Streaming issues? Report here
Temp 702 logo 1000 x 1000 2020 Temp 702 logo 1000 x 1000 2020
Best of 702
00:00 - 04:00
volume_up
volume_mute

Up Next: Early Breakfast with Africa Melane
See full line-up
Best of 702
00:00 - 04:00
Home
arrow_forward

Bad news for property owners

16 February 2016 1:43 PM

The Supreme Court of Appeals has ruled that new property owners will now be liable for historical debt dating back to 30 years.

Property owners will now end up owing large sums of money to municipalities in debt incurred by previous owners dating back up to 30 years.

Bobby Bertrand’s property lawyer and director, Bowman Gilfillan, says the Supreme Court of Appeal (SCA) has given a shocking ruling for home owners.

Before one can register a transfer one has to provide a registrar with a deeds clearance issued by the municipality.

Bobby Bertrand’s property lawyer and director, Bowman Gilfillan.

The SCA ruled last month that new property owners can be held liable for historic debts dating back three decades.

Gilfillan said as the law stood, before a seller was liable only for debts incurred over the past two years for electricity, water and other services, and 30 years for rates in terms of section 118 of the Local Government Municipal Systems Act in order to obtain a clearance certificate.

The matter is heading to the Constitutional Court.


16 February 2016 1:43 PM