THE VALUE OF YOUR PROPERTY CAN BE ZERO!!!

Should your home not comply with SPLUMA and the applicable By-Laws, the value can be zero, until all requirements have been met.

 

What is SPLUMA?

National legislation that came into operation on 1 July 2015, namely THE SPATIAL PLANNING AND LAND USE MANAGEMENT ACT 16 OF 2013 (SPLUMA).  To bring this national legislation closer to “home” the different local municipality issued By-Laws, which addresses specific applicable “law” locally.

 

What is the impact?

The impact of the above is severe, as many changes were made, and in order to become compliant, an owner will need to incur costs and time to rectify the “wrongs” in their Property and the following needs to be in order:

  1. Up to date, “as-built” Building Plans in terms of the National Building Regulations;
  2. Land use rights;
  3. If extensions were made to a Sectional Title Unit, you need to have up to date Sectional Plans;
  4. All outstanding monies paid to the Council by the owner;
  5. Proof of payment of any contravention penalty or proof of compliance with any By-Laws.

 

Who attends to the above process?

What properties are covered under SPLUMA?

All properties:

  • Full Title
  • Sectional Title
  • Agricultural Holdings
  • Farms

 

Should you require assistance, do not hesitate to contact Fuchs Roux Inc. for their already set-up team of professionals to assist with all needs set out above.

 

FUCHS ROUX INC

TEL: 012 342 7911

EMAIL: info@frlaw.co.za or hannelie@frlaw.co.za