SECTIONAL TITLES

Property Ownership in South Africa

All land is surveyed (Immovable Property)

  • Diagram
  • General Plan
  • All land is registered in Deeds Office
  • Exceptions provided for in the Act (Movable Property)
  • Antenuptial Agreements
  • Notarial bonds (Registered over movable property)
  • Real rights

 

Property Classifications

  • Erf (Lot/Stand)
  • Farm
  • Agricultural Holding (Plot) – Old Transvaal
    • Excision

 

Underlying Ownership (how owned)

  • Freehold (Erf X / Farm Y)
  • Leasehold (qualified ownership – 99 years)
  • Sectional Title Property
    • Body Corporate
    • Management rules (some may be amended/substituted)
    • Conduct rules (fully amendable and substituted)

 

Share Block Scheme

  • Use Agreements

 

Time Share Forms

  • Sectional Title (e.g. 1/52 share)
  • Club System
  • Lease

 

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