I4. The Property It is essential, likewise, to describe the property sold correctly. Negligence here can lead you to sell the next-door neighbour’s property, a non-existent property, a portion of a whole erf, or only a part share in a property. Once again, the deeds access system is a crucial source of information to establish the actual property being sold. In the case of Sectional Title...
The Homeowners Association (HOC) With security a factor that is influencing home-buying decisions in South Africa, many buyers are choosing to purchase homes within boomed-off areas or secure lifestyle estates. Unlike a body corporate which manages a sectional title development, in a homeowners' association, each member owns the house and the erf or plot on which the home is situated. Usually...
What is the role of the body corporate? When it comes to sectional title schemes, there is still widespread misunderstanding of even the basics, starting with the body corporate and how it is established, as well as what its functions and powers are. This misunderstanding often gives rise to many problems and disputes in sectional title schemes that could quite easily have been...