Property Terms What Is Rent Deposit Rent deposit is a sum of money that a tenant pays to their landlord when they move into a new property. This deposit is usually equal to one month’s rent, and it is used to cover any damages that the tenant may cause during their tenancy.
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Renting property Renting property can be a great way to get started in the real estate market. You can find good deals on rental properties and then use the money you save to invest in other properties. There are a few things to keep in mind when you’re looking for a rental property, though. Make
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Crunch numbers twice before you buy a property When it comes to buying a house, there are a lot of things to consider: location, size, amenities—the list goes on. But one thing you shouldn’t overlook is the cost of the property. Property Tip 1 It’s easy to get caught up in all the other
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Municipal Property Rates COGTA defines property rates as the cent amount in the rand levied on the market value of the property (Land & Buildings). Property rates are calculated based on the value of land and improvements or buildings. This value is based on the market value of the property. That is the price that is realistically acquired for
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Factors To Consider Before You Buy a Property Buying a property is one of the most important and complex purchases anyone can make and for first time home buyers, it’s like navigating a minefield. This article will help with 10 tips to consider before you even start an online search. Choose The Right Location In
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Property Industry Disruption: How Technology is Changing Vacation Home Market. Owning a vacation home at the seashores of Capetown and many other vacation spots around the world is many people’s dream but has only been a reality to the 1% elite club members. Most of the time vacation homes are only occupied one month
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What is a Sectional Title Scheme? The property market can be full of complex jargon and as a first-time buyer navigating all these can be an exhausting task, in this article I will help you understand what a sectional title is?. This is a type of property whereby an owner owns a section of the
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Finance Linked Individual Subsidy Programme (FLISP) is a new housing scheme introduced by the department of human settlement via the National Housing Finance Corporation (NHFC). In South Africa, you can be too rich to qualify for a government free housing scheme but too poor to get a home loan. FLISP Application Procedure Property Search (
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A real estate mandate is an agreement between a Seller and the Estate Agent(s) regarding the marketing of a property, the agreement duration and obligations for both parties. Real estate mandate an overview Generally, they are three types of real estate mandate: Sole Mandate Dual Mandate (Multi Listing) Open Mandate The mandate must be reduced in writing and must
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