The experts answer your frequently asked property-related questions for the COVID-19 lockdown. |
There is something poetically beautiful yet daunting about the entire world going through this unprecedented time. As frightening as what the COVID-19 is, it is also proof that we can all come together and unite. During this time, you will find experts giving advice, health workers doing their very best to heal those in need and everyone just going the extra mile to make sure that their fellow neighbour is taken care of. In the spirit of helping each other, we would like to do our part in answering some property-related questions that you might be having. We are all trying to navigate our way through this pandemic, and it is important to note that the information we are supplying is relevant for now – things are constantly changing and with that, information too. The national lockdown has left many ‘’property buyers, sellers, tenants and landlords seeking answers about how they should proceed over the 21-day period. |
Below are a few of your FAQ’s: Q: What happens if I was planning on moving? Q: If a seller decides he no longer wishes to sell, is it possible to cancel the deal? Same with a buyer who no longer wishes to go through with the purchase? Q: Can all the necessary paperwork be done digitally so when the lockdown is lifted, everything is in place?
Q: Are there any legalities people should consider during this lockdown that’s property-related? |
Q: What happens if a lease for a residential property is about to or has already expired during the lockdown? Q: Can a tenant use the security deposit to pay for the pro-rata rent for a residential property? Q: Are there any rules I should adhere to if I live in a complex? Q: If I was looking to buy a home, should I stop my search until the lockdown is over? |
Q: What happens if a lease for a residential property is about to or has already expired during the lockdown? Q: Can a tenant use the security deposit to pay for the pro-rata rent for a residential property? Q: Are there any rules I should adhere to if I live in a complex? Q: If I was looking to buy a home, should I stop my search until the lockdown is over? |
Courtesy of Private Property & Mike Greeff, CEO of Greeff Christie's International Real Estate |
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