South Africa: Real Estate

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Article
What Happens When A Municipality Sells The Same Land To Two Purchasers?
The North West Division of the High Court in Mahikeng addressed a dispute arising from a municipality's administrative error that resulted in the sale of the same residential property to two different purchasers. The court was tasked with determining which of the two competing sales agreements would prevail when both parties had paid in full and one had taken possession of the property.
South Africa Real Estate
E
ENS
Article
Transfer Duty And Instalment Sale Agreements: Understanding Section 20 Of The Alienation Of Land Act
Instalment sale agreements offer flexibility in South African property transactions, but many purchasers misunderstand when transfer duty becomes payable. Under Section 20 of the Alienation of Land Act, transfer duty liability may arise at the date of agreement signature—long before ownership actually transfers—creating unexpected financial obligations that require careful legal and tax planning from the outset.
South Africa Real Estate
BI
Barnard Inc.
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