Understanding the “Voetstoots” Clause.

A contract to buy or sell property would invariably include a “voetstoots” clause, which is intended to protect sellers. However, the “voetstoots” clause does not always protect a seller against defects in the property, so Buyers and Sellers must make sure they understand the meaning and implications of a “voetstoots” clause…

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Capital Gains Tax… Don’t be caught off-guard!

Capital Gains Tax when selling property

Are you planning to sell your property in South Africa? Don’t let unexpected taxes catch you off guard! In this video, we break down everything you need to know about Capital Gains Tax (CGT) on property sales. Learn how to calculate your capital gain, the allowable deductions, and the exclusions that can significantly impact your profits. Make informed decisions and plan ahead to maximize your returns.

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Building Plans – are they required?

Approved building plans, or the absence thereof, could greatly affect the saleability of your property. It is really important to make sure you have approved building plans for all structures on your property, otherwise you may end up jeopardising the sale of your property.

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Compliance Certificates

compliance certificates

If you’re in the process of buying or selling a property, It is important to be aware of the compliance certificates that are required when buying and selling property in South Africa.

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The Sole Mandate Debate

The Sole Mandate Debate!! The choice between granting a sole mandate or going for a multi-agent, open mandate approach is often debated, and can be a contentious and confusing topic for property sellers, AND could also be the difference between a smooth sale or a turbulent one.

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