Property Rates Relief following damage caused by recent unrest

Property owners who have suffered damage, as a result of the recent unrest, will no doubt be lodging insurance claims for compensation, with SASRIA. Such owners should also carefully consider opportunities which exist to reduce liability for property rates and obtain some financial reprieve.

02 Aug 2021

Be Careful when Contracting with a Trust

A recent Supreme Court of Appeal (SCA) judgment has again raised warnings about the implications of not complying with statutory requirements when buying and selling immovable property, as well as not ensuring that important procedures are followed when one of the contracting parties is a trust.

14 Oct 2019

When is a Debt Due Under a Demand Loan Facility?

Traditionally, a “demand facility” is a loan with no fixed repayment date, and one where the lender will “demand” repayment at some future uncertain date – this could be 1 month, 1 year or 10 years from the date that the amount was advanced.

25 Oct 2016

Transfer Duty and the 2016 Budget

The wealthy have again been targeted to contribute much more to the fiscus in the form of transfer duties when purchasing high value immovable property on or after 1 March 2016.

25 Feb 2016

Immovable Property and the Budget (in-depth)

A summary of some taxation issues affecting immovable property, including those dealt with in the budget, as well as some proposals affecting immovable property in the pipeline, are detailed in this article.

25 Feb 2016