Investing in property is a significant financial commitment, and the process is often filled with complex legal and financial documents, each carrying crucial implications. Among these, the condition report and the voetstoots clause are particularly important for both buyers and sellers to understand.

Why the Condition Report Matters

Arnold Maritz, Co-Principal of Lew Geffen Sotheby’s International Realty in Cape Town’s Southern Suburbs and False Bay, emphasizes the importan...

Introduction

As highlighted in the first two blog posts in our series on “Mastering Due Diligence” for property investments, conducting due diligence is an essential step to make informed decisions and avoid being scammed. Traditionally, this process involved extensive manual research, which could be time-consuming and overwhelming. Thankfully, with advancements in technology, online due diligence resources like PropDD have emerged to simplify and streamline the entire process. In this b...

The rising cost of living and high unemployment rate have made scamming a widespread issue. People looking to purchase or rent a home should be knowledgeable of the variety of techniques used by fraudsters to avoid becoming a victim. Below are some of the scams that have been reported recently:

Rental Scams. People pretending to be landlords or agents may put up posts about properties that are either non-existent or not under their management. These postings can be found on legitimate websit...