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Monthly Archives: November 2014

Cancellation of contracts by e-mail and digital signatures

SCA finds contract cancellation by e-mail and digital signatures valid
On 21 November 2014, the Supreme Court of Appeal ruled that oral negotiations between parties that have been reduced to writing in the form of emails constitute an agreement to cancel their written agreements.

Also, the SCA has found that typewritten names of the parties at the foot of emails constitute ‘data’ that is logically associated with the data in the body of the emails, as envisaged in the definition of an ‘electronic signature’ [which is not to be confused with an advanced electronic signature]. These, therefore, satisfy the requirement of a signature and have the effect of authenticating the information contained in the emails. ► Download the judgment in Spring Forest Trading 599 CC v Wilberry (Pty) Ltd T/A Ecowash and Another Case No: 725/13 here.

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Posted by on 27/11/2014 in Content

 

SNEAK PREVIEW – VILLIERSDORP MOUNTAIN ESTATE LAUNCH -INCORPORATING RENT2BUY

SNEAK PREVIEW – VILLIERSDORP MOUNTAIN ESTATE LAUNCH
37 new units are being developed in Villiersdorp

Rent2buy

A few units will be made available on Rent2buy – contact meyer@irent2buy.co.za

Direct buy 

Contact Meyer@oostco.co.za for more information

Rental only

A few units will be made available on direct rental as well.

Construction of the first 3 houses have already started and hand-over is planned for January 2015.

PROPERTY 24 The current listings have just been updated with the new images: CLICK HERE and HERE

PRIVATE PROPERTY To view more on Private Property VIEW YOUR LISTING NOW Listing reference number Z25592

Contact Meyer de Waal – meyer@oostco.co.za if you are interested in more information.

 
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Posted by on 26/11/2014 in Content

 

HOME LOAN SUBSIDY – LATEST FLISP NEWS – RELIEF FOR PROPERTY DEVELOPERS & HOME BUYERS

LATEST FLISP NEWS – RELIEF FOR PROPERTY DEVELOPERS & HOME BUYERS

Property developers have been hampered by the challenge to deliver a house under the price range of R300 000.00 to make use of the FLISP subsidy and this prevents many aspiring home owners to buy their own homes.

Good news:

The Director General published enhancements to the Financial Linked Individual Subsidy Plan (FLISP) with the view to have a positive effect on the participating number of affordable households and thus address then need of households in the affordable market with specific reference to:
• The minimum subsidy payable
• The maximum property value
• The housing typology
For more info – go to http://www.flisp.co.za  and click on Flisp Adjustments August 2014 under Latest Flisp Info.

 
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Posted by on 26/11/2014 in Content

 

HOME LOAN DECLINED – Rent2buy as alternative solution

There is hope for those who desperately want to buy a house even if their home loan application has been declined, according to property attorney Meyer de Waal.

De waal, who is the director at Oosthuizen & Co Meyer de Waal, told Fin24 in a video interview that there is a way for consumers to still get a bond even if they have been turned down by banks.

He said usually when a bond application is rejected; it is based on a client’s poor credit scorecard.

“Why do you need a bank from day one to conclude your transaction? Everyone is so fixed on going to a bank to get a home loan. We say, park the bond or the bank a little bit outside for a year or two.

“You’ve got a willing seller, you’ve got a willing buyer and you’ve got a property. Those are the most important ingredients to negotiate a transaction,” said De Waal

Meyer de Waal, who developed and fine-tuned the rent2buy concept was recently interviewed by Fin24. To follow the interview click here

 
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Posted by on 26/11/2014 in Content

 

ONLY 3 RENT2BUY UNITS LEFT – ACT NOW!

 Mountain View Villas released 3 rent2buy units – If you are interested to secure a unit – act fast and contact Juanita – admin@budgetfitness.co.za The minimum income that is required is R12 000.00 per month and the rental is R3 850.00 per month. We will do a credit and affordability check to ensure that you must qualify for a home loan within 12 months after signature.

X 2 218 38m2 Single First Floor 1 Bedroom R 379,000.00 Available
AA 2 251 38m2 Single First Floor 1 Bedroom R 379,000.00 Available
AA 2 252 38m2 Single First Floor 1 Bedroom R 379,000.00 Available

To download the Mountain View Villas brochure CLICK HERE Kind regards, Meyer de Waal

 
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Posted by on 26/11/2014 in Content

 

ADMINISTRATION OF ESTATES ACT – IMPORTANT NOTICE FOR DECEASED ESTATES AND CURATORS & MINORS

To keep up with inflation certain adjustments were made in the Administration of Estates Act. We just received notice that as from 24 November 2014 the limits of various sections were amended in the Administration of Estates Act.
• Section 18(3) This is applicable for estates with a value – previously under R120 000.00 – now raised to R250 000.00
• Section 80 Restriction on alienation or mortgage of immovable property by a natural guardian, tutor or curator – also increased to R250 000.00
• Section 90(1) Payments to natural guardians, tutors and curators – also increased to R250 000.00
For more information – contact Meyer de Waal – meyer@oostco.co.za Kind regards, Meyer de Waal
 
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Posted by on 26/11/2014 in Content

 

Gem for sale on the Overberg

We assisted the original owner to lay out various units on their farm outside Greyton.

Over the past years one of the owners designed and constructed beautifully newly built luxury destination situated in the Heuningkloof Wine Estates, with just a 10 minute drive from Greyton.  Nestled in its own valley, enjoyed by unparalleled 360 degree panoramic views of the Riviersonderend Mountains and undulating farmlands of the Overberg.

The owners decided to retire and relocate to the UK due to health reasons and this remarkable property is now for sale.

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In these peaceful surroundings, old friends and new guests can enjoy their dream home offering of 3 beautifully appointed luxury bedrooms within the farm house, all with private entrances and stunning views.  Guests will be spoilt with the famous breakfasts on the stoep, next to the pool or in inclement weather, in the GRAND dining room in front of a roaring fire and pampered with country hospitality and warmth.

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In just one year, thanks to its unique undisturbed location, coupled with imaginative planting and creative landscaping, it has attracted and permanently adopted a broad section of wild life from Reebok to Golden Mongoose, a myriad of water birds regularly visit their ponds and a family of Blue Crane stay. This can all be viewed from the house. Being part of the beautiful Heuningkloof boutique Wine Estate, you can  share in wonderful fishing, picnic and swimming facilities on the private owned banks of the Sonderend River.  (Picnic hampers will be made up, just organise your own food). The area is fast establishing its facilities and location as a mountain bikers dream!

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Three self-catering cottages are planned for 2012 offering discerning guests every aspect of affordable, luxury and caring attention to detail.  Nature’s total peace and tranquillity will ensure a memorable stay.

The Facilities:

  • 3 en-suite luxury bedrooms :
  • Room 1 (Poppy) – ground level – King size, Extra Long, Wet room with shower (no bath) with large West facing private stoep.
  • Room 2 (Thyme) First floor, large room with queen bed and one extra single bed. Wet room with shower and bath.
  • Room 3 (Rosemary) First floor, smaller room with queen bed with shower and bath. This room also has a balcony.
  • All bedrooms have own entrance
  • All bedrooms with under floor heating and heated towel rails
  • All rooms equipped with Small fridge, microwave oven and Tea/Coffee facilities
  • TV in bedrooms on request
  • All bedrooms fully equipped with hair dryers, toiletries, etc.
  • Large Swimming pool and deck
  • Lapa with full braai facilities provided (just bring your own food)
  • Two kilometre walks within own perimeter
 
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Posted by on 18/11/2014 in Content

 

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