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Can your neighbour object to building plans?

1024 684 Prevance - Bridging Finance South Africa

Nothing can disrupt a person’s life as much as a dispute between neighbours and even more so when there are building works and renovations involved. Disputes of this nature tend…

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Property Owners: Your Rates Could Quadruple for Unauthorised Land Use

220 150 Prevance - Bridging Finance South Africa

“The said penalty … was imposed due to the fact that the property was being used in contradiction to its zoning” (extract from judgment below) Municipalities all have the right…

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Is a Seller held liable to repair a leaking roof after the property is sold?

800 301 Prevance - Bridging Finance South Africa

Is a Seller held liable to repair a leaking roof after the property is sold? To understand which party is liable, one must appreciate the difference between latent and patent…

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The Seller passed away during the transaction. What now?

800 300 Prevance - Bridging Finance South Africa

While concluding the sale of an immovable property, the seller will sign a power of attorney, which gives the attorney the obligation and authority to attend to the transfer of…

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How the new Property Practitioners Act will impact property developers

700 467 Prevance - Bridging Finance South Africa

Accreditation and compliance already dominate the operations of South Africa’s property developers – such as ensuring that the necessary certifications are obtained and that the property to be developed follows…

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Selling property out of a deceased estate

600 400 Prevance - Bridging Finance South Africa

  If an agreement for the sale of immovable property is concluded and the seller dies before the property is transferred, the sale can still proceed. Upon the seller’s death,…

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Property Sellers: Why, How and When to Choose Your Own Conveyancer

1024 682 Prevance - Bridging Finance South Africa

“A great deal is at stake in the transfer of fixed property. It is generally the largest single asset that a person owns and the transaction for the purchase or…

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Cancelling Your Bond What You Need to know

1024 684 Prevance - Bridging Finance South Africa

Most homeowners selling their properties have a registered bond that needs to be cancelled with the financial institution that originally financed their purchase. What most homeowners do not realise is…

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