Posted on 7/23/2025 7:30 AM By Cor van Deventer
Unlike other clauses that govern timelines or responsibilities, a suspensive condition operates as a legal switch. Once the condition is fulfilled — such as securing a bond or providing proof of approved building plans — the agreement "switches on" and becomes binding. If it isn’t fulfilled within the specified timeframe, the contract falls away automatically, with neither party liable for breach.
Posted on 7/22/2025 4:13 PM By Cor van Deventer
The absence of municipal records does not necessarily mean the structures are unlawful, but it can result in practical and legal complications. Buyers may raise objections, banks may withhold bond approval, and conveyancing attorneys may be unable to proceed with registration. In short, missing building plans can stall or derail a transaction — and often do.
Posted on 7/21/2025 10:02 AM By Cor van Deventer
According to Cor van Deventer, director at VDM Attorneys, the Johannesburg Deeds Office continues to face multiple challenges. “We’re dealing with a fire- and flood-damaged building, a reduced team, safety concerns, and chaotic record-keeping,” he explained. “It’s creating enormous pressure, especially for sellers who depend on swift registration to unlock funds.”
Posted on 7/15/2025 9:07 AM By Cor van Deventer
The Property Practitioners Act imposes a detailed and enforceable framework for how property practitioners must conduct themselves in practice. It touches everything from how records are stored and how deals are marketed, to who you can work with and what happens if you get it wrong.
Posted on 7/9/2025 4:13 PM By Cor van Deventer
Under South African law, estate agents and property practitioners are held to strict compliance standards — especially when it comes to their entitlement to commission. One of the most critical of these requirements is holding a valid Fidelity Fund Certificate at the time of performing any estate agency service.
Posted on 6/26/2025 8:32 AM By Cor van Deventer
Transfer duty is a tax levied by the South African Revenue Service (SARS) on the acquisition of fixed property when the seller is not a VAT vendor. Transfer duty must be paid before the property can be registered in the buyer’s name, and proof of payment is submitted to the Deeds Office during the transfer process.
Posted on 6/25/2025 8:24 AM By Cor van Deventer
A suspensive condition suspends the effect of a sale agreement until a specific event occurs — typically bond approval, the sale of another property, or municipal clearance. If the condition is not fulfilled by the agreed deadline, the agreement lapses without consequence. But that simplicity is deceptive.
Posted on 6/24/2025 1:10 PM By Cor van Deventer
When purchasing property in South Africa, various legal professionals play distinct roles in ensuring that the transaction is compliant, secure, and properly registered. Two of the most crucial players in this process are bond attorneys and transfer attorneys. While their work overlaps in timeline and coordination, their mandates, appointment processes, and responsibilities differ significantly.
Posted on 6/21/2025 5:09 PM By Cor van Deventer
170 Grosvenor, Bryanston - As of Monday, 2 June 2025, our construction team officially stepped onto the site, boots on the ground, ready to bring bricks and dreams together. After months of careful planning, sales milestones, and behind-the-scenes activity, it’s finally happening.
Posted on 6/11/2025 4:18 PM By Cor van Deventer
According to the city, persistent non-payment by property owners has significantly affected its ability to operate efficiently. In response, it has introduced a stricter enforcement mechanism, aimed at recovering debts before a transfer of ownership is finalised.
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