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In his 2020 State of the Nation Address (SONA) the President said that government is ready to table the Expropriation Amendment Bill that will legalize expropriation without compensation (EWC). Many concerns remain – a key one is if banks will hold expropriated owners responsible for settling the outstanding mortgage debt.
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How electronic deeds registration will work The Electronic Deeds Registration Systems Act (EDRSA) was signed into law on 2 October 2019. What is the current status quo and how does this Act impact the homeowner? Maryna Botha, director with legal firm STBB Cape Town explains.
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Speakers Corner The EAAB says from 1 April black estate agents may apply for exemption on fees and time limits to meet regulatory educational requirements. Termed everything from reverse racism and a great injustice to black agents to a sensible way to make the industry more accessible to less fortunate individuals from previously disadvantaged (PDI) backgrounds, this plan has the industry talking.
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Young professionals are changing the housing market Signing up for a bond and making a purchase on a sizable house in the suburbs is no longer considered an entry into adulthood. As young professionals migrate to urban hubs and city centres, many of these millennials are choosing to live a simpler life.
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Swindon in new association with Savills and PGP South African commercial and industrial real estate organisation, Swindon Property, has cemented its position in the growing commercial client services market through an exclusive strategic alliance with Pam Golding Properties and global real estate services firm, Savills.
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