Three weeks before my grandmother passing I was sitting on the bed with her when she said…”My boy, always make sure that you create exceptional memories when you are young, because when you are as old as I am you find yourself constantly living in the past…” It is with these wise words in mind…

Transferring your property to a Trust? A Usufruct could solve the headache of Transfer Duty In the event that a person needs to transfer a property to his or her Trust, the transaction will draw Transfer Duty – a costly exercise. Because in effect the owner will be selling the property to the Trust. However,…

By Nadine Lombard Section 31 Contracts and Options – Housing Estates, Sectional Title Developments, Township Development in the Tshwane Municipality When it comes to land use management there are some dates landowners and developers need to be aware of, not to mention how to comply with the extremely important SPLUMA regulations in the Tshwane area….

By Nadine Lombard The regulations for land use rights according to SPLUMA, The Spatial Planning and Land Use Management Act, No.16 of 2013, have been in effect since July 2015. Here at Bert Smith Inc. we have a full understanding of the application of SPLUMA and can assist property owners and developers to comply with…

The Toyota Kalahari Botswana 1000 Desert Race (TDR 1000) in Botswana is a gruelling and ruthless event. But it rewarded the winners in the fourth round of the 2017 SA Cross Country Championship for Motorcycles and Quads that took place over the last of three days of racing with another victory and lots of valuable…

Bert Smith All Stars Off Road Racing team is proud to have Real Net as one of its respected sponsors for the 2017 Off Road racing season. It gives us great pleasure to introduce you to the pilots who will be competing in the prestigious 2017 Botswana 1000 race, Botswana’s biggest sporting and social event…

Part 2: When does the CPA apply? In the case of the sale of a home or a holiday home, the contract is between the seller and the buyer, which is governed by common law. So what is the risk for the estate agent? In Part 1 we discussed the application of common law in…

Part 1: When does Common Law apply? Under the Consumer Protection Act (CPA) 68 of 2008, consumers have the right to fair value, good quality and safety. So how does this apply to property transactions? Estate agents need to understand both how common law applies to certain property transactions and under which circumstances the CPA…

The answer is YES, unless you are a developer, investor or speculator. Our common law position is that a seller is liable to a purchaser for all latent defects in the property sold for a period of three years, after the discovery of the defects. Latent defects refer to defects which exist in hidden or…

Embrace Change? The property market has changed and will continue to do so for some time to come. Our capacity to adapt to these changes, will determine the measure of our successes going forward. Elements that contribute to this market shift: Slowdown in property sales, due to market pressures. Purchasers find it difficult to access…

© 2016 Bert Smith Incorporated

logo-footer