Tag: Municipal Property Rates


Property rates and prescription in a nutshell
Property rates and prescription in a nutshell

All property owners are obliged to pay rates and utilities in respect of their properties. Section 229 of the Constitution of the Republic of South Africa states that municipalities can charge rates on property and surcharges on fees for services provided by or on…
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Knowing the hidden costs of buying a property
Knowing the hidden costs of buying a property

Experts estimate that the hidden costs of buying a property can add as much as 10% onto the purchase price. Knowing the “ins and outs” of the property before making an offer can prevent an emotionally inflated purchase price and save valuable finances towards these…
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