by BAwebmaster | May 18, 2023 | Blog
In South Africa, financial security and integrity are paramount for a stable and thriving economy. The Financial Intelligence Centre Act (FICA) is a vital legislative framework that plays a crucial role in combating financial crime. FICA ensures transparency and...
by BAwebmaster | May 8, 2023 | Blog
In short: To start a business in South Africa you must register with the CIPC, obtain any permits or licences your industry requires, and register for tax with SARS (VAT, PAYE and Company Income Tax). If you employ staff you must comply with the Basic Conditions of...
by BAwebmaster | Apr 18, 2023 | Blog
The Conveyancing Transfer Process The conveyancing transfer process is a critical procedure that facilitates the smooth handover of ownership from seller to purchaser. This process entails the involvement of multiple parties, each fulfilling a vital role in the...
by BAwebmaster | Mar 16, 2023 | Blog
Understanding the Basics As a property owner in a sectional title scheme, it is essential to have a good understanding of what a body corporate is, its role, and its functions. A body corporate is a legal entity created by the Sectional Titles Act, 1986. It is...
by BAwebmaster | Mar 2, 2023 | Blog
Here are some of the most common questions the Conveyancer get asked by the Sellers and Purchasers during the Conveyancing Process. WHO DOES THE DEPOSIT GET PAID TO? The deposit is to be paid to the conveyancing attorney attending to the transfer, to be held in their...
by BAwebmaster | Feb 8, 2023 | Blog
Offer to Purchase The Offer to Purchase (“OTP”), becomes a binding sale agreement to sell property as soon as the seller accepts and signs it (in accordance with the Alienation of Land Act of 1981). No contract is entered into if the seller verbally...
