Property

October 8, 2019

TRANSFER DUTY: VALUATION CONSIDERATIONS

Section 2(1) of the Transfer Duty Act[1] imposes transfer duty on the value of any property acquired by any person by way of a transaction, or […]
October 24, 2018

SPECIAL TRUSTS

The Income Tax Act[1] includes specific provisions for “special trusts”. These trusts are taxed on the same sliding scale applicable to natural persons, which could be […]
January 25, 2016

AUDIT CERTIFICATE FOR PROPERTY TRANSFERS AND BONDS

In order for a Conveyancing Attorney to register a bond, or transfer a property on behalf of a company or trust, they require an Audit Certificate. […]
September 21, 2015

IS THE BUYER OF AN IMMOVABLE PROPERTY RESPONSIBLE FOR PAYING THE SELLER’S OUTSTANDING MUNICIPAL ACCOUNT?

Are buyers of property responsible for the payment of outstanding municipal debt run up by the previous owner of the property? The short answer is “Not […]