NEWS

Essential Guide to In-Going and Out-Going Inspections in South African Rentals

In South Africa, in-going and out-going inspections of rental units are crucial processes outlined by the law to ensure fairness between landlords and tenants, particularly regarding the condition of the property and the handling of security deposits. These inspections are primarily governed by the Rental Housing Act (RHA) and the regulations set out in the Consumer Protection Act (CPA). Here is w

Trustees in Sectional Title Management Explained

Posted on 17/03/2025 11:25:39

How are trustees elected, and does each owner take a turn being a trustee? No, owners do not take turns being trustees. Trustees are elected at each annual general meeting of owners. As an owner, you have a right to make yourself available to act as a trustee, but you do not have to do so. The trustees do not all have to be owners, and they are normally not paid for their services. What are the

What is a Sectional Title?

Posted on 07/02/2025 17:41:26

Sectional title is a system in which “sections” of buildings are individually owned. A sectional plan is registered for each development scheme. It shows the sections –which are individually owned – and the “common property,” which is the land and all parts of buildings that are not part of any section (Unit)   As a sectional title buyer, what will I own?

How to prepare your home for a sale

Posted on 28/02/2025 16:11:15

When preparing your home for sale, there are some simple, inexpensive things you can do to increase its appeal to potential buyers. These steps have the potential to lead to a quicker sale and possibly even increase your home's selling price. Detach yourself from the home First things first, take the time to say your goodbyes. Why? Because this is no longer your home. It is now a product that

Excess in South African Short-Term Insurance

Posted on 07/03/2025 14:02:29

Insurance Excess, also known as a deductible, is a specific amount that you, as the policyholder, must pay out-of-pocket before your short-term insurance policy kicks in to cover the remaining costs. This concept is crucial for understanding how insurance works in South Africa.   How Excess Works in South Africa:   Policy Purchase: When you purchase a short-term insurance policy, t

Life Insurance in South Africa

Posted on 21/02/2025 12:16:20

Life insurance is a crucial financial product in South Africa, providing peace of mind by ensuring that your loved ones are financially protected in the event of your passing. It pays out a lump sum, known as the death benefit, to your designated beneficiaries, helping cover funeral costs, outstanding debts, and living expenses. Types of Life Insurance Available in South Africa:   Term L

Top 20 questions to ask your Real Estate Agent

Posted on 14/02/2025 17:09:22

If you are considering selling your property and have invited local property professionals over to conduct a house valuation, then you have likely got a few questions on hand already. After all, you need to ensure that they will take all the steps necessary to achieve the best possible outcome for your sale. Sellers need to find a real estate professional who they can trust to look after their bes

The Art of Debt Collection at National Real Estate

Posted on 04/12/2024 15:29:50

In the dynamic landscape of real estate, the role of a debt collector often mirrors navigating through a metaphorical inferno—challenging, yet crucial for maintaining balance and ensuring stability. At National Real Estate, our Debt Collection Team is the unsung hero behind the scenes, masterfully managing the delicate balance between financial diligence and respectful tenant relations. Wh

Unlocking Homeownership: Understanding First Home Finance & Subsidy Assistance for First-Time Buyers

Posted on 27/11/2024 17:11:43

Are you dreaming of owning your first home but struggling to overcome the financial obstacles? The First Home Finance and Subsidy Assistance might be the key to turning your dream into reality. First Home Finance provides a crucial financial boost for first-time homebuyers, making homeownership more accessible and affordable. How does First Home Finance work? First Home Finance assists eligible