focus on the precise application of learned methods and the development of abstract reasoning. In mathematics, the solution to a problem often exists as a single correct answer, but the journey to that solution may
involve multiple steps that require a deep understanding of the underlying mathematical principles.6. Challenges Faced by Students in Business, Law, and Mathematics ExamsDespite the clear structure and purpose
of exams in business, law, and mathematics, students often face considerable challenges in preparing for and performing well in these exams. The challenges differ by discipline, reflecting the unique demands of each
field.6.1. Challenges in Business ExamsOne of the primary challenges in business exams is the need to balance theoretical understanding with practical application. Many business exams, especially those based on
case studies, require students to analyze complex scenarios with limited e, marketing, management, economics, entrepreneurship, and international business.1.2. Structure of Business ExamsBusiness exams are
often
PROPERTY LAW
MANUAL
© MAY 2016
, CONTENTS
INTRODUCTION
1. Schedule of Contacts 5
2. Schindlers Conveyancing Department – Profile 6
computer science, and actuarial science.While business and law exams may emphasize analysis and application, mathematics exams focus on the precise application of learned methods
and the development of abstract reasoning. In mathematics, the solution to a problem often exists as a single correct answer, but the journey to that solution may involve multiple steps that
require a deep understanding of the underlying mathematical principles.6. Challenges Faced by Students in Business, Law, and Mathematics ExamsDespite the clear structure and
purpose of exams in business, law, and mathematics, students often face considerable challenges in preparing for and performing well in these exams. The challenges differ by discipline,
reflecting the unique demands of each field.6.1. Challenges in Business ExamsOne of the primary challenges in business exams is the need to balance theoretical understanding with
practical application. Many business exams, especially those based on case studies, require students to analyze complex scenarios with limited program might cover topics like accounting,
finance, marketing, management, economics, entrepreneurship, and international business.1.2. Structure of Business ExamsBusiness exams are often
GENERAL CONVEYANCING
3. Who are Conveyancers 8
4. Conveyancing Flow Chart 9
5. Deeds Office Procedure 10
6. Financial Intelligence Centre Act No. 38 of 2001 11
7. Offer to Purchase Check List 12
8. Common Pitfalls in Offers to Purchase 14
9. General Conveyancing Concepts 18
10. Mortgage Bond Types and Registration Procedure 21
11. Mortgage Bond Conditions 23
12. Rates Clearance Certificates 24
13. City of Johannesburg 25
14. Ekurhuleni Metropolitan Municipality & ESKOM 27
15. Guarantees 28
16. Rules for 90 Day Notice Period for Bond Cancellations 29
VOETSTOOTS
17. Voetstoots: What all Sellers and Purchasers should know 30
18. Voetstoots and the Consumer Protection Act 31
19. Voetstoots: Statutory Building Plans 32
PREPARING TO SELL OR PURCHASE IMMOVABLE PROPERTY
20. Seller’s Guide to Selling Immovable Property 33
21. Purchaser’s Guide to Purchasing Immovable Property 36
22. The Importance of Deeds Office Searches 39
23. Steps to take prior to marketing Immovable Property 41
, 24. Costs in respect of the sale of a property for which the Seller is liable 43
25. Powers of Attorney 44
26. Sale of Property Owning Companies / CC’s / Trusts 46
computer science, and actuarial science.While business and law exams may emphasize analysis and application, mathematics exams focus on the precise application of learned methods and the development of
abstract reasoning. In mathematics, the solution to a problem often exists as a single correct answer, but the journey to that solution may involve multiple steps that require a deep understanding of the underlying
mathematical principles.6. Challenges Faced by Students in Business, Law, and Mathematics ExamsDespite the clear structure and purpose of exams in business, law, and mathematics, students often face
considerable challenges in preparing for and performing well in these exams. The challenges differ by discipline, reflecting the unique demands of each field.6.1. Challenges in Business ExamsOne of the primary
challenges in business exams is the need to balance theoretical understanding with practical application. Many business exams, especially those based on case studies, require students to analyze complex scenarios
with limited
SECTIONAL TITLE PROPERTY
27. Sectional Title Property 47
28. Section 25 of the Sectional Titles Act – Real Rights of Extension 51
CONTRACTUAL CAPACITY
29. Contractual Capacity of Natural Persons 52
30. Domicile 54
31. Contracting by and with Companies / CC's / Trusts 55
32. Case Note – The Trustees Authority to Act on behalf of a Trust 56
33. What you need to know about Section 112 of the Companies Act. 57
34. Trusts and Immovable Property 58
34. Immovable Property Sales Involving a Deceased Estate 62
processes. A typical business program might cover topics like accounting, finance, marketing, management, economics, entrepreneurship, and international business.1.2.
Structure of Business ExamsBusiness exams are often
FOREIGNERS / NON RESIDENTS
35. Foreigners and Immovable Property in South Africa 64
36. Withholding of funds payable to non-resident Sellers – Section 35A of the
Income Tax Act 67
37. Emigration 68
TAX ISSUES
38. Transfer Duty 70
39. VAT 72
40. What you need to know about Capital Gains Tax 74
41. The Effect of the February 2016 Budget Speech on Property 75
42. Notional Input Tax Credit: Fixed Property Acquisitions 77
43. Non-Residency in terms of the Income Tax Act 78
44. Donations Tax and Estate Planning – Immovable Property Sales 80
CERTIFICATES OF COMPLIANCE
, 45. Electrical Compliance Certificates 82
46. Certificate of Conformity for Gas Appliances 83
47. Electric Fence System Certificates of Compliance 84
48. Disputes regarding Electrical Compliance Certificates 85
computer science, and actuarial science.While business and law exams may emphasize analysis and application, mathematics
exams focus on the precise application of learned methods and the development of abstract reasoning. In mathematics, the solution to a problem often exists as a single correct answer, but the journey to that solution
may involve multiple steps that require a deep understanding of the underlying mathematical principles.6. Challenges Faced by Students in Business, Law, and Mathematics ExamsDespite the clear structure and
purpose of exams in business, law, and mathematics, students often face considerable challenges in preparing for and performing well in these exams. The challenges differ by discipline, reflecting the unique
demands of each field.6.1. Challenges in Business ExamsOne of the primary challenges in business exams is the need to balance theoretical understanding with practical application. Many business exams, especially
those based on case studies, require students to analyze complex scenarios with limited