Thursday, October 10, 2013

Join our Facebook group

We're on Facebook, not sure if you know.
This means that you can be sure of getting your law and property information within your social circles and on Facebook mobile. It's part of our effort to keep Mc Naught and Company up there with you, feeding you relevant information and keeping you up to date on the latest news.
Here's the link to our Facebook group which you can join:
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And of course we have our website as well with it's useful property transfer costs and mortgage bond affordability calculator here.

October newsletter published

Our October newsletter is out and it contains important information affecting property buyers and sellers. Click on the pic to enlarge it and read...

For the reasons set out in our newsletter, here is the suggested wording of a clause that should be inserted in sales agreements to afford property buyers with some form of protection against rates department claims arising after transfer. Of course it does not help if the seller has had his money and bolted, but this is the best one can do in the face of the Council's wide power to grab money from the property owner:
"The Seller hereby guarantees and indemnifies the buyer against any claim existing or that may arise in the future by the local authority in respect of any rates and taxes on the property. In the event of such a claim arising, the Seller undertakes to pay same forthwith on request or to re-imburse the Purchaser with any amounts paid in respect of such claim."

Saturday, October 05, 2013

Into the blue

Standard Bank's recent golf day was an opportunity for Mc Naught and Company partner and pilot Dave Mc Naught to offer a complimentary intro flight over Durban which was won by Leroy Pieters. Despite difficulty waiting for a good day with the weather, Leroy was soon up in the air over Durban for his first flight ever in an aeroplane. Leroy admitted that he was terrified to go at first but soon got used to the idea and after the flight said it was not as scary as he imagined.
Standard Bank's Leroy Pieters in the passenger seat of Sling ZDL

Leroy Pieters and pilot Dave Mc Naught over Durban

It was rather cloudy but ZDL took off and was soon winging it's way around the harbour