemes...

21 Oct 2020

Sectional Titles Schemes Management Act - mixed blessing for community schemes
Sectional Titles Schemes Management Act - mixed blessing for community schemesArticle

It's four years since the revised and amended laws were enacted and many property owners are still coming to terms with the requirements of the legislation especially with regards to the setting of budgets...

Michael Schaefer 12 Oct 2020

Post-lockdown: Property market showing steady signs of recovery
Post-lockdown: Property market showing steady signs of recoveryArticle

Following the national Covid-19 lockdown during the second quarter of 2020, the latest figures from the Deeds Office reflect steady signs of recovery in the property market...

9 Oct 2020

Homes selling for above asking price in competitive market
Homes selling for above asking price in competitive marketArticle

Buyers competing for sought-after homes priced below R2.5m are in some instances pushing up asking prices, reports fixed-fee agency, Eazi Real Estate...

23 Sep 2020

Buying property on auction? Here's what you need to know
Buying property on auction? Here's what you need to knowArticle

According to Skoko Sebola, principal at Leapfrog Midrand, buying property at an auction does not necessarily guarantee that you'll get a better deal...

17 Sep 2020

Impact of remote working, changing office market could be far-reaching
Impact of remote working, changing office market could be far-reachingArticle

Ever since the Covid-19 hard lockdowns began in all seriousness across the world earlier this year, the world has been abuzz with talk of how the crisis has changed the world...

John Loos 14 Sep 2020

Property investment: Exploring opportunity in adversity
Property investment: Exploring opportunity in adversityArticle

Paul Stevens, CEO of Just Property, weighs in on the property investment opportunities available in the current climate of low interest rates and recession...

7 Sep 2020

AGM delays in residential schemes could leave them in a financial fix
AGM delays in residential schemes could leave them in a financial fixArticle

Founder and CEO of specialist finance company ZDFin Michael Schaefer warns that property owners in bodies corporate and other residential schemes could face unexpected annual levy increases...

3 Sep 2020

Financial trouble looms for sectional titles with levies in arrears
Financial trouble looms for sectional titles with levies in arrearsArticle

According to Andrew Schaefer, MD of property management company Trafalgar, scores of sectional title (ST) schemes and home owners' associations (HOAs) are going to be in financial trouble soon if owners don't start making up the levy payments deferred...

31 Aug 2020

Why sectional title schemes need a 10-year plan
Why sectional title schemes need a 10-year planArticle

According to the Sectional Title Schemes Management Act (STSMA), a 10-year maintenance, repair and replacement plan for major capital assets must be presented at the annual general meeting for approval by the members of the body corporate...

Bjorn Laubscher 31 Aug 2020

Trend shift in SA home market: More women are first-time buyers than men
Trend shift in SA home market: More women are first-time buyers than menArticle

Single women are dominating the South African home market with more women first-time home buyers than men for the six years between 2015 and 2020, according to Hayley Ivins-Downes, head of sales at Lightstone Property...

27 Aug 2020

New platform launched to support, develop women in sectional title property
New platform launched to support, develop women in sectional title propertyArticle

According to specialist sectional title attorney and BBM Law director Marina Constas, while women are reportedly the largest group of property buyers in South Africa today, they are underrepresented...

26 Aug 2020

How pre-qualifying for a home loan can support your offer to purchase
How pre-qualifying for a home loan can support your offer to purchaseArticle

There is a misconception that a 'pre-qualification' on a bond means you are guaranteed that a bank has approved a home loan up to a certain amount. This is not true. Nondumiso Ncapai Head of Product for Absa Home Loans explains...

Issued by Private Property South Africa 24 Aug 2020

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