According to Jason Lee of Rawson Commercial, installment sale agreement provide a viable solution to sellers  who, because they are in financial difficulties, or for other reasons, enable them to dispose of a property that might otherwise not find a buyer in today’s market. 

 

Time is running out to make use of the tax -friendly window period introduced by SARS in 2010. 

Delta Property Fund, a R2,1 billion property group and predominantly government-tenanted BEE company is to list on the JSE. The listing, scheduled for early next month, will follow a Nedbank Capital-led capital-raising exercise of R980 million. 

Wednesday, 23 September 2009 02:00

Lease due dilligence requires careful attention

As certain as death and taxes, there is another inevitable fact of property life - the assessment of property expenses (operating costs) identified by buyers and sellers, which by exception and rare circumstance, will be the same

Wednesday, 02 September 2009 02:00

Transfer & bond cost refresher

Conveyancing attorneys play a vital role in the registration of every property transfer or bond, but their role is often misunderstood

Wednesday, 18 February 2009 02:00

Welcome tax relief for bodies corporates

Body Corporates at sectional title schemes in South have been given some welcome tax relief through the Taxation Laws Amendment Act, which was promulgated by SARS in July of last year

Tuesday, 03 February 2009 02:00

Industry has to get it REIT

SA is soon to follow the international trend whereby property loan stock companies and property unit trusts will be structured as real estate investment trusts (the REIT model), with final legislation hopefully in place next year.

Lessees often enter into leases of vacant commercial or industrial land and erect buildings on the land. Tax Partner at Cameron & Prentice Chartered Accountants, David Warneke, explains the tax effects of these agreements

Johannesburg’s vibrant city economy, along with a limited supply of quality rental accommodation and policy efforts at urban renewal, has created an investment opportunity in the inner city

A number of comentators present their outlook on the listed property sector amidst a local rising inetrest rate and a global inflationary environment

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