LEGAL MATTERS: Diligence key when purchasing property

SOME discussions are just worth repeating because some readers appear not too keen on the advice that this column gives, and yet mistakes that I have warned against continue happening.
In early 2006, I warned readers about the inherent dangers that one may face when negotiating an agreement of sale.
However I have realised that most of the disputes, pending before the courts continue to revolve around sales of immovable property.
My own further investigations have subsequently confirmed that, week in and week out, our courts are saturated with disputes of this nature as well as a sizeable number of divorces.

Advertisements

Upon further reflection and pondering, I also realised that, the business of selling houses or land has become a safe playing field for conmen who also include some dubious estate agents.
The police are inundated with complaints emanating from victims swindled of their hard-earned income by these uncouth el

Subscribe to The Financial Gazette

This is premium content. Subscribe to read article.

Subscribe Today

Gain access to all articles. Subscribe Today.

Related posts

LEADERSHIP MINDSET COACHING: Fostering entrepreneurial leadership for growth

TAX MATTERS: Zimra’s pay-now-argue-later principle

TAX MATTERS: Transfer pricing: Emerging trends

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More