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DEALING WITH RENTAL DEPOSITS

When it comes to the management of rental properties, there is one thing that often causes a dispute, and that is how a tenant's deposit has been handled, what

RESIST THE URGE TO OVERUSE YOUR MORTGAGE FACILITY

Homeowners who have an access bond facility on their mortgage loan might often be tempted to borrow a little against what they have paid off each time they are

INSURANCE POLICY RENEWALS IN SECTIONAL TITLE SCHEMES

Insurance policies taken out on sectional title schemes are renewable on a yearly basis as this type of insurance is listed as a short-term policy

PARKING PROBLEMS IN SECTIONAL TITLE SCHEMES SHOULD BE DEALT WITH SWIFTLY BY TRUSTEES

Of the problems that often occur in sectional title schemes, parking availability for each unit and their visitors is often at the top of the list, and trustees

IF A BOND APPROVAL IS INCLUDED AS A SUSPENSIVE CONDITION IN AN OFFER TO PURCHASE, WHAT T&C'S APPLY

In most cases when a person purchases a property, he will have to apply for a mortgage loan and this would be written into the offer to purchase as a suspensive

REASONABLE/UNREASONABLE RULES IN HOAs AND BODIES CORPORATE

Rules in sectional title schemes are prescribed by the Sectional Title Schemes Management Act (Regulations), whereas establishing the rules in an HOA

IF SELF-EMPLOYED AND APPLYING FOR A HOME LOAN: - THESE ARE THE THINGS THE BANK WILL ASK FOR

Although buying a property as a self-employed individual can be a little "trickier" than a purchase if permanently employed with a steady income

WHERE 'UMBRELLA' OR 'MASTER' SCHEMES GO WRONG

When it comes to community schemes, there is a complicated mix that often leads to difficult, as well as expensive, administration and management

WHAT POWERS DOES THE CHAIRPERSON OF A SECTIONAL TITLE SCHEME HAVE?

When it comes to selecting a chairperson of the body corporate in a sectional title scheme, the owners must select the chairperson, and by default it's usually

LOOKING TO BUY TO RENT - MAKE SURE THE UNIT "TICKS THE BOXES"

If a decision is made to buy a residential unit to rent out, it is advisable to first assess what the expectations are in terms of income or tenancy

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