Real estate market trends investors should know about
4 minute read
Latest in news in property and conveyancing
The last thing you should be worrying about when buying or renting a home is being scammed. This is a short recap of our blog info.
If you have any doubt about an agent’s legitimacy, don’t be shy to ask for the current Estate Agency Board (EAAB) and Fidelity Fund Certificates (FFC).
Can I comfortably afford this property, including agent fees, legal fees, transfer fees, monthly rates and taxes, and the general upkeep and maintenance of the property?
From 1 October 2009, it is required that any person installing a liquid gas appliance at a property must have a certificate of conformity issued in respect thereof.
Although the bylaw does not specifically say that the certificate must be provided to the buyer, it has become commonplace to include such a provision in the offer to purchase.
The overriding purpose of requiring an Electrical Fence Certificate is to ensure that the installation is safe.
Beetle certificates are no longer required by law but are standard in Western Cape and KwaZulu-Natal sale agreements. Many years ago it was prescribed by law (Forest Act) that
Although the onus is on the seller to obtain this certificate and pay for the costs of repairs, this obligation can be shifted to the buyer by way of agreement.