by Abé Kempen | Nov 15, 2018 | FAQ, General, Purchaser, Seller
Property From Our Clients Our firm has identified a growing need – namely clients who wish to sell their properties privately. We provide assistance to private Sellers by advertising their properties on our Firms Facebook page, as a tool to provide...
by Abé Kempen | May 1, 2018 | Estate Agent, FAQ, General, Purchaser, Seller
Deeds Office – Pretoria Abé Kempen – AJ Kempen Incorporated Attorneys Notaries Conveyancers The Pretoria Deeds Office is situated in the CBD of Pretoria on the corner of Bosman and Pretorius Street. The transferring attorney is responsible to arrange lodgement...
by Abé Kempen | Feb 13, 2018 | FAQ, Seller
Bond Cancellation: 90 Days When the Seller of a property has a bond registered against his property, this bond should be cancelled when the property is sold, and the bank must be notified about the cancellation. The cancellation of the bond takes place in the...
by Abé Kempen | Jan 31, 2018 | FAQ, General, Purchaser, Seller
Power of Attorney A Power of Attorney (POA) can be useful when the parties to a transaction for the sale of property will be unavailable for a certain amount of time or where one of the parties is domiciled outside of South Africa. Without a Power of Attorney...
by Abé Kempen | Oct 3, 2017 | Estate Agent, General, Purchaser, Seller
Can a portion of an erf be sold, before it has been subdivided? Before this question can be answered we need to look at the requirements for a valid Deed of Sale: the parties must be unmistakably identified; the purchase price must be stated; the property must be...
by Abé Kempen | Aug 29, 2017 | Estate Agent, General, Purchaser, Seller
The Subdivision of land and Conveyancing The subdivision of land is where one property is divided into two or more portions. An owner may consider this as it gives the owner a host of benefits. The relevant By-Laws of the local authority where the property is...
by Abé Kempen | Jul 17, 2017 | General, Purchaser, Seller
The necessity of the exact bond clause in an Offer to Purchase It is of extreme importance for an Offer to Purchase to be drawn up in such a way that’s limits are set for misinterpretation. It is therefore advisable to have the contract drawn up by our attorneys....
by Abé Kempen | Jun 26, 2017 | General, Purchaser, Seller
THE IMPORTANCE OF HAVING THE CORRECT BUILDING PLANS IN PLACE There is a direct responsibility on the seller of a property to ensure that the correct building plans are in place of a property, and the lack thereof leads to an array of legal consequences. Not having...
by Abé Kempen | Jun 20, 2017 | General, Purchaser, Seller
Are landlords allowed to change tenants locks due to non-payment? If a landlord changes the locks without a tenant’s consent, it would constitute an unlawful deprivation of a tenant’s possession and is therefore prohibited by the Prevention of Illegal Eviction and...
by Abé Kempen | Jun 13, 2017 | General, Purchaser, Seller
Occupational Certificate According to the National Building Regulations and Building Standards Act of 1977, an Occupation Certificate must be obtained for every type of building before occupancy may be given. It is compulsory for all owners to obtain the Certificate...
by Abé Kempen | Mar 13, 2017 | General, Purchaser, Seller
“Option to renew a Lease Agreement” An option to renew a lease agreement allows a tenant to continue occupying a premises after the initial lease agreement has lapsed. The option to renew the lease is only available to a tenant if the clause was...
by Abé Kempen | Feb 20, 2017 | General, Purchaser, Seller
“Voetstoots” There is a standard clause in most sale contracts in South Africa, known as the Voetstoots clause, which translates to “as it stands” meaning that property is being sold with defects and all. When a property is then sold as Voetstoots, it...
by Abé Kempen | Feb 13, 2017 | General, Purchaser, Seller
Certificates of Compliance Electrical Compliance Certificate: In terms of the Electrical Installation Regulations, which came into effect in 2009 under the Occupational Health and Safety Act, the seller of the property must obtain an Electrical Certificate of...
by Abé Kempen | May 20, 2016 | General
Reserve Bank Governor Lesetja Kganyago announced on 19 May 2016 that the Monetary Policy had decided to leave interest rates unchanged for now, following the news that the consumer inflation rate had slowed down for a second consecutive month in April to 6.2% This...
by Abé Kempen | Apr 24, 2016 | General, Purchaser, Seller
Why are there so many attorneys involved in a property transaction, and who are they? There are 3 different attorneys involved in a property transaction: The Transferring Attorney The Bond Attorney The Bond Cancellation Attorney These attorneys do not necessarily...
by Abé Kempen | Feb 18, 2016 | General
We are proud to announce that we have moved our office to Brooklyn, Pretoria Our new office address is 1001 Justice Mahomed Street, Brooklyn, Pretoria. We are on the same premises as Schoeman and Associates. Please note our new phone number (012) 346 4164 Please find...
by Abé Kempen | Feb 5, 2016 | Estate Agent, General, Purchaser, Seller
Why do we have to send our FICA documents to the conveyancing attorney? The Financial Intelligence Centre Act (38 of 2001) (the FIC Act) came into effect on the 1st of July 2003. The FIC Act was introduced to fight financial crime, such as money laundering, tax...
by Abé Kempen | Jan 29, 2016 | General
On the 28th of January 2016 the South African Reserve Bank announced that it would increase the repo rate with 50 basis points raising it with half a percentage to 6.75%. This comes after the bank increased rates by 25 basis points in both July and November...
by Abé Kempen | Jan 13, 2016 | Estate Agent, General, Purchaser, Seller
Let us solve your Property Puzzle Social networking and media being the norm of the day, one can easily gain access to the Property Registration Process by using modern day technology and devices. By the click of a button one can easily attain the 10...
by Abé Kempen | Dec 1, 2015 | General, Purchaser
What is Transfer Duty? Transfer Duty is government tax, which is charged when a property is transferred from one person or entity to another person or entity. A Purchaser (Natural Persons, Trusts, Companies & Close Corporations) of a property, pays Transfer duty...
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