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High-rises to replace houses, says Absa

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There are so many posts on my Blog where I contend that Urban Sprawl is totally unsustainable and that densification of South African cities is absolutely essential! Here are some links to a few of these Blog posts: http://garethsfirstlaw.blogspot.com/2014/04/ambitious-property-developments-in.html http://garethsfirstlaw.blogspot.com/2014/03/pretoria-landmark-apartments-demolition.html http://garethsfirstlaw.blogspot.com/2014/02/inner-city-property-deal-to-regenerate.html http://garethsfirstlaw.blogspot.com/2013/12/historic-inner-joburg-suburbs-set-for.html http://garethsfirstlaw.blogspot.com/2012/05/schubart-park-hopes-for-lifeline.html Gareth Shepperson Commercial and Property Attorney High-rises to replace houses, says Absa The development of flats and townhouses is the relative sweet spot in the residential property market at the moment. Absa Home Loans property analyst Jacques du Toit believes the focus in the future, particularly in metropolitan are

How the Prescription Act applies to property matters

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How the Prescription Act applies to property matters The Prescription Act 68 of 1969 states that a claim to a debt must be finalised within a specified time limit. The claim to rental, for example, is extinguished or rendered unenforceable after three years. A judgment obtained for a debt in South Africa will prescribe or fall away after 30 years; so would a debt for a mortgage bond, taxation and certain debts owed to the State. Prescription is a way to 'punish' the creditor for taking long to claim her/his debt (Daily News, August 13, 2013). The act also refers to 'acquisitive prescription', the real right a person acquires over a servitude held or used for an uninterrupted period of 30 years. Section 6 of the Prescription Act 68 of 1969 (the 'Act') provides that '... a person shall acquire a servitude by prescription if he has openly and as though he were entitled to do so, exercised the rights and powers which a person who has a right to such se

Joburg mayor to pay R50 000 fine over erroneous billing

Joburg mayor to pay R50 000 fine over erroneous billing Failure by the City of Joburg to rectify an erroneous account has left city of Joburg mayor Parks Tau with a R50 000 bill. Along with his entire mayoral committee, Tau was left with egg on his face when the South Gauteng High Court fined him for contempt of court last week. The court also ordered that a copy of the judgment be served Fpersonally on Tau and the council's head of legal services, also slapping them with an order to pay the contempt of court application costs. The application was brought by the Hellenic Community of Joburg against the council for ignoring an earlier court order. The case stems from a billing error in which the Hellenic Community, owners of a building in Banket Street, were incorrectly charged. They were unable to get resolution from the council, so they approached attorney Dino Tzerkezis, who took the matter to court after he too failed to get a resolution. In October last year, Tzerke

Denny Crane

Denny Crane
It's not me ... yet. Denny Crane from the TV series Boston Legal. Click on picture if you're not sure who he is!