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Property developments and buying off-plan: What you need to know
- 07 June 2022
- Property Law
- SA Legal Academy
Property developments in South Africa are growing, and buying off-plan from these developments is becoming a popular choice. This helps developers to finance the project, as having pre-approved sales allows them to obtain the necessary funding for the construction, and this form of purchasing can also save the purchaser money as transfer duty is not applicable.
Click here to read more: chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.cliffedekkerhofmeyr.com/export/sites/cdh/en/news/publications/2022/Practice/Real/Downloads/Real-Estate-Law-Alert-7-June-2022.pdf?_cldee=nwjng6QKKNEKvQig94Gyty71dSyTO_QGPq_p1TA277-NnTN5FB91iPXfhrkhBaiF&recipientid=contact-0559822378d7ec11a7b50022489eb623-0bc289fecde94f1eb97f91795dabbcce&esid=9fef070e-30e6-ec11-bb3c-000d3ad7ca9a