by VDT Attorneys | Sep 25, 2024 | Common property, Exclusive use area, Property transfers
An exclusive use area is not automatically transferred when a section is transferred to a new owner. An exclusive use area has to be registered in the Deeds Office by way of a separate notarial deed – a notarial deed of cession – in terms of which the exclusive use...
by VDT Attorneys | Sep 20, 2024 | Estate late property transfers, Inheritance, Property transfers
An estate late property transfer refers to the legal process of transferring ownership of property from a deceased individual to the rightful beneficiaries or heirs. This process is governed primarily by the Administration of Estates Act 66 of 1965, which outlines the...
by VDT Attorneys | Jul 26, 2023 | Divorce, Estate Planning, Maintenance, Property transfers
The foundation of any successful property transaction for cohabiting partners is open and honest communication. It is crucial to have transparent discussions about financial goals, preferences, and long-term plans. Communicate your expectations, financial...
by VDT Attorneys | Jul 15, 2022 | Property transfers
A suspensive condition is a condition which suspends the coming into effect of a property sale agreement until a certain future event occurs, which event is usually tied to a specific timeframe. For example, the buyer’s loan at a financial institution must be approved...