Understanding Occupational Rent Occupational rental is one of the most overlooked aspects of the property purchase process. Most prospective property Purchasers do not consider moving into a property prior to registration taking place, however, in some cases, this may be a necessity. What is Occupational Rent and how does it work? Due to unforeseen circumstances, [...]
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Are Estate Agents Still Relevant in The Property Market? Estate agents have been the backbone of the property market, providing middleground for property Buyers and Sellers for decades. With the market introducing property selling models that threaten to eliminate estate agents services, we are left wondering if estate agents are still relevant in the [...]
Guide to Property Investment | Intro Real Estate Ample property investors have seen great success in generating income through investment property. Investment property or income property is any property purchased with the intention of leasing or reselling. Though a lot of people purchase investment property for various reasons, the main purpose is to generate income [...]
Guide to Homeowners Insurance | Intro Real Estate Homeowner’s insurance is one of the most overlooked aspects of a property purchase however, it is of the utmost importance as sadly, homeowners are at risk of property damage due to unfortunate/unforeseen circumstances. What is Homeowners Insurance? Homeowners insurance is a protective policy against property damage or [...]
Transitioning from Renting to Buying Property | Intro Real Estate As many people rent property, it is no secret that overtime, the question of buying instead of renting property will come up. Making the decision to move from renting to buying property is a huge step that should be an educated decision. A lot [...]
Avoid Identity Theft when Purchasing a House | Intro Real Estate Though buying a house can be an exciting experience, it is important to be aware of potential situations that may put you at risk. Identity theft is one of the biggest crimes that is threatening our country at the moment. Thousands of people [...]
The Advantages and Disadvantages of having a Trust | Intro Real Estate We often get clients asking us if they should register their property in a Trust or in their own names. The standard answer is that if you ask 10 different Attorneys, you will most likely get 10 different answers. Here are a [...]
Factors that Determine Property asking Price | Intro Real Estate Though the internet has made information readily available at our fingertips, there are still elements to a property sale that need personal knowledge and expertise. Determining the right market related price for your home requires the experience of a real estate agent that has [...]
Acquisition of Immovable property: Transfer Duty or VAT or ExemptionTransfer Duty:Transfer Duty is payable within six (6) months from the date of acquisition (the date of acquisition is the date on which the transaction was entered into, that is the date on which the last-contracting party signed the agreement).If the Transfer Duty is not paid [...]