Real Estate with Glen White

19/10/2022

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Let's Talk

𝘙𝘢𝘵𝘦𝘴 𝘊𝘭𝘦𝘢𝘳𝘢𝘯𝘤𝘦 𝙁𝙞𝙜𝙪𝙧𝙚𝙨
The conveyancer applies for Rates Clearance Figures from the local authority (municipality) on behalf of the seller. When these are issued it shows a breakdown of outstanding debts - once the outstanding amounts are settled by the seller, the certificate is issued. The outstanding debts could apply to: municipal service fees, surcharges on fees, property rates and other municipal taxes, levies and duties.

𝘙𝘢𝘵𝘦𝘴 𝘊𝘭𝘦𝘢𝘳𝘢𝘯𝘤𝘦 𝘾𝙚𝙧𝙩𝙞𝙛𝙞𝙘𝙖𝙩𝙚
A Rates Clearance Certificate is the certificate issued by a local authority stating that there is no current outstanding debt due by the seller for the property, only once this has been issued can the conveyancer proceed with lodgement in the Deeds Office.

13/10/2022

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The Deeds Office Explained in today's

𝙏𝙝𝙚 𝘿𝙚𝙚𝙙𝙨 𝙊𝙛𝙛𝙞𝙘𝙚 is responsible for the registration, management and maintenance of the property registry in South Africa. Across their 11 offices, they keep a record of all the title deeds for registered properties.

𝙏𝙝𝙚𝙞𝙧 𝙨𝙚𝙧𝙫𝙞𝙘𝙚𝙨 𝙚𝙣𝙩𝙖𝙞𝙡:
- lodgement and preparation of title deeds and documents by conveyancers for purposes of registration
- examination of deeds and documents lodged to ensure compliance with legislation

09/10/2022

https://www.thesouthafrican.com/lifestyle/load-shedding-generators-landlord-property-law-23-september-2022/

Load shedding has driven many people to such desperation that some renters have started wondering if they are entitled to generators or not.

17/09/2022

https://www.facebook.com/100057188330219/posts/574121011170838/?app=fbl

Understanding the sequence of a property transfer and having all the necessary documentation beforehand prior to commencement of the process ensures that the conveyancers are off to a good start. NMA have detailed the transfer process to enable you to understand the relevant milestones from commencement to registration.

Simply click the link and download our brochure:

http://nmalaw.co.za.dedi957.jnb3.host-h.net/wp-content/uploads/2018/03/NMA-Pamphlet-V7.pdf.

12/09/2022

If a person dies without a Last Will and Testament, their estate will be distributed in terms of the Intestate Succession Act. This Act is generally fair and ensures that your possessions are transferred to your spouse and children.

However, the deceased does not have any control of who will inherit from their estate if they die without a Will and this may lead to unhappiness and conflict among members of the family.

The LSSA National Wills Week will take place from 12-16 September and offers the perfect opportunity for you to have your Will drafted, free of charge!

Contact NMA from now till the 16th and we can help you draft your Will, free of charge!

07/09/2022

03/09/2022

02/09/2022

19/08/2022

𝙊𝙪𝙧 𝙏𝙧𝙖𝙣𝙨𝙛𝙚𝙧 𝙏𝙞𝙥 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙒𝙚𝙚𝙠:
MAINTENANCE OF SECTIONAL TITLE SCHEMES

In a Sectional Title Scheme, the body corporate must maintain the common property (exterior) while unit owners must each maintain their own section (interior).

ᴡʜᴀᴛ ᴀʙᴏᴜᴛ ᴍʏ ɢᴇʏsᴇʀ?
If your Geyser unit is situated outside, it becomes the responsibility of the Body Corporate unless stipulated otherwise in the Scheme Rules. Maintenance of the geyser remains the responsibility of the unit owner.

ᴇxᴀᴍᴘʟᴇs ᴏғ ᴄᴏᴍᴍᴏɴ ᴜsᴇ ᴀʀᴇᴀs:
Gardens and walkways, swimming pools, play areas, laundry facilities and shared parking facilities.

19/08/2022