Selling Advice

Constantly evolving regulations, a fluctuating market, ever-changing neighbourhoods… the property market is a constantly-moving industry that requires expert insight and knowledge. Private Property provides the latest news and advice on everything property related for all sides of the spectrum. In our one-stop Property Advice portal, you can find:

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Know your tenants’ rights before you evict them
Property Advice

Know your tenants’ rights before you evict them

So your tenant has decided that he can’t afford the rent on the property you own. In the good old days this dilemma was easily dealt with and in some cases simply changing the locks solved the problem

News

Trust Accounts - Protection, Safekeeping and Certainty

Trust accounts by definition are bank accounts specially designated to hold funds that belong to others. Real estate agents and attorneys are required to maintain separate trust accounts for client money and for escrowed funds. ...

Property Advice

Protection For property buyers

With the new Consumer Protection Act (CPA) now in effect, property professionals will be forced to look at the way they do business and how certain procedures affect both them and their clients. 

Property Advice

Choose the right agent if you are serious about property

The US National Association of Realtors (NAR) compiled a document detailing all the tasks that real estate professionals must complete to close a single deal.

News

Pricing is key to selling success

According to a recent FNB Estate Agent Survey, the average time properties remain on the market is around 15 weeks and 4 days - a reflection of unrealistic pricing.

Property Advice

SECTIONAL TITLE TRUSTEES: DO NOT LET THE FACT THAT YOU HAVE VOLUNTEERED LEAD YOU TO THINK THAT YOU CAN AVOID RESPONSIBILITIES

The Sectional Titles Act recognises that the trustees of sectional title bodies corporate, unlike the directors of independent companies, are unpaid volunteers and may lack the full experience required for their positions.  For ...

Property Advice

LONG TERM, REALISTIC BUDGETING ESSENTIAL ON SECTIONAL TITLE SCHEMES, SAYS MICHAEL BAUER

One of the proven successes at the property management company, IHFM, said its general manager, Michael Bauer, recently has been the implementation of two to five year budgets for maintenance and repairs. “These days,” said ...

Property Advice

SECTIONAL TITLE AMENDMENT ACT WILL CLARIFY WINDOW ISSUE

The maintenance of windows in sectional title schemes (especially those that are near the sea and prone to rust) has long been a contentious issue.  Whether they are the responsibility of the unit owner or the body corporate has ...

Property Advice

PREPAID METERS FOR ELECTRICITY AND WATER BEST FOR SECTIONAL TITLE SCHEMES

Members of sectional title schemes who are charged for water and electricity in relation to the floor size (which is done through participation quota) of their units have for some time complained regularly that this method of ...