Capacity of Associations to Acquire Immovable Property

Capacity of Associations to Acquire Immovable Property

Capacity of Associations to Acquire Immovable Property If an association is not a universitas, then immovable property cannot at common law be registered in its name as such, for it is not a juristic or artificial person. The tests to be applied to establish whether...
Compliance Certificates for the Transfer of Land

Compliance Certificates for the Transfer of Land

Compliance Certificates for the Transfer of Land For the transfer of immovable property, a number of certificates of compliance are needed. Some of them (electrical certificates, electrical fence certificates) are required under national regulations; some (water...
Dysfunctional Bodies Corporate

Dysfunctional Bodies Corporate

Dysfunctional Bodies Corporate It often occurs in practice that when a conveyancer is instructed to transfer a sectional title unit, it is discovered that the body corporate has never been established or that the body corporate is dysfunctional. From the outset it...
Transfer duty or VAT? That is the question!

Transfer duty or VAT? That is the question!

Transfer duty or VAT? That is the question! Transfer Duty or VAT, whichever is applicable, is payable on transfer of fixed property in South Africa and is calculated on the purchase price of the property. A transaction cannot be subject to both VAT and Transfer Duty;...
Notes on Intestate Succession

Notes on Intestate Succession

Notes on Intestate Succession 1. Aim of the Act The Intestate Succession Act, 81 of 1987, came into operation on 18 March 1988. The aim of this Act is to regulate anew the law relating to intestate succession of persons who died from 18 March 1988. Intestate...