The body corporate has various rights and responsibilities. Its main task is to manage and administer the land and buildings in the sectional title scheme.
Taxes and property go hand in hand. There are very real benefits to be had if you understand the property tax system & how best to manage your investment.
While the interest in homeownership via both life rights and sectional titles properties has always been strong, it has only grown in recent years.
The South Coast of KwaZulu-Natal, always a popular holiday destination for South Africans, has in the past year also attracted a lot more attention from those seeking to semigrate from SA’s big metros to smaller country and coastal towns.
A low-interest rate coupled with the semigration trend are two of the contributing factors driving the growth in the residential market.
The Monetary Policy Committee (MPC) has again announced that interest rates will remain stable, keeping the repo rate at 3.5% and the prime lending rate at 7%.
The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) is expected to hold the rate at the 23-25 March meeting, according to a unanimous vote by 25 panellists on Finder’s SARB repo rate forecast report.
From a small local software company to SA’s biggest provider of real estate management solutions, MRI’s global reach and innovative approach is supporting the region’s property management and real estate businesses to evolve and embrace digital technologies.