July Newsletter: Property Held By a Company

Buying Property from a Company – Should You Buy the Shares or the House?

Buying the house of your dreams presents you with much excitement but also with a number of choices.

For example, if the property is held in a company the seller might offer you the choice of buying the company shares. That way you effectively get ownership of the house without all the delay and cost of a regular property transfer. What should you do?

We discuss some of the main factors you should consider, and also address the old question of whether you could save yourself a bundle of money by avoiding transfer duty.

We end off with a note on buying property from a trust - read more here.

Read our full July newsletter here.

• Spousal Maintenance After Divorce and the “Clean Break” Principle

• R4m Damages for a Workplace Sexual Assault

• Bodies Corporate: Before You Sequestrate to Recover Arrears

• Your Website of the Month: How to Plan and Hold Virtual Board Meetings

---

The information provided herein should not be used or relied on as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your professional adviser for specific and detailed advice.

© DotNews. All Rights Reserved.