Buying a house in SA – what to watch out for…
Buying a house is an emotional decision – because this is the place where you will live with your family; this is the place where you will relax with your friends. As a home buyer, you need to make a conscious effort to turn away from the heart and to think with your head. You […]
Property Practitioners Act will help home buyers make informed decisions
The new Property Practitioners Act (PPA), will definitely assist buyers make informed decisions. In terms of this new law, owners will be compelled to make a written disclosure to every potential buyer regarding all of the significant defects to the property of which the owner is aware. Moreover, the agent, usually employed by the owner […]
Estate Agents Now Owe Sellers and Buyers an Equal Duty of Care
Estate agents now owe sellers and buyers an equal duty of care Estate agents, soon to be known as “property practitioners” in terms of the new Property Practitioners Act (PPA), are usually paid their commission by the seller of the property. Now the new PPA will compel agents to be fully transparent and ensure that […]
Up to 40 Home Inspectors wanted urgently
Qualified Home Inspectors wanted One of South Africa’s major corporates has approached HouseCheck to launch a dedicated home inspection service for their clients. This is likely to result in huge inspection volumes and as a result HouseCheck is planning to recruit 40 more home inspectors nationally before the end of the year 2020. These home inspection […]
COVID-19 HouseCheck’s Response to this Disease
South Africa declared state of disaster to deal with viral threat President Ramapohosa on Sunday 16 March 2020 declared South Africa in a national state of disaster. He called on all citizens to unite to fight the threat of this virus which could have a devastating affect on our economy and our nations health. HouseCheck […]
2020 – Contentious Property Practitioners Act Regulations Released
Property Practitioners Act Regulations Roadshow The Department of Human settlements has undertaken a road show throughout South Africa, explaining the implications of the proposed Property Practitioners Act Regulations, which were published in the Government Gazette recently. HouseCheck went to the first event which was held In East London on Wednesday 11 March 2020. The head of […]
Why Structuring the 10 year maintenance plan is so important
Why Structuring the 10 year maintenance plan is so important Structuring a 10 Year Maintenance Plan correctly is essential The Sectional Title Maintenance Schemes Management Act prescribes that every sectional title scheme has to have a 10 year maintenance action plan for the complex. In addition funding needs to be provided for the maintenance of […]
Does the Voetstoots clause still apply?
Will the new Property Practitioners Act Nullify the Voetstoots Clause in Offer to Purchases? Voetstoots and the Property Practitioners Act 2019 The Property Practitioners Act 2019 (PPA) requires the seller to include, as part of the agreement of sale, a disclosure to inform prospective buyers about the condition of the property. The question arises: Is […]
10 Year Maintenance Plans for Body Corporates save money
10 Year maintenance plans are required to be prepared by all body corporates in terms of the regulations to the Sectional Title Schemes Management Act. This liability lies with the trustees of the body corporate. HouseCheck has an innovative product, which we call a MAP ( Maintenance Action Plan). This product has been designed to […]
The cost of not getting your property inspected on time
Property transactions are complex and this was brought home recently when doing an inspection for a client. A young couple had bought a place from a developer off-plan. The developer built the house, and by and large the workmanship was good. The experience however, was not. Normal tensions between the builders promises and clients expectations were […]