Just received this in my in-box! I'm publishing it here as a service to the industry.

----- Original Message -----
From: Michelle Dickens
Sent: Wednesday, May 28, 2008 8:14 PM
Subject: [TPN] Rental Property Legal Seminar



RENTAL PROPERTY LEGAL SEMINAR 2008





TPN is proud to host our annual Property Legal Seminar

An invitation to all TPN members - Property Managers, Landlords, Agents, and other interested parties.

TPN remains committed to providing our industry with access to professional and relevant industry information.

We have partnered with Fullard Mayer Morrison Inc. for the 2008 Seminar.


Don't miss this opportunity to get a practical compact session

AGENDA INCLUDES:


Charging interest, penalties and default administration charges


Terminating a monthly lease on notice


Cancelling a lease for breach


Practical aspects of the landlord's tacit hypothec


Working with letters of demand


Reporting a defaulting tenant to the credit bureau: the new rules


Section 31 rent interdict summonses


Section 32 rental attachments


Commercial and residential evictions


Extra-judicial evictions considered


Capita selecta of certain practical aspects: liquidation, sale of building etc


Review of recent court cases and legislative developments impacting on leases




Where and When?

Date:
19th June 2008

Time:
08:30 for 09:00 - 16:30

Venue:
The Theatre on the Track

Address:
1 Monza Place, Kyalami Business Park, Midrand

Cost:
R600 (excl VAT) per delegate







EACH DELEGATE WILL RECEIVE A DOCUMENT PACK COVERING THE SUBJECT MATTER DISCUSSED

Space is strictly limited and is on a first come, first served basis.


Should you indicate that you wish to attend, a confirmation of registration document and invoice will be despatched by e-mail.


If you have any queries, don't hesitate to contact Michelle or Delia on 0861 876 000, or email them at info@tpn.co.za.

A horror story reported in the SOWETAN today.

Horror Story

News from the US of A

Home sales unexpectedly rise in April

By MARTIN CRUTSINGER, AP Economics Writer

On Yahoo News

 

 

 

WASHINGTON - Sales of new homes rose in April for the first time in six months although the unexpected increase still left activity near the lowest level in 17 years.

 

The Commerce Department reported Tuesday that sales of new homes rose 3.3 percent in April to a seasonally adjusted annual rate of 526,000 units.

 

But the government revised March activity lower to show an even bigger drop of 11 percent to an annual rate of 509,000, which was the weakest pace for sales since April 1991. Economists believe that new home sales will remain weak for some time as the housing industry struggles with falling prices and rising mortgage foreclosures, which are dumping even more homes on an already glutted market.

 

The Commerce report showed that the median price of a new home sold in April dropped to $246,100 in April, down 4.2 percent from April 2007.

 

A separate report showed home prices falling during the first three months of this year at the sharpest rate in two decades. The Standard & Poor's/Case-Shiller index fell 14.1 percent in the first quarter compared with a year earlier, the biggest year-over-year decline since the index began in 1988.

 

The Commerce report on new home sales showed the April rebound was led by a huge 41.7 percent surge in sales in the Northeast. Sales were up 8.3 percent in the West and 5.8 percent in the Midwest. The only region which saw a decline in sales in April was the South, where sales fell by 2.4 percent.

 

The inventory of unsold new homes edged down slightly to 10.6 months' supply at the April sales pace, compared with 11.1 months in March. However, the April level was still about double the inventory level that was normal during the five-year housing boom.

 

That boom ended in 2005 and since that time the housing industry has been struggling in a tough environment with falling sales and prices and rising mortgage defaults.

 

Economists believe that home prices will remain under pressure until the sizable level of inventories is worked down to more manageable levels. Many analysts don't expect to see a rebound in prices until sometime next year.

 

CHARL HEYDENRYCH
 
Brookfield Investments 158 (Pty) Ltd 
DIRECTOR
 
21 Rose Street, Florida 1710
PO Box 2447, Florida Hills 1716
Tel  011 672 9019 • 082 637 3710
Fax  011 472 0510
Email  proplib@tiscali.co.za
http://realestategoingson.blogspot.com/

 

http://goldmanstokvel.angelfire.com/

Real Estate Agents Galore!

http://www.yellowpages.co.za/search.jsp?query=Estate+Agents&location=johannesburg

Get your money back!

CLAIM back your SKILLS DEVELOPMENT LEVY
BENEFIT from TAX REBATES and CASH GRANTS



Skills Development Levy

As your Skills Development Facilitator I will help you to claim back up to 50% of your Skills Development Levy by:

Ø Developing and submitting a Workplace Skills Plan (WSP) which complies with SETA (Sector Education Training Authority) guidelines:
- Linking skills needs with corporate objectives.
- Analysing your workforce.
- Analysing your training needs.
- Developing a plan to meet your equity objectives.
Ø Advising you on the implementation of your Workplace Skills Plan and establishing systems to track training costs and activities, etc.
Ø Drafting an Annual Training Report (ATR) on the implementation of the Workplace Skills Plan (WSP) according to SETA specifications:
- Within prescribed deadlines.
- Approved by relevant stakeholders.
- Employment Equity compliancy (if appropriate).
Ø Registering you as a provider of training (if appropriate).

Tax Rebates & Cash Grants

As your Learnership Consultant I will help you to benefit from government rebates and grants in respect of training by:

Ø Showing you how apply for learnerships as a Lead Employer and shave thousands off your taxable income per trainee placed on a learnership programme (existing or new staff).
Ø Helping you with your quality assurance and accreditation requirements needed to implement learnerships and claim tax rebates.
Ø Assisting you to obtain training grants for training in key skills.

Contact me and I will send you a copy of the application form.Brookfield Investments 158 (Pty) Ltd DIRECTOR 21 Rose Street, Florida 1710PO Box 2447, Florida Hills 1716Tel 011 672 9019 • 082 637 3710 Fax 011 472 0510Email proplib@tiscali.co.zahttp://realestategoingson.blogspot.com/

New kid on the block

Check this one out : Smartsell - www.smartsell.co.za

OVERFLOW EXAMINATION

 

This serves to advise all stakeholders that the Estate Agency Affairs Board has scheduled an Overflow Examination, to be conducted under the old education curriculum, for all prospective candidates who previously wished to write the examination but who, due to the overwhelming demand, could not be accommodated.

 

 

This examination will take place, country-wide, on 10 July 2008. Successful candidates will be granted full status as estate agents pursuant to the old regulations. Such candidates will, thereafter, be able to proceed, in the normal course of events, to have that prior learning, as well as any other relevant prior learning, recognised and assessed pursuant to the RPL arrangements that are provided for in the new regulations.

 

 

The EAAB believes that this latitude will, undoubtedly, benefit the many persons who are still seeking to gain full status as estate agents under the old regulations and will, also, serve as a useful transitional arrangement for the introduction of the new Outcomes Based dispensation for estate agents.

 

Study material for the Overflow Examination is available at the EAAB.

 

Contact me and I will send you a copy of the application form.

EXAMINATION CENTRES: OVERFLOW EXAMINATION: 10 JULY 2008

 

BENONI

Beula Park Conference Centre

Essex Street

TUNNEY

 

BLOEMFONTEIN

Bobbiespark Sports Club

Hanna Road

Fichardtpark

BLOEMFONTEIN

 

CAPE TOWN (GOODWOOD)

His People Centre

His People Church

Corner Joe Hattingh and Sollie Streets

Goodwood

N1 CITY

 

CAPE TOWN (PAROW)

UNISA

Jean Simonies Street

PAROW

 

DURBAN

Ocean Conference Centre

121 Lower Marine Parade

DURBAN

 

GEORGE

George Municipality

York Street

GEORGE

 

JOHANNESBURG

UNISA Conference Centre

2 Vinton Road

Ormonde Ext 1

JOHANNESBURG

 

NEWCASTLE

Dutch Reformed Church Hall

Corner Wolf, Jakkals and Leeu Streets

Amajuba Park

NEWCASTLE

 

PIETERMARITZBURG

Hall A1

UNISA

1 Long Market Street

PIETERMARITZBURG

 

POLOKWANE

Westernburg Hall

Corner Ben Harris and Buys Streets

Westernburg

POLOKWANE

 

PORT ELIZABETH

Abraham Levy Centre

Barris Walk

Glendenningvale

PORT ELIZABETH

 

POTCHEFSTROOM (TLOKWE)

The Administrative Buro

Reformed Church

Corner Meyer and Mollen Streets

POTCHEFSTROOM

 

PRETORIA (TSHWANE)

George Bou Conference Centre

234 Visagie Street

Corner Andries Street

PRETORIA

 

UPINGTON

Protea Hotel

24 Schroder Street

UPINGTON

 

VANDERBIJLPARK

Vaal University of Technology

Andries Pretorius Boulevard

VANDERBIJLPARK

 

Contact me and I will send you a copy of the application form.

Brookfield Investments 158 (Pty) Ltd 
DIRECTOR
 
21 Rose Street, Florida 1710
PO Box 2447, Florida Hills 1716
Tel  011 672 9019 • 082 637 3710
Fax  011 472 0510
Email  proplib@tiscali.co.za
http://realestategoingson.blogspot.com/

 

http://goldmanstokvel.angelfire.com/

Mass Exodus?

It was reported (on page 9 of Cape Argus on May 10, 2008) that Bill Rawson, chairperson of Rawson Properties, has taken issue with at least four estate agency leaders regarding their public statements on the so-called mass exodus of agents from the industry.

He says almost all the statements he has seen have been irresponsible and have been based on unreliable figures or, in some cases, on pure speculation.

"It may be that the drastic loss of agents from the industry quoted by some reflects the situation in their own companies, but that scenario is not supported by the only reliable source of statistics on this matter, the Estate Agency Affairs Board," he said.

It was reported that Rawson says the EAAB's "commendable and highly factual" advertisement in the Sunday Times that set out the problems the board is encountering and the mistakes agents make in their efforts to register, reveals that 42 868 agents are registered with the EAAB.

To this figure, he says, could be added anything up to 20 000 other agents who in many cases have paid their deposits to the board (R9-million received payments have still to be allocated) but who have not yet received their certificates.

"There are a host of reasons for the delays in registration," says Rawson. "In some instances the postal services have let the board down badly. In others the board itself has accepted that it has fallen behind. Then again it has to be realised that the application or renewal systems are complicated."

Rawson says the EAAB will have to catch up with the latest technologies and introduce web-based initial applications and renewal debit payments, and he has no doubt the vast majority of estate agents will welcome this.

"The temporary difficulties outlined so pertinently by the EAAB should not, however, obscure the fact that the board is working hard to remedy the registration crisis and has employed extra staff for this purpose.

I (the author of this site) believe that these problems will be vastly eclipsed by the new qulification requirements being itroduced. If they (EAAB) do dot improve their systems December 2011 will leave the industry in a shambles

Rawson furthersr said "The difficulties should also not make us forget that the industry has held on to 60 000 agents, most of whom are perfectly capable of riding out the current slowdown and have no intention of leaving. I estimate that right now for every three agents leaving the profession a further two are joining it. The 'exodus' is, in my view, a massive exaggeration. It is not taking place.

"The new franchise model adopted by many big agencies is attracting a more qualified and competent type of applicant to the industry than has ever been seen before. Property marketing is now regarded by many as a challenging, worthwhile career suited to those with an entrepreneurial spirit."

SHARE YOUR VIEWS - Is there an exodus? Have the numbers of practicing agents been reduced by the tightening of the market?

This article was originally published on page 9 of Cape Argus on May 10, 2008

It was reported in the Sunday Times today (11 May 2008)

that house price growth is at an eight-and-a-half year low. This is indicated by the April results of the ABSA House Price Index.

Growth slowed to 6.8% year-on-year (in the middle section of the market)- down from 7.6% in March. It was further reported that this was the fourth consecutive month of single digit growth in nominal house prices since the 11.2% growth recorded for December 2007.

ANC Today -10 May.

Housing and human settlements

(They say)Positive results are emerging in the implementation of the comprehensive programme
dealing with human settlement and social infrastructure. Banks have indicated that
R35 billion has been released for financing housing development and ownership. The
upward movement of interest rates has however eroded the affordability of housing.

An inclusionary housing policy has been finalised and implemented across private and
publicly driven housing development. Multiple housing projects that are designed as
mixed use and mixed income housing developments serve to ensure cross subsidisation
and achieve inclusionary housing objectives.

Over 100,000 units are planned in projects such as Cosmo City, Olievenhoutbosch,
Chief Albert Luthuli and Mogale (Gauteng), Bendor and Lephalale (Limpopo) and
Klarienet (Mpumalanga). At the same time, a voucher system for building materials in
rural areas to support the self-build initiative is being investigated by the
Department of Housing. The Rental Housing Act has been amended to improve the
regulation of tenant-landlord relations.

Looking for property - check these sites out.

www.cyberprop.com
www.sundaytimesproperty.com
www.real-estate-south-africa.com
www.cellproperty.com
www.propertygenie.co.za
www.funnelproperty.co.za
www.propertytrader.co.za
www.property24.co.za
www.mls.co.za

Used any of these? - Please give us feedback, write a comment.

Test

X

CHARL HEYDENRYCH
 
Brookfield Investments 158 (Pty) Ltd 
DIRECTOR
 
21 Rose Street, Florida 1710
PO Box 2447, Florida Hills 1716
Tel  011 672 9019 • 082 637 3710
Fax  011 472 0510
Email  proplib@tiscali.co.za
http://realestategoingson.blogspot.com/

 

http://goldmanstokvel.angelfire.com/

Should we be thankful?

It is reported (Manto Tshabalala-Msimang 05 May 2008 - Briefing document released by Minister of Health May 5 2008 - Social Sector Cluster briefing document:

That positive results are emerging in the implementation of the comprehensive programme dealing with human settlement and social infrastructure. To date, financial institutions (Banks) indicate that R35 billion has been released for financing housing development and/or ownership.

A housing policy has been finalised and implemented across private and publicly driven housing developments. Housing projects that are designed as "mixed use" and "mixed income" housing developments will ensure cross subsidisation and achieve inclusionary housing objectives. Over 100 000 units are planned in projects such as Cosmo City, Olievenhoutbosch, Chief Albert Luthuli and Mogale (Gauteng), Bendor and Lephalale (Limpopo) and Klarienet (Mpumalanga).

At the same time, a voucher system for building materials in rural areas to support the self-build initiative is being investigated by the Department of Housing. (This one I think has promise - CH)


The Rental Housing Act has been amended to improve the regulation of the tenant-landlord relations (ag, more regulation - who needs it - CH).

Anyone use this portal?

This is how they invite you:

"Come Home to PropertyHome . PropertyHome has a wonderful suite of offerings for every active player in the Property Industry. Come in – connect, buy, sell, rent, let, find and click your way through.….” http://www.propertyhome.co.za

What is neat is that they give you a 3-moth free trial period. That should be enough to even sell the property.

Give us some feedback of your experience here. I'm going to market a property here - I'll let you know how it goes...

(I have no relationship or interest in this website - in fact they don't even know about me writing about them - just thought that my readers should know about it!).

BTW - the Florida flat has been sold - an ad on Privateproperty did the trick (I must say it was well priced too!) Hope the buyers manage to get the bond. But Karien at .............. always comes through for me!

Free Assessor Training for Agents

If you are an experienced agent/principal - there is a shortage of qualified assessors in the real estate industry - to alleviate the situation the Services Seta is sponsoring free assesseor training. This is a three day event that equips you to assess the portfolios of other agents. If this is something that you are interested in, talk to me.

Charl Heydenrych
082 637 3710