It is nearly Spring, and if you are thinking of selling it is an excellent time, and to make things even more special we have an awesome package deal for sectional title sellers that includes 360-degree video which will be shot by our professional photographer in addition to a floor plan.
The combination of the floor plan and the 360-degree video means that after one-hour long visit by the marketing team tenants do not have to be inconvenienced and we can actually get to the point of an offer to purchase subject to viewing. Not only is there no extra cost for this service, talk to us about our September Spring Sectional Title Promotion and pay less! We always provide an in-depth ‘Complex Review’ for your particular sectional title development highlighting all activity in the last twelve months to make sure you are fully informed on pricing and market issues.
For the full details of all marketing benefits that we are offering for Sectional Title this Spring click here.
If you are thinking of selling Spring is always a good time for Southern Suburbs sectional title for a host of reasons so if you want to liquidate some capital call Lisa Rowell for a no obligation valuation now, on 082 844 0800
A unit in a sectional title scheme can be amended by subdivision, consolidation or extension thereof.
When consolidating or subdividing a section, the owner requires the consent of the trustees of the body corporate. The extension of a section requires a special resolution, meaning that 75% of the owners in the sectional title scheme must vote in favour, because an extension will affect the participation quota of all the other sections in the scheme.
For all three changes, a draft sectional title plan has to be lodged with the Surveyor-General for approval, and the approval of the relevant municipality is also required.
To make sure you follow the right legal processes and lodge the correct documentation, contact your STBB conveyancer for assistance.
The trustees of a body corporate may decide to add an improvement to the scheme’s common property, or to remove it. Different rules apply, depending on whether the improvement is considered to be “luxurious” (for example a swimming pool) or “non-luxurious”(for example a security gate). Luxurious improvements may only be effected if they are authorised by a unanimous resolution of all owners. On the other hand, in order to effect a non-luxurious improvement, the trustees must give at least 30 days’ notice to all owners of the intended improvement, detailing the costs, financing, need and desirability thereof. If a special general meeting is then requested by the owners, a special resolution must be passed to authorise the intended non-luxurious improvement. If no meeting is requested, the trustees may proceed.
For more information, contact us at STBB
Pet owners should familiarize themselves with the prescribed conduct rules in a sectional title scheme before they commit to purchasing or occupying a unit therein. This is because the legal principle “caveat emptor” applies and a buyer is expected to have knowledge of the rules applicable to the scheme.
Some schemes have rules which prohibit the keeping of any pets. Others provide that the owner/occupier of a section may only keep certain pets with the written consent of the trustees, which consent may not be unreasonably withheld. In the latter instance, should an owner feel that the trustees have unreasonably withheld consent, a court may be approached for a declaratory order.
For more information, contact us at info@stbb.co.za
Original Source: STBB
Whether for cost saving, load-shedding or culinary preferences, gas stoves and other gas appliances have become the “in” thing in South Africa of late.
Our legislature took note of the increase in these installations and in 2009, amended regulations to the Occupational Health and Safety Act to oblige homeowners to ensure that they have a Certificate of Conformity when a gas appliance with permanent LP Gas cylinders is installed on the property. When the property is sold, certain additional measures must be adhered to.
Owners of units in sectional title schemes often query whether they may install a gas installation on common property (ie, those areas in the scheme owned jointly by all owners) or in their own units.
Find out more here.
Original Source: STBB
The Sectional Title Team and Chas Everitt wish all our Sectional Title residents a very happy Heritage Day.
We have rounded up 15 of our favourite braai side dishes for you this Heritage Day! Enjoy!
3. Creamy mushroom potato bake
4. Buttery, cheesy garlic bread
5. Creamy potato bake with caramelised onion
7. Mielie bake
8. Biltong, feta and mushroom pap tert
9. Cauliflower with bacon and onion sauce
10. Baked bacon and spinach stuffed blooming onions
15. Caramelised onion, potato and feta bake
“Lekker braai” * Sourced from Food24
Everyone knows Gumtree. Gumtree is primarily a Classified Portal founded in the UK, AUS, NZ and SA. In 2005 it was bought by the global giant eBay. They are SA’s #1 Classified Site, the 6th biggest Website in SA. Their focus on a simple mobile interface and a easy to use App is paying dividends and their across the board popularity is increasing. Their App is the 11th most downloaded App in Android free Apps.
Real Estate
Due to their size Gumtree is also now 2nd in SA on Property after Property24 and better than PrivateProperty. Gumtree attracted over 1 300 000 visits in June (P24 2 400 000 and PP 1 100 000).
Gumtree are about to launch a major drive into real estate sales the from August 2015. With the traffic and eyes they control, their funding via eBay and their already being a Top 10 site, they are a major player.
Our Marketing Solutions ensure maximum exposure to qualified buyers. As from this week all Chas Everitt listings are now on Gumtree.
We would like to share why, in this cold weather, we believe there is a very hot opportunity to put your apartment on the market right now!
Price is largely determined by supply and demand, and right now we have a substantial number of good buyers and there is not a lot to show them. Many buyers are frustrated with what is on offer and many sellers we are working with hold an opinion that it would be better to wait until Spring to start marketing.
Think about it! Right now your apartment will be competing with fewer other apartments on the market for the attention of buyers. This is a huge marketing advantage in trying to secure a sale at the best possible price.
Should the buyer require finance, our friends in the home loan business confirm that banks are currently inclined to be a little more lenient, as there are fewer transactions. Right now is the optimum time of the year to secure the financing needed to secure the sale. Add to this, the market is generally expecting interest rates to move higher later in the year.
If you would like to take advantage of marketing your apartment right now, please give us a call
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| Newlands & Rondebosch Charlene Faint 021 200 5882 0837652116 charlene.f@everitt.co.za |
Wynberg Pat McCleland 021 200 5882 0749328586 pat.m@everitt.co.za |
Transferred Sales in 2014 and 2015 for Intaba in Claremont:
The Chas Everitt CMA – Comparative Market Analysis of your apartment at Intaba is designed to help you determine your best possible asking price. By studying other apartments that were recently sold which are similar to yours, you will be able to make a more informed decision regarding your current competitive market position.
For a no obligation valuation of your property please contact Charlene Faint on 083 765 2116.
