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Selling Immovable Property cornwall viewIssue 5 2018 SELLING IMMOVABLE PROPERTY CORNWALL HILL COLLEGE CELEBRATES 20 YEARS °éó¡{byóµ\¡µæé CONTENTS How to prepare for Selling Immovable Property 4 Security Members 8 The Big Picture 10 Cornwall Hill College 12 Top 20 Travel Destinations 14 Service Providers 16 Smalls/Important Numbers 18 • Cover photograph by Ivan Muller Cornwall View focuses on the Cornwall VIEW FROM THE TOP Hill Country Estate. The magazine is This is already the 2nd last issue delivered to the gate of the Estate. The of the magazine for the year… magazine is co-ordinated and published how time has flown and what an by Estates in Africa (Pty) Ltd on behalf eventful, roller coaster year it has of the Home Owners Association been so far! of Cornwall Hill Country Estate. The opinions of co-workers and personnel Ramaphoria has turned into of Estates in Africa (Pty) Ltd do not Ramageddon - to quote The necessarily reflect those of the HOA of Guardian, the economy is in a the Cornwall Hill Country Estate. recession, the Rand has crashed, again, the uncertainty of land 'reform' continuous with no idea PUBLISHER yet what to expect and every Nico Maritz day the radio and newspapers E-mail: [email protected] disclose more and more shocking revelations of greed, corruption EDITOR for Estates in Africa (Pty) Ltd and mismanagement in the Kathy Thersby almost decade long misrule of the E-mail: [email protected] 'one who laughs while grinding his enemies.' And if you thought EDITOR for Cornwall Hill Country Estate things couldn’t get any worse, the Ivan Muller - Cell: 082 454 8487 elections are next year, so brace yourself! Unfortunately, I still haven’t received any matric E-mail: [email protected] dance photos from the school so my apologies Fortunately, summer is upon us and in for their absence in this month’s issue. I can SALES & MARKETING MANAGER November we get a chance assure the readers it’s not Martin Fourie - Cell: 072 853 8405 to show that our generous “Conquer the angry one through lack of trying and I will E-mail: [email protected] characters are untouched by by not getting angry; try my best to include it in the all the negativity surrounding conquer the wicked by next issue. Perhaps one of our SALES EXECUTIVE us, by once again opening goodness; conquer the residents knows someone who Lyndene Marilli - Cell: 073 997 1274 our wallets and purses for the stingy by generosity, and knows someone who knows [email protected] Cornwall Hill Xmas fund in aid the liar by speaking the someone at the school that can of our loyal staff. truth.” - Buddha help speed up the process? PRODUCTION Chris Grant - 011 327 4062 Please be generous! I leave you with these wise words of an old E-mail: [email protected] Swedish Proverb: In this issue we have well known and long time “Fear less, hope more, eat less, chew more, DESIGN resident Nina Antoniou of BuySell estate agents whine less, breathe more, talk less, say more, Leonardo Lupini explaining the finer points of the preparation sellers should do before marketing their love more and all good things will be yours.” E-mail: [email protected] property through an agent. Regards, PRETORIA OFFICE Regular advertisers, like BuySell, is what keeps Martin Fourie: 072 853 8405 our magazine going and for that I give them a big thanks on behalf of the readers! JOHANNESBURG OFFICE Ivan Tel: 011 327 4062, Fax: 011 327 4094, This year also marks the 20th anniversary of Now Media Centre, 32 Fricker Road • the Cornwall Hill College build on 25 hectare of Illovo • Johannesburg land donated by the Van der Byl family. Read all www.eiapublishing.co.za about it here. 4 Cornwall View • Issue 5 2018 LIFESTYLE HOW TO PREPARE FOR SELLING IMMOVABLE PROPERTY BY NINA ANTONIOU ’ve been a resident of Cornwall Hill since approved on plan. This includes internal changes as December 2001 and a Real Estate Principal agent well. The banks will not grant a loan on a property Isince 1997. Every year, just when you thought that has additions that were not approved by the you’ve learnt everything, another curveball comes Council. Please make sure that you also have an your way. The sale of immovable property is a fairly updated occupation certificate which needs to be straightforward process but there are many factors issued by the building inspector, after any additions that can hinder the sale and cause unnecessary have been done to the dwelling. delays which results in one or both parties being extremely unhappy and sometimes even cancelling It’s crucial that all swimming pools are also the transaction. added to your building plans. I have come across many swimming pools that were built without Below I will elaborate on some of these factors: plan approval and without the sign off of an engineer. Some pools have been built in areas with AVOID BOND CANCELLATION, PENALTY FEES unfavourable soil conditions and the Council has In most cases, homeowners who want to sell their instructed the Sellers to close up the pool. property are more than likely to have a bond that they need to cancel with the bank that financed the OCCUPATION DATE AND OCCUPATIONAL RENT purchase of their home. Costs and payment of the Make sure that occupation date is stipulated in the bond cancellation will be the responsibility of the offer to purchase, as well as the occupational rent. seller. Most sellers are unaware that they need to Most Sellers prefer occupation to be on registration give their bank notice of their intent to sell and in but should there be a delay in the transfer and the turn cancel their bond finance. Most of the financial Purchaser moves in sooner, then occupational rent institutions are now charging every seller who has a is payable. If the amount is not stipulated from bond, a 90 day early termination charge if the seller the beginning, it can cause friction between both wishes to cancel the bond prior to the completion parties. of the bond term (which is usually a 20 year period, depending on the terms agreed upon). It is possible ITEMS WHICH ARE INCLUDED AND EXCLUDED. for sellers to avoid paying the cancellation penalty, Always remember to give your Estate Agent a list by giving the bank 90 days’ notice of their intention of what stays and what goes. For example, are to sell and cancel the home loan. curtains included, does the DSTV dish remain, will the pot plants be left behind, speakers, pool BUILDING PLANS cleaning equipment, fitted jungle gyms and any Before putting your house in the market, make sure appliances? Everything that will be included your building plans are in order. By this I mean that with the house must be in writing, as well as any you need to make sure that everything you have fittings that will be removed when the house built or added on, are on plan and that the building is sold. These will need to be mentioned when plan is stamped by the Council as well as the Home listing your property with an agent. Please note, Owner’s Association. Make sure that the building air conditioners are a fixture as they are normally plans are “as built”. Some Sellers have added on fixed to a wall but if the Seller intends on removing patios, entertainment rooms, domestic’s quarters them once the house is sold, then this needs to be through the years and not had them drawn and stipulated in writing. Nina Antoniou is Principal Sales Agent for the residential sales and rentals agency, BuySell. She is married to Pambos, a building contractor, and they have 3 children and a granddaughter. For more information, pleaase call Nina on 082 963 1994. • Image by Ivan Muller Photography 082 454 8487 www.ivanmullerphotography.com Cornwall View • Issue 5 2018 5 ,EE>ϴϮϯ 7+(0,;'5,9( (9(5<7+,1* /(*(1'$5< 0L['ULYH 7:((7#&KULV)OHWFK#DOB\RXUBSDO#/XQGLB.KRLVDQ ttt͘D/y&D͘K͘ t,d^WW͗ϬϴϰϴϮϮϬϵϯϴ ESTATE NEWS INTRODUCING OUR FROM L-R: SELLO MADIBANE SOLLY BALOYI • Woks at Main Gate • Works at contracter's entrance • 15 years service with Bidvest Protea Coin • 6 years service with Bidvest Protea Coin • Single with 5 children • Single with 2 children • Hobbies: Soccer, running and travel • Hobbies: Soccer, reading, interestered in most sporting activities 8 Cornwall View • Issue 5 2018 ESTATE NEWS SECURITY GUARDS JACOB TEKANE MATOME MAKHUDUBELA PROMISE NDLOVU • Senior shift manager • Security patrols • Reaction officer • 13 years service with Bidvest Protea Coin • 9 years service with Bidvest Protea Coin • 8 years service with Bidvest Protea Coin • Married with 2 sons • Single with 2 children • Married with 5 daughters • Hobbies: Soccer, rugby and travel • Hobbies: Soccer and movies • Hobbies: Soccer and music Photographed by Ivan Muller www.ivanmullerphotography.com 082 454 8487 Cornwall View • Issue 5 2018 9 THE BIG PICTURE GATHERING STORM CLOUDS & WINDMILL, SMITHFIELD, FREE STATE, 2016 Photographed by Ivan Muller www.ivanmullerphotography.com 082 454 8487 10 Cornwall View • Issue 5 2018 THE BIG PICTURE Cornwall View • Issue 5 2018 11 CORNWALL HILL COLLEGE ust before the turn of the century, Cornwall Hill College reflect the estimated needs of the College in every way, has opened its doors to some 380 pupils, ranging from Grade continued to expand at a phenomenal rate, yet still reflects J0 to Grade 9. Pupil numbers have continued to climb the neo-colonial style which characterises every building at and we presently have over 1800 pupils enrolled at Cornwall the College.
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