‘FAQs’ Category Archives

28
Jun

What is the difference between river properties on the Free State side of the main river compared to the Gauteng side?

by Christian in Advice to buyers, FAQs, Vaal river info

Comments Off on What is the difference between river properties on the Free State side of the main river compared to the Gauteng side? Comments

It always makes me smile when people think that there is a class difference between the Free State side and Gauteng side, when, in actual fact, both sides are equally in demand by 95% of the buyers! Traditionally the Gauteng side was the side that developed the fastest and therefore had an infrastructure sooner than ...

12
May

Where and how does property transfers start?

by Christian in FAQs

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  First step for the buyer is the Offer to Purchase to be accepted and thereafter the Deed of Sale to be signed by the seller. If you are applying for a bond the following will be required from you: Your proof of address, Your ID and your income tax number. These documents are for FICA requirements. Proof of earnings ...

5
May

What exactly does the conveyance of a property in South Africa entail?

by Christian in FAQs

  Various laws and regulations need to be adhered to before documents may be sent to the Office of the Registrar of Deeds for registration, like:¬†Financial Intelligence Centre Act (FICA), the Transfer Duty Act, the Value Added Tax Act, the Municipal Property Rates Act as well as the regulations regarding Home Owners Associations and Body Corporates. ...

1
May

Why does it take so long for a property to register in South Africa?

by Christian in FAQs

Comments Off on Why does it take so long for a property to register in South Africa? Comments

Apparently there are countries where it is as easy to buy a property as it is to buy shoes - you see it, you sign and pay for it, information goes to a central data system and you own it almost the same day! But then apparently there are also countries (e.g. USA ) where home ...

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