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The South African residential property market continues to experience a rejuvenation as we adjust to life amid i the Covid-19 pandemic. One of the silver linings to have emerged from the lengthy lockdowns has been a newfound appreciation for the utility value of a home. As a result, the demand for decent affordable housing has become more of a necessity.
The winter months in most parts of South Africa present the perfect opportunity for the homeowners’ associations of estates and cluster home complexes to tackle any construction they have planned for the year.
ST schemes require 10-year plans to guide Reserve Fund expenditure
Rates and Taxes Page Content The Rates Policy guides the City in all aspects of levying rates on property owners. It also defines the different categories of property, as well as specifies the categories of property ownership that may qualify for rates rebates and exemptions under the MPRA. Municipalities are expected to be self-funding and municipal revenue is raised from three main sources: electricity and water provision, and property rates. This income is used to pay for a wide range of public services, from the maintenance of roads and ...
Clearance Certificates Page Content Key part of buying or selling property – as far as your interaction with the City is concerned – is the clearance process. As a property owner, you need to know that before you can sell your property you are legally required to get a Clearance Certificate from the municipality. The seller is responsible for making sure that all rates and services have been paid and that the municipal account is up to date before selling the property. This is also the case if a tenant has leased the property. Sectional Title owners will receive their first rates account...