Owner, can you move “shop” to your house?

Lockdown has changed many a thing in our daily lives – one of them is trying to work from home. The question many might ask once the lockdown has been lifted, is whether you can “move shop” and start running your business from your residence? What many homeowners don’t know or realise, is that their […]

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How to object against the municipal valuation of my property?

The Local Government: Municipal Property Act, 6 of 2004, provides municipalities with the power to levy a rate on properties in its area. The rate is calculated on the market value of a property. Consequently, all municipalities must compile a valuation roll which provides the value of each property in the area of the relevant […]

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Will I have to pay VAT on the sale of my property?

In most cases, transfer duty and not VAT is relevant for the sale of land. VAT will only be relevant if the seller is registered for VAT and the land is part of his VAT enterprise. If a farmer, registered for VAT, for example, sells his farm, such sale will be a VAT transaction. Volker […]

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When can I as purchaser take occupation of the property?

This depends on the terms of your sale agreement. Your sale agreement would typically stipulate when you are entitled to occupy. It will sometimes be a specific date, for example; 1 June. Often the occupation date is, however, linked to the registration date of the transfer of the property at the deeds office. In such […]

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Who must obtain the electrical certificate of compliance?

The electrical certificate of compliance in terms of the relevant Electrical Installation Regulations, 1992, framed under Act no 6 of 1983, as extended by Act no. 85 of 1993 is also commonly referred to the “COC”. The contract of sale will typically stipulate that the seller has to obtain the COC at his cost. If […]

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