Conveyancing is the legal term for the process whereby a person, company, close corporation or trust becomes the registered and legal owner
of immovable property and ensures that this ownership cannot be challenged. It also covers the process of the registration of mortgages.
The Antenuptial Contract (ANC) is an important document that a person will sign in his or her lifetime, if you decide to get married!
An Antenuptial Contract is a legal document under South African law that determines whether your marriage will exist in community of property, or out of community of property, with or without the accrual system.
No one goes into a marriage thinking that they will get divorced, but when you consider that the Antenuptial Contract governs what will happen to your assets and liabilities on divorce or death, it is very
important to give this much thought!.
A will or testament is a legal document signed by a person, the Testator, expressing his or her wishes as to how his or her property is to be distributed at death, and names one or more persons (the Executor) to manage their estate until it is wound up at the Master of the High Court.
Your Last Will and Testament will determine how the deceased’s debts are settled, creates a testamentary trust, leave instructions you may have eg. burial or cremation. A Last Will removes any doubts that can arise when there is no evidence of the deceased person’s wishes.
Note that Attorneys can only charge 3.5% as an Executor.
A lease is a contractual arrangement calling for the Lessee (user) to pay the Lessor (owner) for use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment is also leased.
Broadly speaking, a lease agreement is a contract between two parties, the Lessor and the Lessee.
Real estate appraisal, property valuation or land valuation is the process of developing an opinion of value for real property to try and determine the market value. Real estate transactions often require appraisals
and every property is unique with regards to their location, and location is one of the key factors in the valuation, unlike corporate stocks, which are traded daily and are identical. Valuation reports form the basis for home loans, settling estates and divorces,
taxation, and so on. Valuation are also done to establish the selling price of the property.