Ppi- Pretoria East Region

14/09/2022

14/09/2022

BUYERS DON'T JUST ACCEPT A TICK LIST. DISCLOSING THAT THERE IS MOULD 'IS NOT ENOUGH'-
The Property Practitioners Act (PPA) is in full effect, replacing the outdated 1976 Estate agency affairs act 112.
The new PPA includes a host of positive changes that will protect and benefit consumers as well as the property industry as a whole. A 'property practitioner' will now not only include estate agents, but bond originators, home inspectors, as well as other professionals within the property industry.
While a "disclosure form" detailing the full state of a property has been standard practice for some years since the Consumer Protection Act (2011), it will now be law under the new PPA for a property disclosure signed by parties to be included in the Offer to Purchase.
In addition, no mandate may be accepted by an estate agent without a comprehensive property defects disclosure form. If no disclosure form is signed and attached, the PPA provides that the agreement must be interpreted as though no defects or deficiencies of the property were disclosed to the purchaser.
What does this mean?
While a professional Home Inspection is not mandatory, full disclosure of all known defects must be undertaken. This places a lot of responsibility on both the seller and the estate agent to have a good understanding of all aspects of a home in order to disclose all defects in detail. A Home Inspection done by an independent Property Inspector makes good financial and professional sense. Property Inspection Reports can be used as a disclosure document, highlighting the current state of the property at the time of inspection.
Buyers should not just accept a disclosure form or tick list. They should question information disclosed on the form, ask by whom and when the form was completed. Double check any information that does not make sense or is incomplete. For example: Disclosing that there is Mould is not enough – the disclosure should tell you where it can be found, how long it has been there and what is the cause.
While the Certificates of Compliance (CoC) are a legal requirement, they are not comprehensive.( Our services also include CoC'S)
A plumbing CoC for example, does not include leak detection or moisture issues, whereas a property inspection does.

06/09/2022

NOT HAPPY WITH YOUR LEVY/
Here are several important maintenance requirements arising from the Sectional Title Schemes Management (STSM) Act which apply to Sectional Title buildings. The practical objectives are to promote more formalised, long-term, and consistent maintenance planning and implementation, backed by commensurate budgeting and financial management...
There are several important maintenance requirements arising from the Sectional Title Schemes Management (STSM) Act.
The practical objectives are to promote more formalised, long-term and consistent maintenance, planning and implementation, backed by commensurate budgeting and financial management. Estate agents will confirm that better-maintained buildings achieve a better first impression and sales price, also that the risk of special levies in poorly maintained buildings has been a disincentive for potential buyers, not to mention a serious concern for existing owners.
This new legislation aims to address these issues which have a direct bearing on property value creation as well as living standards in the property.
The first important requirement of the new legislation is for a documented 10-year maintenance plan to be prepared and presented at the Annual General Meeting (AGM).
Our custom-made maintenance plan includes all major maintenance items (such as electrical, plumbing glazing, windows and waterproofing) and that the cost of repairing, replacing or maintaining these items over a 10-year period is also mapped out.
Buildings with potentially more complex maintenance requirements will require a specialised maintenance plan. We survey the property and compile the necessary 10-year maintenance plan. Our custom made a written plan, presented annually, will facilitate better maintenance planning and implementation. In addition, the plan will assist the Trustees to account to the members at the AGM for maintenance expenditure.

Request a quote on a 10-year maintenance plan for your sectional title property. We will gladly quote you for a 10-year maintenance plan as is required by the Sectional Title Schemes Management Act.
CALL JOHAN PIENAAR ON 083 272 3808
OR CLICK HERE AND COMPLETE THE FREE CONSULTATION FORM-
https://www.professionalpropertyinspectors.co.za/sectional-title

02/09/2022

SELLING YOUR HOME? | THERE ARE UP TO 5 COMPLIANCE CERTIFICATES TO BE OBTAINED!
Get expert property advice!
It is always recommended that sellers get their inspections done at the listing stage and then they will know what they are in for in terms of repairs. In addition, although it is usually required that the seller should provide the purchaser with the certificate by no later than the date of transfer, it is best that the inspection and remedial work is at least done before occupation by the purchaser and better still even earlier, as most banks now request a copy for purposes of clearance of the bond for lodgment.
CONTACT JOHAN PIENAAR-PRINCIPAL PRETORIA EAST
CELL NO-083 272 3808
[email protected]
Or visit our website- https://www.professionalpropertyinspectors.co.za/freeconsultation

02/09/2022

SELLING YOUR HOME? | THERE ARE UP TO 5 COMPLIANCE CERTIFICATES TO BE OBTAINED!
Get expert property advice!
It is always recommended that sellers get their inspections done at the listing stage and then they will know what they are in for in terms of repairs. In addition, although it is usually required that the seller should provide the purchaser with the certificate by no later than the date of transfer, it is best that the inspection and remedial work is at least done before occupation by the purchaser and better still even earlier, as most banks now request a copy for purposes of clearance of the bond for lodgement.
CONTACT JOHAN PIENAAR-PRINCIPAL PRETORIA EAST
CELL NO-083 272 3808
[email protected]
Or visit our website- https://www.professionalpropertyinspectors.co.za/freeconsultation