Tag Archives: Property

Deemed Accruals Can Seriously Disrupt Your Cash Flow – A Tax Lesson for Property Developers

A recent Supreme Court of Appeal (SCA) judgment has confirmed a view that our courts have held for a long time – namely that when a property developer enters into an agreement with a buyer to transfer the property, even … Continue reading

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Sectional Title Owners Beware: Your Body Corporate Must Have Adequate Reserves

Recent legislation has been passed which obliges trustees of sectional title schemes to set up a reserve for repairs, maintenance and asset replacement of the common property. This is in addition to the current administration requirement to cover future operating … Continue reading

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