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Inspired by Lind (2009), [9] Oust and Hrafnkelsson (2017) created the following housing bubble definition: "A large housing price bubble has a dramatic increase in real prices, at least 50% during a five-year period or 35% during a three-year period, followed by an immediate dramatic fall in the prices of at least 35%. A small bubble has a ...
Registration does not depend on the validity of the underlying causa, as South Africa applies the abstract system of transfer of real rights. [ 113 ] The mortgage agreement, governed by the law of contract, is an undertaking to secure the underlying principal debt by passing a mortgage bond over immovable property in favour of the mortgagee.
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This is a list of acts of the Parliament of South Africa enacted in the years 1950 to 1959. South African acts are uniquely identified by the year of passage and an act number within that year. Some acts have gone by more than one short title in the course of their existence; in such cases each title is listed with the years in which it applied.
Colombian popstar Shakira visited some of South Africa's new and revamped real estate developments while in the country for her 2010 World Cup performances. Her stay in the luxurious penthouse of ...
The Prevention of Illegal Eviction from and Unlawful Occupation of Land Act (PIE) [1] is an act of the Parliament of South Africa which came into effect on 5 June, 1998, and which sets out to prevent arbitrary evictions.
Homeowners are trimming prices to revive buyer interest, which has dropped off amid record price highs and elevated mortgage rates. The median home price fell 1.3% year-over-year, hitting $429,990.
Section 9(1) allows proceedings for the compulsory sequestration of a debtor's estate to be instituted by a creditor (or his agent) who has a liquidated claim against the debtor for not less than R100; or; two or more creditors (or their agents) who in aggregate have liquidated claims against the debtor amounting to not less than R200.