Property News - August 2016
IMPORTANT NOTICE - South African Property Owners Association SAPOA Cautions on Unlicensed Estate Agents and Brokers
See below article warning the public about this illegal act.
Although in our law most verbal contracts are binding, property sale agreements are an exception. They must be in writing and signed by the parties to be valid, the reason being that it greatly reduces the risk of confusion or dispute as to what the buyer and seller have actually agreed.
Seventy-four percentage points now separate the world’s strongest and weakest-performing mainstream city housing markets. Kate Everett-Allen examines the latest set of results.
Hosted by the KZN branch of the South African Institute of Architects, a conference held at Durban’s historic city hall on 8 July had as its objective to put the radical transformation of South African cities, towns and villages at the top of the national agenda.
Hong Kong, Luxembourg and Sydney named most favourable tax-efficient locations for quality of life.
According to Bradley Hancock, Chairman of the SAPOA KZN Broker Committee, there have been incidents of this illegal act, and the public are cautioned to be vigilant.