Property FAQs

Q. What is the difference between the Stand size of a property and the GLA of the property?

A. The stand size refers to the entire size of the stand on which the property is situated. This includes building and land surface area.

GL...
Q. What is the difference between a Property Appraisal and a Property Valuation?

A. Real estate appraisal, property valuation or land valuation is the practice of developing an opinion of the value of real property, usually its...
Q. Can I apply to rezone my property and if so, how?

A. Yes you can rezone a property in certain instances. The best, most effective, and cheapest way in the long run is to us the services...
Q. What are the different classes of Zoning on a property?

A. The separation or division of a municipality into districts, the regulation of buildings and structures in such districts in accordance with the...
Q. Capital Appreciation vs Rental Income

A. An investor buys a property (Residential or Commercial) which will be rented out until it appreciates sufficiently to sell at a profit. Fi...
Q. What is a triple net lease?

A. A lease in which the lessee pays rent to the lessor, as well as all taxes, insurance, and maintenance expenses that arise from the use of...
Q. Do I pay VAT OR TRANSFER DUTIES on a property transaction?

A. The transfer of immovable property in South Africa is either subject to transfer duty or VAT.
Q. I want to purchase a property to operate my new business; however there is a lease agreement in place with the current owner and his lessee. Can I still purchase the property and start my new business when transfer has taken place?

A. Huur Gaat Voor Koop - refers to the situation whereby a property, subject to a lease, is sold to a purchaser and a te...
Q. What classifies a good location when purchasing a commercial/industrial property?

A. When assessing the feasibility of a location, ask yourself the following questions: