New property owners and historical municipal debt
Category Industry News
Breaking news for all new and prospective property buyers!
Today the Constitutional Court declared section 118(3) of the Local Government: Municipal Systems Act, 2000 constitutionally invalid.
This section provides that an amount due for municipal services provided on any property is a charge upon that property and enjoys preference over any mortgage bond registered against the property.
Author: Bisset Boehmke McBlain Attorneys