London has beaten New York for the second year in a row as the most important city for the ultra-wealthy, according to Knight Frank’s Wealth Report, an annual analysis of wealth flows and property investment around the world.
South Africa’s land registration system is a comprehensive one, whereby, once a buyer takes transfer and the property purchase registered in their name, they have a real right to that property, says Laurence van Blerck of Knight Frank Residential SA.
While a written lease is not a legal requirement when renting residential property in South Africa, it is recommended that everything be committed to writing.
With house prices in most capital cities becoming beyond the reach of many, a growing number of Australians are deciding to ditch the inner city lifestyle for the more laidback regional centres around the country.
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