Compiled by Monique Oosthuizen You have opened your levy statement this month and, to your dismay, noticed that the levy fee has increased. Scanning through the line items, you notice the following: “CSOS levy” “Monthly levy” “Reserve fund levy” So, what do these amounts mean? “CSOS levy” is the monthly fee payable quarterly in advance to […]
Author Archives: yb-admin
It’s estimated that already some 2 million households live in 550 000 sectional title complexes countrywide. With an average of 4 members per household, that constitutes to approximately 8 million people, with different temperament and values, living in very close proximity to each other (Sect. title ownership much debated, 2016). This, with rules that restrict what residents […]
What happens when a landlord or a tenant wants to cancel a lease? What rules and what legislation apply? What protection does the law provide? If you want to end your lease early, this can be done in situations where: the Consumer Protection Act or Rental Housing Act applies, or there’s a clause in the […]
If you die without a will, an administrator will have to be appointed to administer your estate which will be distributed according to the laws of intestate succession. As such, your assets may not be distributed as you would have wished. It also means that the process will be delayed and that there will be […]