Does a verbal option agreement hold water?
“I’ve had my eye on a farm and approached the farmer about two years ago to sell. His asking price was more than I could afford at the time, but he was prepared to grant me an option for a period of five years to purchase the property on terms which we orally agreed...
The impact of new tax amendments on cryptocurrencies
“I’m an investor in cryptocurrencies and have found these to be an exciting addition to my investment portfolio. However, I understand that there are new tax regulations that will affect cryptocurrency. What should I be aware of in this regard?” Cryptocurrency has...
Spanking your child a confirmed no-no for parents.
“I’ve recently read in the news that apparently spanking your child is no longer allowed for parents. I thought this had been settled a while ago. Why is this news again?” Over the years parents could rely on the common law defence of reasonable chastisement when...
Facebook blackmail to pay your accounts. Okay or not?
“My company recently bought products from a local store. They sent the invoice, but the invoice details and VAT number was incorrect and we asked them to correct it as our bookkeeper said we can’t pay until a correct invoice was received. In the meantime we now see...
What does the Electronic Deeds Registration System mean for the consumer?
“I have a property portfolio and am constantly buying and selling properties. I’ve recently seen media reports that a new electronic deeds registration system is coming for South Africa. For me speed of sale and registrations is vital. Will this new system improve or...
Can a bank transfer funds from one account to another without your permission?
“I have two accounts with the same bank. I am in arrears on my home loan payments but will be receiving money into my savings account. It’s not my money, but money from my sister that I must use to help arrange for her wedding and expenses. I’m just worried that the...
How to build a real estate business that returns great profits
If you are a real estate professional who is serious about your profession, dedicated to serving your customers and committed to increasing your earnings, then our system at PropertyTime was designed for you. There is a lot of discussion about the new world of...
Do trusts still have a role to play in estate planning?
“My wife is pregnant with our first child and I am considering whether to set up a family trust for estate planning purposes. Lately however I have read negative commentary about using trusts, particularly anti-avoidance tax legislation aimed at trusts. I don’t want...
When do the levies of a sectional owner increase after an extension of their unit?
“I live in a sectional title scheme and pay levies according to the participation quota of my unit. However, a number of unit owners have recently extended their units and although the body corporate has approved such extensions, I know the sectional plans have not...
Can you convert the garage of your sectional title unit into an extra room?
“In our sectional title scheme, I’ve heard that one of the unit owners is busy planning to convert her garage into a hair salon and then park her car in the public parking area. I’m not happy with this at all as not only will it increase unknown persons in the...











