NRE Auctioneers

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National Real Estate can also assist in the Auctioneering business through the Level 2 BEE company - NRE Auctioneers.

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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

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Trustees in Sectional Title Management Explained

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

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Excess in South African Short-Term Insurance

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

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