If a bond approval is included as a suspensive condition in an offer to purchase, does this conclude the terms ans conditions thereof?
In most cases when a person purchases a property, he will have to apply for a mortgage loan and this would be written into the offer to purchase as a suspensive condition, giving a certain time frame for the bond to be obtained by the bank and accepted by the buyer.
Appeal court ruling against high interest rates charged by bodies corporate
The recent ruling by the Supreme Court of Appeal where the body corporate of Gardens Lodge in Cape Town was found to have charged a “patently exorbitant” interest rate on levies that were outstanding.
The voetstoots clause and how it applies with regards to the CPA
Since the Consumer Protection Act was implemented in 2011.
Make your bond work for you
When deciding to buy a home, there are a few things a purchaser will have to consider.
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