While property has the capacity to generate an income for the investor, there may come a time when you, the investor, wish to cash the investment in and move on. What happens then, if the property you wish to sell is currently tenanted? More specifically, what are your legal obligations to the tenant in these circumstances? Section 71A of the Residential Tenancies Act 1995 (SA) requires that the … [Read more...]
Small But Oh So Important: “Certificate of Title”
What is a Duplicate Certificate of Title and why is it important? A Duplicate Certificate of Title is the official document evidencing ownership of real property. The face of the document includes a description of the property, who holds ownership and any liens, encumbrances or easements which may be held over the property. The Duplicate Certificate of Title is identified by a Volume and Folio … [Read more...]