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South African Real Estate

r

There are definitions relating to "r" awaiting approval...

rate cap - Periodic caps limit the periodic adjustments, and life caps limit the max...

rates clearance certificate - A clearance certificate issued by the municipality or town council. ...

real property - Land and any improvements that are permanently attached, such as a home, ...

real right - A right over or in respect of property. Real rights are registered agains...

refinancing - The process of paying off one loan with the proceeds from a new loan that...

registered right - A right over a property registered in a deeds office against the title de...

registrar of deeds - The Minister appoints a Registrar Of Deeds in accordance to the Deeds Reg...

registration of transfer - Registration of transfer is the South African method of recording indispu...

repayment plan - An agreement between a lender and a borrower who is delinquent on his or ...

reserve auction - An auction in which the seller reserves the right to establish a reserve ...

reserve price - The minimum price that a seller is willing to accept for a property to be...

residuary beneficiary - A residuary beneficiary is one of the people who will share in the residu...

resolutive condition - A clause in the contract of sale to the effect that the contract will bec...

restrictive conditions of title - Conditions stipulated and registered in the title deed of a property proh...

reverse mortgage - A financial tool which provides seniors with funds from the equity in the...

right of pre-emption - A contractual right entitling a person to make the first offer to purchas...

risk - Risk is all the good and bad things that can happen to the property. From...

risk-based capital - The amount of capital necessary to absorb losses throughout a hypothetica...

rules - In terms of sectional title schemes, there are both management rules and ...


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