The distinction between the two concepts is as follows : A notarial tie of two or more properties is an agreement concluded with a third party, typically a local authority, not to dispose of any of the properties that are the subject of the agreement without that third party’s consent. The agreement is signed by […]
NOTARIAL TIES AND THE CONSOLIDATION OF PROPERTIES Read More »
A sectional title scheme has two components: sections and common property. Sections are owned by one or more persons. Common property is that part of a scheme that does not consist of sections but is owned by all the owners of the sections in undivided shares determined in accordance with each owner’s participation quota. Common
MAINTENANCE OF EXCLUSIVE USE AREAS IN A SECTIONAL TITLE SCHEME Read More »
SIGNATURE OF DOCUMENTS Despite the increasing popularity of electronic signatures, certain documents still require signatures in the old-fashioned way (ie by wet ink) to ensure their compliance with the relevant statutory law. These are: 1. Agreements for the disposal of land (The Alienation of Land Act, 1981) 2. Wills (The Wills Act, 1953) 3. Cheques(!),
Understanding the circumstances under which a lease can be terminated is crucial for landlords and tenants. Whether the lease is for a fixed term or month-to-month, various factors come into play when considering early termination. A tenant may cancel a lease in the following situations: 1. If the lease is for a fixed term and
CANCELLATION OF A LEASE BY A TENANT Read More »
Effective from February 2022, the Property Practitioners Act is the successor to the Estate Agency Affairs Act 1976 which has been repealed. The Estate Agency Affairs Board has been replaced by the Property Practitioners Regulatory Authority. What are the effects and applications? It applies to immovable property generally, i.e. to both residential and commercial property
The Property Practitioners Act is now in effect – what does this mean? Read More »
