Both the seller and the buyer have certain responsibilities and obligations that they need to address during a property transaction before the property can change ownership. And both parties should prepare financially before they either selling or buying a property because there are extra costs, legally and otherwise, on both sides. The buyer is responsible…
By law, the seller must provide the buyer with an electrical compliance certificate that covers the permanent electrical installation – this means everything from where the Eskom cables join the property up to the point where the cables end at the appliances (plug point, light fitting and the permanent connection at a stove, pool pump,…
Do not sign the sale agreement until you have had a home inspector take a look at the problem as well as inspect the rest of the property. You will be required to pay the inspector but it is a worthwhile cost as it may save you hundreds of thousands of Rands later on. If…
