Who pays for what?
You have finally found your forever home or perfect investment property, put pen to paper and signed your Offer to Purchase. Over and above the purchase price, the next question for any Purchaser is: “What am I responsible for paying for?” In South Africa, it is the Seller who gets to nominate and appoint the […]
Notarial lease agreements
Lease agreements are contracts entered into between a lessor and a lessee for a specified period of time, allowing a lessee to occupy and enjoy the property for that aforementioned period. Most lease agreements have renewal periods after one year and they do not need to be registered at the Deeds Office. A notarial lease […]
Understanding notarial tie agreements
A Notarial Tie Agreement is a notarial deed entered into by two or more parties, in terms of which a condition is registered against the title deeds of the relevant properties, which condition provides that the properties cannot be “separately sold, leased, alienated or otherwise disposed of”. This means that the properties will be treated […]