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Decisions you make today may seriously affect heirs  When it comes to scaling down for retirement, selecting the right home is probably the most important decision.
If you are selling your home bank on it taking about 14 weeks Homeowners and real estate agents hoping to sell in the current market are likely to wait for 14 weeks before closing the deal.
Cocooning: Home is where it’s at  A global trend towards staying in instead of going out is affecting how people live and perceive their living spaces.
Buying property brings responsibility  Financial and relationship changes happen when you move from being a tenant to an owner.

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Property Practitioners Bill set to transform industry

 

Property Practitioners Bill replaces the old Estate Agency Affairs Act and makes provision for an ombudsman.

The Property Practitioners Bill which repeals the 43-year-old Estate Agency Affairs Act has finally been signed into law, and will take effect once published in the Government Gazette.

The Electronic Deeds Registration Systems Bill has also been signed into law by President Cyril Ramaphosa, and is expected to improve the turnaround time for providing deeds and documents to clients, says Nicolene Schoeman-Louw, an attorney at Schoemanlaw Inc Attorneys.

The bill is set to transform the property industry by, among other things, providing for a regulatory authority and ombudsman, and ensuring the inclusion of historically disadvantaged individuals.

The findings of the ombudsman will be equivalent to a magistrate’s court order. Schoeman-Louw says under the bill the term “property practitioner” will now also include a bond broker, home inspector, facilitator of an agreement or sale or lease – including a homeowners’ association, a seller of timeshare or fractional title, a property manager and a property developer.

 

Read more: Property Practitioners Bill set to transform industry

 
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Business

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After restoring Russia as a key power in the Middle East, President Vladimir Putin is turning his attention to Africa to raise Moscow’s profile in the struggle for geopolitical influence.Putin hosts leaders from more than 50 African states on Wednesday in Russia’s...

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Eskom says there is a low probability of load shedding for the rest of the week, as the broken Medupi coal conveyor belt and faulty power units return to service. No load shedding is expected for Wednesday, however Eskom warned that the power supply is vulnerable,...

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Politics

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Panic has set in among allies of embattled DA leader Mmusi Maimane over his future as chief of the party.The DA's federal executive will convene an urgent meeting in Johannesburg on Wednesday. The meeting was called shortly after City of Johannesburg mayor Herman...

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SA's second investment conference is set to be held from November 5 – 7 in Sandton, Johannesburg, with over 1030 confirmed delegates attending.The drive, launched by President Cyril Ramaphosa, is meant to attract R1.2trn in new investments by 2023. The first...

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Sports

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Cape Town - Eagle-eyed fans were left puzzled by differing jerseys worn by a handful of Springboks in their Rugby World Cup quarter-final against Japan in Tokyo on Sunday. Lock Lood de Jager and flyhalf Handre Pollard both took to the field in a version...

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  Tokyo - All Blacks coach Steve Hansen is predicting a "mighty clash" in this weekend's heavyweight World Cup semi-final with England, but insisted they were not New Zealand's biggest rugby rivals. The treble-chasing All Blacks have won their...

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