Until very recently new owners of properties were held liable for the historical debt of a seller due to a municipality in terms of Section 118(3) of the Municipal Systems Act.

Tuesday, 02 December 2008 02:00

Rental income gaining more attention

“Rents and yields could become more important than price,” says Andrew Schaefer, MD of national property managers Trafalgar . “And that would be a healthy step forward in what could be the world’s fastest growing asset class – buy to let

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