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People & News

2014
People & News

Trust supporting documents

Meyer de Waal draws our attention to the fact that because of problems, the Cape Town Master’s Office will continue to accept old trust registration forms until 1st of April.

People & News

Credit Amnesty

When the Credit Amnesty comes into effect on 1 April, existing adverse consumer information, excluding unpaid judgments, will be removed from all Credit Bureau reports.

People & News

KZN Conveyancing Course

The deadline for the Black Conveyancers Association's (BCA's) conveyancing course for paralegals and conveyancing secretaries in KZN ends in one day - the 16th of May. 

2013
People & News

Property values

Cape Town homeowners who want to contest property valuations must realise that it is not a process that should be entered into without sufficient grounds.

People & News

Intern logbook

The Estate Agency Affairs Board is wanting to introduce a mandatory one-year programme, to be completed by all intern estate agents, as from 2 January 2013.

People & News

Own tomorrow

Hear John Loos, Mike Stopforth and Rivaj Parbhu. Workshops with WinDeed’s Colin Day on the benefits and pitfalls of using public domain data sources; on management reports; and on marketing technology - for free.

People & News

Own tomorrow - Jhb

Three diverse, fascinating speakers had Own Tomorrow conference attendees enthralled in Cape Town and Durban this week, as they will in Johannesburg next week.

People & News

Own tomorrow - Presentations

A recap of the recent Own Tomorrow conference held in Cape Town, Durban and Johannesburg as well as a link to the presentations.

2012
People & News

Online traction

2012 will be the “tipping point” in the real estate industry when online marketing gains more traction than traditional print and other forms of advertising says Berry Everitt.

People & News

A new GhostDigest

After nine years change has happened and the GhostDigest has been transformed into a sleek, clean new website. 

People & News

Budget 2012/2013

Leading property professionals have welcomed the budget as being one which will encourage a sustained improvement in the property market. 

People & News

Financial literacy

The importance of financial literacy in buying and owning a home must not be underestimated and education is necessary writes Meyer de Waal of My Budget Fitness

People & News

Connect. Collaborate. Communicate

The 2012 GhostConvey Roadshow is not to be missed as in a world where technology is always evolving, ongoing innovation is the only way to stay ahead.

People & News

iPad 3 winners

An overview of the 2012 Roadshow which hundreds of property professionals attended, comments by attendees and photos of the two lucky iPad 3 winners

2011
People & News

Activity Index

Korbitec's Attorney Activity Index is one of the best property forecasting tools available as it offers a valuable snapshot of the current property transaction pipeline.

People & News

Budget 2011

Finance Minister Pravin Gordhan has for the first time since 2006 raised the transfer duty rate threshold.

People & News

Court action

Greg Kukard reports that clearance certificate delays in Johannesburg has led to a number of urgent and successful High Court applications. 

People & News

Roadshow iPad winners

Feedback from attendees and the winners of three iPad 2’s at this year’s Tipping Point Roadshow held this month.

People & News

World Planning Day

The City of Cape Town will be hosting a conference on 10 and 11 November - Liveable Cities: Urbanising World. Meeting the Challenge to celebrate World Planning Day.

People & News

Cape Town year end

A schedule setting out the changes to normal operations in the Cape Town Deeds Office during December and January. 

2010
People & News

Budget 2010

Finance Minister Pravin Gordhan's first budget speech had very little in it for the property sector.

People & News

New valuation roll

Property owners in the Cape Metropole area have until the 30th of April to inspect and to object to the values of property which they own, so objectors had better get moving.
 

People & News

Credibility under fire

The credibility of the Deeds Office is under fire after revelations that at least 33 properties were irregularly or fraudulently transferred.

People & News

Fiasco

The Johannesburg Attorneys Association (JAA) is reviewing its legal options as the issuing of municipal clearance certificates system collapses.

People & News

City of Johannesburg

City of Johannesburg Metropolitan Municipality v Gauteng Development Tribunal and Others - Chapters V and VI of Development Facilitation Act, constitutionality thereof.

People & News

Clearance applications

The City of Johannesburg recently released guidelines for conveyancing attorneys and members of the public when they apply for clearance figures.

People & News

Spot the transfer

Congratulations are in order for the three lucky winners in the GhostConvey Spot the Transfer competition held recently.
 

People & News

Conveyancing 2015 Review

GhostConvey's 2010 national road show brought together industry leaders from across the country to discuss the market, the players and the technology. The event was enlightening and informative for all ...

2009
People & News

Deeds Office criticism

A leading local estate agent has strongly criticised the Cape Town Deeds Office for its poor service levels.

People & News

Conveyancing seminar

The Johannesburg Attorneys Association - Property Law Sub-committee invites you to a conveyancing seminar at Deneys Reitz.

People & News

Enforcement

Bobby Bertrand writes that new electrical compliance regulations could make criminals of a great many South Africans.

People & News

Eversheds

Law firm Routledge Modise begins practising as Eversheds in SA from 1st July.

People & News

Rates clearance closure

Details of the Cape Town Rates Clearance offices opening times over the festive season.

2008
People & News

Scrap land grabs

A leading economy-watcher and former Black Consciousness activist has called for a scrapping of land grabs altogether.

People & News

Tips for Trevor

An open letter from Simon Stockley of Integer Home Loans to Trevor Manuel to make home ownership more affordable.

People & News

Budget 2008

Very little in the budget and no change to the transfer duties. So what have the property people to say?

People & News

Lights go out

Up to 400 000 deeds might need to be rescanned as a result of "power instability".

People & News

Tips for Trevor – a response

Hugo Fyfer and Marcia du Pont respond to Simon Stockley's Tips for Trevor.

People & News

Mum on cost

The land affairs department has kept mum as to who would carry the cost of the recovery of the 335,000 title deeds lost by the Deeds Office in Pretoria.

People & News

Slowdown relieves

The slowdown in the property market is a relief for the Pretoria Deeds Office's bid to recover the 335,000 title deed images it lost.

People & News

PGP Outlook

Pam Golding Properties latest Residential Property Outlook newsletter.

People & News

Probe

Nedbank is investigating alleged irregularities over money collected from repossessed homes.

People & News

Special rate

The Black Conveyancers Association (BCA) has called for a special repo rate for home loans.

People & News

Letter of the month

MR Daniels writes that it is practically impossible to avoid incurring a penalty when cancelling a mortgage bond early.

People & News

Bleak house

The June Standard Bank Residential property gauge paints a bleak picture for South African residential property.

People & News

Huge bunch

Last week Routledge Modise, in association with Eversheds lodged a huge batch of 1325 linked deeds at the Pretoria deeds office.

People & News

Was it the biggest?

What was the biggest lodgment of deeds asks Harry Friedland.

People & News

Be Wary

Robert Krautkrämer feels vindicated for his earlier view on Stalwo v Wary.

People & News

Another appeal

Jeanne van Jaarsveldt a director of RE/MAX of Southern Africa has called for a review of home purchasing structural costs.

People & News

Comments on Appeal

A number of interesting comments were made regarding last week's Another Appeal.

People & News

Lowest growth

The recent Absa House Price Index has confirmed the slow down in house price growth.

People & News

Cleared

Six past and present directors of Durban law firm Meumann White have been cleared of touting allegations.

People & News

Absa shock

Absa Bank has decided to restrict the easy access homeowners have had to the equity in their homeloans.

People & News

Prize winner

Theo Miltiadous of Lowndes Dlamini & Associates won a laptop at the recent Executive Series Roadshow.

2007
People & News

New marriage law

Dr Willie Marais, president of the Institute of Estate Agents of South Africa (IEASA) has drawn agents' attention to the Civil Union Act.

People & News

Mortgage relationships

The Cape Law Society has formulated a general guideline for attorneys when contracting with mortgage originators.

People & News

NAREA

The agenda of the National Association for Real Estate Agencies (NAREA) includes a strong focus on pending legislation and proposed amendments.

People & News

Calm homeowners

The City of Cape Town valuations has moved to calm residents.

People & News

Property heading for meltdown?

No - it looks highly unlikely according to recent data.

People & News

Strike hits homebuyers

The public sector strike has halted the buying and selling of properties involving hundreds of thousands of rands by leaving the Cape Town Deeds Office with a skeleton staff

People & News

Strike burns

South Africa's property sector faces a total shutdown due to the continuing public servants strike and its impact on the country's deeds offices.

People & News

Terrible quarter

The NCA has apparently caused many home loans to be turned down since the beginning of June.

People & News

Value disputes

Some 37 000 properties for which Cape Town city received objections to the 2006 municipal valuations will be visited.

People & News

Thumbs up

Cabinet has approved the Integrated Coastal Management Bill for tabling in Parliament.

People & News

PLAN

It pays in the end to get a lawyer in the beginning.

People & News

Valuations hurt

SARS might levy transfer duty on "fair value" rather than the "declared value" of property if it is higher.

People & News

Meet the Registrar

The Mpumalanga Deeds Registry Office is to be opened soon. Meet the Registrar, his views and his project team.

People & News

Abuse

Some estate agencies in Johannesburg, Pretoria and Cape Town have been abusing their trust accounts.

People & News

Unfortunate claims

Thousands of real estate agents are being forced to work illegally due to the alleged incompetence and inefficiencies of the Estate Agency Affairs Board (EAAB).

People & News

Deeds office on street?

The deeds office in Johannesburg will be booted out of its 2 Rissik Street offices on 27 November.

People & News

Deeds to move

The deeds office in Johannesburg will relocate to Marble Towers in Pritchard Street this weekend, after being evicted.

People & News

ABSA Award

STBB Smith Tabata Buchanan Boyes is the best overall performer in the Western Cape.

People & News

Legal Services Charter adopted

Last Thursday, the Council of the Law Society of South Africa (LSSA) and its constituent members unanimously adopted the Legal Services Sector Charter.

2006
People & News

Banks can attach

The Appeal Court has ruled that banks may attach and sell homes to recover debts.

People & News

Absa discounts fees

Absa is offering its MyHome clients a 50% discount on conveyancing fees.

People & News

Cape Law Society news

The LSSA wants input for a meeting with the Chief Registrar of Deeds.

People & News

Saving homes

The Magistrates Court Amendment Bill, which protects the sale of homes of the poor, is to be fast tracked.

People & News

2006 Budget speech

A really big CGT and transfer duty bonus from Trevor Manuel to property buyers.

People & News

Call to scrap duty

Tax analysts call for scrapping of transfer duty on houses.

People & News

Relocation of offices

The offices of the Chief Registrar of Deeds, Registrar of Deeds and Surveyor-General are to be relocated.

People & News

Duty clampdown

SARS' transfer duty clampdown.

People & News

Land-use notices to go

Gauteng government is to dispense with land-use notices in newspapers.

People & News

Syndicates

Regulations on public property syndications that prescribe the minimum information that must be made available to investors in a disclosure document have been published.

People & News

Convey2010

Book your free one-hour presentation on where conveyancing is headed.

People & News

Housing barometer

Sixty percent of sellers are not realising their asking prices according to FNB's Residential Property Barometer.

People & News

Property upbeat

Property will continue to run well, but check the oil.

People & News

Legal services charter

A Legal Services Charter is to be launched soon to address "glaring" inequalities in the legal sector.

People & News

Clearance difficulties

A letter from Harry Friedland describing his difficulties in getting rates clearance certificates from the Municipality of Cape Town.

People & News

Public awareness

The Law Society of the Northern Provinces proposes to launch a publicity campaign to promote the role and importance of the attorney/conveyancer.

People & News

Feeding frenzy

Charlene Clayton investigates aspects of the mortgage origination industry.

People & News

Half the story

A rates clearance certificate does not necessarily mean a property is free of municipal debts.

People & News

Down to a crawl

South African house prices rose an annual 6.5 percent in June, the slowest pace of growth in almost three and-a-half years, according to Standard Bank Group.

People & News

Protecting consumers

The Housing Consumers Protection Measures Amendment Bill recently published with extensive amendments and of relevance to conveyancers.

People & News

Fixed rates

Reserve Bank governor Tito Mboweni has mooted the possibility of introducing a second fixed interest rate for home buyers.

People & News

Minister commits

Minister of Housing Lindiwe Sisulu has committed work to black conveyancers at first BCA AGM.

People & News

Land claims – document online

The controversial Toward the Framework for the Review of the Willing Buyer-Willing Seller Principle document is available online.

People & News

Edgars home loans

First National Bank (FNB) and Edgars Consolidated Stores (Edcon) are to offer home and personal loans to the retail group's customers.
 

People & News

Deeds office strike

Deeds examiners in deeds offices around the country will be going on strike on 7 November.

People & News

No strike

The planned countrywide deeds office strike has been averted.

People & News

Overdue investigation

A long overdue investigation into the laws governing the South African property industry is finally under way.

People & News

R86,000 bill

The city council let a Heathfield householder run up an R86,000 rates and municipal services bill, which it now insists that the property's new owner must pay.

People & News

Home loan Act

The Department of Housing has published draft Regulations in terms of Section 12 of the Home Loan and Mortgage Disclosure Act No. 63 of 2000, for public comment.

People & News

December letters to De Rebus

Two letters to De Rebus about conveyancing caught my eye this month.

People & News

Regulation board meeting

The annual Deeds Regulation Board meeting was held on 19 July 2006 in Pretoria.

2005
People & News

House price growth in 2005

Absa sees a house price growth of between 15% and 20% this year, after growth of over 30% last year.

People & News

Waterfront development on hold

The City of Cape Town has halted R1-billion in developments planned for the Waterfront because, it says, the V&A Waterfront Company is not following the correct approval procedures

People & News

Jhb "misleading" landlords

Has the City of Johannesburg deliberately misinterpreted a Constitutional Court ruling?

People & News

LEAD conveyancing course

An urgent letter from the KwaZulu-Natal Law Society about changes to the 2005 LEAD conveyancing course.

People & News

Property boom boosts revenue

The property boom boosted government revenue last year and banks increased their mortgage lending by 23 percent.

People & News

Mayor knew

The mayor of Cape Town, Nomaindia Mfeketo, has admitted she knew of the City of Cape Town's out-of-hand sale of plots in the sought-after new Big Bay development to prominent figures close to the ANC.

People & News

New Transfer Duty Declarations

The GhostConvey Product Management team recently attended a workshop at the SARS Head Office in Pretoria to discuss the implementation of the new Transfer Duty and VAT 249 declarations.

People & News

Illegal house sales

Poorer areas in Cape Town are experiencing a boom in illegal house sales.

People & News

Development rejected

The Department of Agriculture and Environmental Affairs (DAEA) has turned down an application for a luxury estate development in the Dargle valley.

People & News

2005 Budget speech

In his 2005 budget speech on 23 February, the Minister of Finance, Trevor Manuel, raised the transfer duty exemption threshold, thereby slightly lowering transfer duty.

People & News

No property bubble

Views on the effect of the budget on property.

People & News

Developers flout law

Companies and developers who flout environmental regulations face a R5m fine or 10 years in jail, according to the amended National Environment Management Act.

People & News

Developers up in arms

SARS has allegedly refused to grant transfer duty receipts to property buyers whose tax affairs were not in order.

People & News

Home loans net widens

Housing Minister Lindiwe Sisulu and the Banking Association of SA are expected to sign an agreement today to spread the home loans net.

People & News

House price growth relaxes

According to Absa's House Price Index, house price growth continues to decline with March recording a nominal year-on-year growth of 26% as opposed to last year's highs of 35%.

People & News

Breathing space for foreigners

Land and Agriculture Minister Thoko Didiza told Business Times that she does not plan to limit non-citizens' property rights.

People & News

Tshwane name change

Recent press reports about the proposed change of name from Pretoria to Tshwane have caused confusion.

People & News

Regulation of estate agents

The government may review the regulatory framework governing estate agents.

People & News

Black conveyancers association

According to De Rebus, a black conveyancers association is to be launched in Cape Town.

People & News

Corrupt lawyers

Watchdogs have begun to bare their teeth against lawyers who "buy" lucrative conveyancing work.

People & News

W32.Sober.P

W32.Sober.P and its variants were responsible for the glut of unwanted German e-mails which greeted employees on Monday morning.

People & News

Unlikely to succeed

A clampdown by the Law Society of SA on conveyancers paying commissions to estate agents is unlikely to succeed. The practice is simply too widespread, say agents.

People & News

SARS e-Filing update

A short overview of the current SARS e-Filing situation in an attempt to provide some clarity.

People & News

Swindlers

Be aware of fraudsters promising land and homes to would-be homeowners, taking deposits and then disappearing with this money.

People & News

Market backbone

More than 160 000 black economically mobile buyers are now able to afford a median priced house of R435 000.

People & News

SA lawyers help Mugabe

Cape Town attorneys are testifying in the trial of a politician accused of violating Zimbabwe's exchange controls.

People & News

Property gauge

Standard Bank's most recent Residential property gauge has been published, and it makes interesting reading.

People & News

Property Charter

The South African property industry intends to achieve a 25% BEE target within five years.

People & News

BCA's ambitious agenda

The Black Conveyancers Association (BCA) which was launched in May has an 'onerous mandate' to achieve a number of objectives.

People & News

Drop in W Cape showhouse attendances

The drop in show house attendance in parts of the Western Cape by as much as 70 percent is being seen essentially as a stalemate between buyers and sellers.

People & News

Land tax bills

Property owners must take on municipalities that bill them for land tax without complying with the provisions of the new Municipal Property Rates Act.

People & News

Hitting out

The Institute of Estate Agents of SA has lashed out at the "inconsistent treatment" it has received from the competition authorities compared with the SA Property Owners' Association (Sapoa).

People & News

Commission retaliates

The competition commission is evaluating information it requested from Sapoato determine if the association contravened the Competition Act.

People & News

Deeds Office closure

The Pretoria Deeds Office is set to close for three weeks during December while it moves offices, causing delays.

People & News

Still no property bubble

According to Absa, the South African residential property market is not experiencing general bubble conditions yet.

People & News

Foreign property ownership

The panel investigating land ownership and its use by foreigners has recommended immediate interim measures.

People & News

Strict and orderly

Mr Kessy Pillay, the Registrar of Deeds in Cape Town, puts a number of impressions about the deeds office into the correct perspective.

People & News

Levy collection competency

The Nelson Mandela Bay municipality's competency to collect regional services levies is being challenged.

People & News

Changing the face

The Igqwetha Training Academy continues to change the face of conveyancing training.

People & News

View war

High court rejects call by two owners to prevent family from building three-storey house overlooking gorge.

People & News

Dodgy deals

Several members of the EAAB have admitted to being involved in financial irregularities and are in the process of repaying money to the board.

People & News

Windeed on the air

Steven Lang recently reviewed Windeed in his Cybersurf insert on SAFM's AM Live show.

People & News

Awry transfer

A pensioner has lost R50,000 after paying it to a bogus conveyancing attorney.

People & News

Trevor scores R8 billion

The property market has become the goose that lays the golden egg for the government.

People & News

Deeds Office moving

The Deeds Office is going to move, M J Ferreira of the Law Society of the Northern Provinces tells us more.

2004
People & News

Neighbours in court over view

A businessman has sought an order preventing a neighbour from building a house in Plettenberg Bay because it obstructs the view from his family's holiday home.

People & News

Conveyancing exam syllabus

The conveyancing examination syllabus for 2004 was revised by the Law Society in October last year.

People & News

Bond Choice records 300% growth

Mortgage bond origination company Bond Choice recorded a 300 percent increase in approved home loans between January and November last year, making it the fastest growing business of its kind in the country.

People & News

Letters regarding conveyancing

Two letters which concern conveyancing issues appear in this month's De Rebus.

People & News

Mortgage defaulters win victory

Defaulting homeowners have won a major victory against banks that sell homeowners' properties at a profit and then fail to credit their accounts.

People & News

Challenge to debt collection law

The Transfer Rights Action Campaign is disputing the application of section 118 of the Municipal Systems Act and sections of the local government ordinance.

People & News

"Red lining" and home loans

The housing department has established an office of disclosure to which banks will have to provide information about their home loan and mortgage lending.

People & News

Up against the wall

In a court approved-settlement, renovations to an Edwardian townhouse in Three Anchor Bay in Cape Town have been stopped.

People & News

Transfer duty: Draft interpretation note

SARS has issued a Draft Interpretation Note to consider the provisions of sections 9(1)(c) and 9(1A) of the Transfer Duty Act.

People & News

Categories again?

Questions about race and nationality will again appear on title deeds.

People & News

Conveyancing exam course

Allen West will be presenting a course on preparing for the conveyancing exam at the Tshwane University of Technology(TUT).

People & News

Price fixing

The Competition Commission has fined the Hospital Association of SA R4,5m for contravening the Competition Act in 2001-02.

People & News

By-law fears

Estate agents and rent collection organisations have described as "ridiculous" a Mandela metro municipal by-law which they say will discourage investors in the property market.

People & News

Property Rates Bill

The Property Rates Bill passed its first hurdle yesterday when it was approved by Parliament's provincial and local government committee.

People & News

Stamp duty to go - 2004 Budget speech

In his 2004 budget speech on 18 February, the Minister of Finance, Trevor Manuel, removed stamp duty on mortgage bonds.

People & News

SARS directive

SARS has issued a directive confirming that no stamp duty will be levied on mortgage bonds registered on or after 1 March 2004.

People & News

ABSA and Sanlam in joint venture

Sanlam and ABSA have together formed a new home loans company - Sanlam Home Loans.

People & News

GhostConvey training - Johannesburg

Refresher courses and training workshops for GhostConvey are held regularly in Johannesburg.

People & News

No delay for Rates Bill

The passage of the controversial Property Rates Bill will not be delayed. And Sydney Mufamadi defends it.

People & News

L.E.A.D Course

The Law Society of South Africa through its Legal Education and Development (L.E.A.D) programme is offering correspondence courses in conveyancing and notarial practice.

People & News

Property registration is not simple

In Registration of property not that simple, on BusinessDay, Sanchia Temkin laments the lack of understanding the public has of the conveyancer's role.

People & News

KZN housing department to pay

The SCA has ordered KwaZulu-Natal's housing MEC to pay R14m in outstanding rates and taxes.

People & News

Rates Increase fears

The Municipal Property Rates Bill is to be enacted soon to allow municipalities to implement the system in time for their financial year, starting July 1.

People & News

Letters in De Rebus

Three letters of interest to conveyancers appeared in this month's (April 2004) De Rebus.

People & News

Transformation charter

The legal profession hopes to have its own transformation charter in place by the end of the year according to BusinessDay.

People & News

Banks/Comcorp merger prohibited

The Competition Commission has prohibited a proposed merger between Absa, FirstRand Bank, Nedbank, Standard Bank and Comcorp Online (Pty) Ltd.

People & News

Bullish on homeloans

First National Bank has reported excellent new homeloan business volumes for the first quarter.

People & News

Contributions wanted!

The GhostDigest has been publishing conveyancing and property news for just over a year and it is read by thousands of people.

People & News

View, what view?

A KwaZulu-Natal couple is prepared to go to court to stop developers constructing a six-storey building in front of Shelly Beach lodge on the South Coast.

People & News

SA's house-price growth

The South African residential property market has outperformed that of first-world countries.

People & News

Transactional billing introduced

GhostWare clients can now disburse software costs to their end clients.

People & News

Vegetables for a house?!!

The constitutionality of sections of the Magistrates Court Act dealing with the sale in execution of property to settle relatively small debts was debated in the Constitutional Court on 11 May.

People & News

Estate agents needed

Yet more than 43 000 estate agents in over 11 000 firms are registered with the Estate Agency Affairs Board.

People & News

Standard Snapping

A report by Barnard Jacobs Mellet banks analyst David Kinsey shows Standard Bank rapidly gaining market share in the retail mortgage market.

People & News

Value of bonds per bank

Table showing who gets what

People & News

Sars to hike stamp duty

Sars recently noted that long-term leases are being used to avoid paying transfer duties. To prevent this practice, stamp duty on long-term leases will be raised.

People & News

Cape Town rates ruling

The Cape High Court has ruled that Cape Town's rates are unconstitutional - but that ratepayers have to go on paying them anyway, according to a report on the News24 site.

People & News

Oudekraal

The Appeal Court recently ruled (28 May) that the owner of Oudekraal, next to Camps Bay, may not turn the ecologically sensitive land into a residential township.

People & News

Attorneys to rewrite exam

The results of the national conveyancing exam written on May 12 have been declared null and void by the Law Society of South Africa (LSSA).

People & News

Fica seminar

L.E.A.D (Legal Education And Development) is holding a series of seminars on Fica requirements.

People & News

Bogus estate agents

e-TV's exposé of bogus estate agents has brought a serious message home to consumers about the need to check agents' credentials.

People & News

View legislation stymied

eThekwini Municipality has had to rethink its attempts to introduce a new regulation that requires people who are constructing buildings higher than one storey to consult all neighbours.

People & News

Your personal details for sale

The Post Office plans to sell your personal details to private companies for millions.

People & News

Lawyers contest exam rewrite

A group of 16 lawyers from the Cape Law Society is contesting the decision by the Law Society of South Africa to nullify the recent conveyancing exam results.

People & News

Pressure on margins

South Africa's banks earn some of the highest margins on home loan lending in the world.

People & News

Igqwetha Training Academy

Buchanan Boyes Smith Tabata has launched their associated training academy, Igqwetha Training Academy [ITA].

People & News

Dispute spreads

The dispute between lawyers and the Law Society of South Africa (LSSA) over the cancelled conveyancing exam has spread countrywide.

People & News

Rates clearance certificates

Sapoa (South African Property Owner Association) has been holding discussions with the Johannesburg Treasury Department in an effort to improve the rates clearance certificate situation.

People & News

Pay or lose

Errant Pietermaritzburg home owners could find themselves homeless since the municipality has obtained a high court order permitting it to sell 7 000 properties without consulting the owners.

People & News

Absa house price index

Despite the meteoric rise in house prices, the market appears to have lost some momentum since the beginning of 2004.

People & News

Attorneys must rewrite

On Monday the Pretoria High Court ruled in favour of the LSSA's decision to nullify the results of the leaked conveyancing exam.

People & News

Home loan applications up 40%

Home loan applications have risen by 40 percent in the first six months of this year.

People & News

Redesign "slow" deeds registration

A hard-hitting letter to De Rebus from Graham Paddock.

People & News

Recommended tariffs dropped

The Institute of Estate Agents has stopped publishing recommended tariffs of professional fees and commissions, according to Sapoa.

People & News

Wiring certificate shock

A showdown is looming after the announcement of plans to abolish electrical compliance certificates.

People & News

Repossession solution

An innovative solution for the growing problem of repossessions by banks has been proposed by Minister of Housing Lindiwe Sisulu.

People & News

Agent hype leads to mispricing

Estate agents are overvaluing properties to secure sole mandates, which is leading to increasing numbers of homes sitting on the market for longer than they should, with many confused and disgruntled sellers.

People & News

Rates nightmare

Municipalities throughout the country face a property nightmare - they have to trace hundreds of thousands of people who own flats and bill them individually for rates.

People & News

Sweeping changes proposed

The Estate Agency Affairs Board is negotiating with the Competition Commission and the Department of Trade and Industry to re-introduce compulsory board examinations.

People & News

View battle ends

Two women will have to fork out more than R70 000 to keep their sea view after taking their "double-storey" neighbours to court.

People & News

Attorneys estate to be liquidated

ABSA Bank has approached the Cape High Court to have the estate of Athlone attorney Mohamed Rafiq Koorowlay sequestrated after he allegedly misappropriated R5 million in trust funds.

People & News

Roodefontein corruption

Property developers must adhere to the correct procedures in applying for provincial approval.

People & News

Answers wanted

Both the DA and Sapoa want answers to the government's plans to build low-income homes and flats near wealthy suburbs.

People & News

Billings chaos

Infuriated property sellers now face paying five months in advance for rates and for estimated water and electricity use before local authorities can issue a clearance certificate.

People & News

Pavilion row

A century-old title deed restriction on the public open space on the Sea Point beachfront could ultimately save the land from all future development.

People & News

Launch a career in conveyancing

The Igqwetha Training Academy [ITA] is again running its ITA Para-Legal Course in Conveyancing [Level 1] and applications are welcome.

People & News

Suburban booms

Boom gates and road closures blocking public roads infringe people's constitutional rights.

People & News

El Dorado loses its allure

A multi-million cluster complex in the upmarket northern suburb of Weltevreden Park lies in ruins.

People & News

Moss Morris

Law firm Moss Morris has closed after 100 years.

People & News

Buoyant house prices

According to a report released on Tuesday by Standard Bank, the residential property market is still buoyant.

People & News

Landlords lose battle

Landlords are responsible if municipal services provided to their tenants are not paid for, the Constitutional Court ruled on Wednesday.

People & News

R900 million rates bill

Johannesburg ratepayers are becoming accustomed to the unpredictability of the city's accounting department.

People & News

Average not R1.2 million

Absa's reformulation of its definition of "middle market" homes and its lifting of the upper price parameter for properties in this category to R2,2-million have caused excitement.

People & News

Sale must be justifiable

The Constitutional Court has ruled that courts shall in future determine whether the sale in execution of houses to settle debt is justifiable.

People & News

New property tax

A new draft law aimed at property deals involving foreigners could hit buyers' pockets - hard.

People & News

Penalty for estate agents

The Institute of Estate Agents of South Africa (IEASA) is to be prosecuted for contravening the Competition Act.

People & News

Man claims he owns M4 land

A Stellenbosch businessman made the startling claim that he owns the land on which the coastal road between Durban and KwaDukuza is built.

People & News

Hijacked buildings

Criminals in Johannesburg's inner city have realised that it's very lucrative to hijack entire buildings and to take over the monthly rental stream.

People & News

Proposed crackdown

Attorneys and property regulators plan to crack down on lucrative deals in which conveyancers "buy" conveyancing work from estate agents.

People & News

Letters to De Rebus

Two letters of interest to conveyancers in the November De Rebus.

People & News

Bill Rawson interview

A transcript of a lively interview with Bill Rawson of the Estate Agency Affairs Board on Moneyweb.

People & News

Graduation ceremony

Igqwetha Training Academy ("ITA"), held a graduation ceremony for its first group of 12 students on 18 November.

People & News

Threatened homes

A Newlands man has started a website to name and shame greedy developers and architects responsible for offensive structures.

People & News

Land draft policy penalises

When the City of Cape Town sells off unwanted council property, previously disadvantaged people will pay much less than white males, according to a new draft policy.

People & News

KZNLS talks tough

The KwaZulu-Natal Law Society (KZNLS) recently adopted a motion calling for attorneys to sign affidavits stating that they do not "buy work".

People & News

Proposed levy

The Western Cape, eager to generate development funds, is to investigate the viability of introducing hospitality and commercial property development levies.

2003
People & News

Launch of GhostMortgage

The Ghost suite of packages has grown! GhostConvey, the popular conveyancing package, now has an added mortgage origination feature - GhostMortgage.

People & News

News from Homenet

Homenet, South Africa's biggest estate agent group has entered into a mortgage origination agreement with Bond Choice, a mortgage originator.

People & News

Transfer Duty Changes - 2003 Budget Speech

In his 2003 budget speech on 26 February, the Minister of Finance, Trevor Manuel, lowered the transfer duty on fixed property sales to natural persons. These new rates came into effect on 1 March 2003. Companies, Close Corporations and Trusts etc have not benefited and will still attract transfer duty at the rate of 10% of the price.

People & News

Do not change deals to skip tax

It is illegal to try to change property sale dates to take advantage of the reduction in transfer duty.

People & News

GhostMortgage increases fee income

Korbitec introduced GhostMortgage to their 'Ghost' suite of products for conveyancers in February 2003. The new software is built into their industry-leading GhostConvey software, and the new module is supplied free to clients.

People & News

GhostDeed now has credit search facility

With the release of GhostDeed v3, TransUnion ITC (formerly ITC) has combined with Korbitec to add functionality that allows the user to perform credit searches in their vast database.

People & News

The enemy within

Link to a letter entitled The enemy within in the April 2003 De Rebus from Daan Steenkamp. He suggests that perhaps it is time to accept that the historical reasons for the provision of fee sharing are in retreat and that the removal or relaxation thereof could well rejuvenate legal practices.

People & News

Mortgage bonds - judgment

According to the report Banks lose out to cities in the Financial Mail (18 April), a surprise court judgment has deprived banks of mortgage security over their properties.

People & News

Draft Property Rates Bill

The period for Public comment on the draft Local Government Property Rates Bill has ended. The draft bill - GN 850 GG24589/18-3-2003 - is worth considering since on enactment it will empower each municipality to formulate its own rates policy, thereby boosting municipal revenues and establishing a uniform rating method in South Africa.

People & News

Property Rates bill criticism - from farmers

The proposed Property Rates Bill will reduce agricultural land values and ultimately threaten food security in SA and the region, according to the Business Day of 16 May.

People & News

Property Rates bill criticism - general

The provision in the Property Rates Bill that bases municipal rates across the country on the improved value of properties amounts to a partial expropriation of a portion of the value of a property's improvements, according to the Business Day of 15 May.

People & News

Bond market statistics for 2002

According to the latest Reserve Bank Quarterly Bulletin, of the R123 billion worth of new mortgage loans and advances granted by the banks last year, R86,7 billion were to fund the purchase of 'dwellings and flats'.

People & News

Deeds Registries Amendment Act

The Deeds Registries Amendment Act 9 of 2003 has been published and came into operation on 30 April.

People & News

Rates Bill jitters

Homeowners, estate agents and the agricultural and communal land sectors have raised fears about the Property Rates Bill. These fears may be unfounded, according to Yunus Carrim, chairman of Parliament's Provincial and Local Government Committee.

People & News

Home loan giant

A merger between the PA Groups' mortgage origination subsidiary, PA Homeloans, and mortgage originator BetterBond is on the cards.

People & News

Access to information about home loans

According to a report on News24, the right of ordinary citizens to have access to information about their home loans will soon be tested in court.

People & News

FNB Homeloans tops

First National Bank HomeLoans (FSR) has been rated the top provider of home loans in the recently released PriceWaterhouseCoopers Annual Survey of South African Banks for 2003.

People & News

Nedbank's reasons for bond refusal application

Following last week's report on the first court application against a bank since the Promotion of Access to Information Act 2 of 2000 became law, we look at the reasons given by Nedbank for refusing access to the information.

People & News

New Estate Agent Affairs Board appointed

The Minister of Trade and Industry, Alec Erwin, has announced the appointment of the new Estate Agent Affairs Board, the composition of which is intended to reflect the concerns and interests of all South Africans.

People & News

Johannesburg Attorneys Association website

South Africa's largest attorneys association, the Johannesburg Attorneys Association has revamped its website. The site provides users with inter alia news, notice of upcoming events and information about RAF matters.

People & News

Ruling undermines billions in home loans

A judgment relating to sectional title schemes could undermine the quality of about R70bn worth of bank loans for the purchase of flats and townhouses, according to an article entitled Out of pocket in the July 11 edition of the Financial Mail.

People & News

Fees issue

The consent order negotiated by the Competition Commission with the Pretoria Association of Attorneys in respect of its issuing of recommended fees has been confirmed by the Competition Tribunal, reports News24.

People & News

Trust beneficiaries take SARS to court

A group of concerned taxpayers is taking the SA Revenue Service (SARS) to court over its attempt to collect transfer duty from trusts that own property to which beneficiaries have rights, according to a report in Personal Finance.

People & News

Housing Bill delayed

The Community Reinvestment (Housing) Bill, which will monitor the way in which banks grant housing loans to the poor, has been delayed, according to News24.

People & News

Fica costs

The raft of new anti money-laundering legislation has put a heavy financial burden on "accountable institutions", writes Stuart Theobald in Cost of Compliance, in the 15 August issue of the Financial Mail.

People & News

Mortgage Originator guidelines

The Cape Law Society Committee has formulated a general guideline for attorneys when contracting with mortgage originators. In principle there can be no objection to such contracts.

People & News

Sars changes Vat ruling

Sars has admitted that its new ruling - 386 - is a mistake, and it will be re-worded.

People & News

Competition Commission

The Law Society of South Africa (LSSA) has initiated a consultation process with the Competition Commission on issues affecting the attorney's profession, reports De Rebus.

People & News

FICA fees

The Property Law Standing Committee of the Law Societies of South Africa met on Thursday 4 September and amongst other things discussed the Financial Intelligence Centre Act.

People & News

Tax and "unnamed nominees"

In this article Patrick Maybin discusses the application of Section 16 of the Transfer Duty Act to artificial transactions using "unnamed nominees".

People & News

Conveyancing problems in Johannesburg

An open letter written on behalf of the Property Law Sub Committee of the Johannesburg Attorneys Association to the City Manager about the problems being faced by conveyancers in Johannesburg.

People & News

Deeds Registries Act amendment

In terms of Government Notice GNR 1224/GG 25370/29-08-2003 of the 29 August, Regulations 18, 68 and 73 of the Deeds Registries Act 47 of 1937 are to be amended and two new forms inserted.

People & News

ABSA valuers have a new system

Absa Bank has introduced a new automated valuation process using a computerised statistical valuation model that will speed up loan applications and increase productivity.

People & News

A room with a view

A full bench of the Supreme Court of Appeal has found that a house's view forms an integral part of its value.

People & News

Transfer-duty avoidance schemes targeted

The South African Revenue Service is going to take legal action against individuals who registered residential property in trusts, close corporations and companies to avoid paying transfer duty.

People & News

Double transfer duty concerns

According to a report on the Rode site, a recent SARS directive which prevents the use of unnamed nominees in purchasing property is causing confusion among estate agents and lawyers.

People & News

Clearance Certificates and the Constitution

The South Eastern Cape division of the High Court has declared section 118(1) of the Municipal Systems Act 32 of 2000 unconstitutional.

People & News

Jack Trevena

The vibrant property market and the growth of the mortgage origination industry have persuaded Jack Trevena, General manager of Nedbank Homeloans, to start his own mortgage origination company.

People & News

2004 Admission, conveyancing and notarial examinations

Relevant dates and details have just been published in the latest - November - edition of De Rebus in the News section.

People & News

Building owners to celebrate?

The article Building owners off the hook on Finance24, 20 October, reports on the response of the law society of the northern provinces and the Law Society of South Africa to the Mkontwana decision.

People & News

Revenue Laws Amendment Bill

Trevor Manuel, the Minister of Finance has tabled the Revenue Laws Amendment Bill.

People & News

The room has the view

The Constitutional Court has refused an application by the eThekwini municipality for leave to appeal the controversial "Home with a view" ruling by the Supreme Court of Appeal.

People & News

Absa House Price Index

The latest figures published by ABSA last month suggest that despite a levelling off, the residential property market is expected to perform relatively well for the next twelve months.

People & News

Clearance crisis

The City of Cape Town's inability to keep up with rates clearances has become such a problem for the property industry that the Cape Law Society has stepped in to demand a speedy resolution.

People & News

Clearing of clearance backlog

The City of Cape Town will have cleared its rates clearance backlog by the end of this month, according to Alderman Maatje Malan, the city's mayoral committee member responsible for finance.

People & News

Views on views

Developers are apparently getting ready to fight back after the judgement of Gregory J Paola v Jaivadan Jeeva NO & Others which protects an owner's view.