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Miltons Matsemela October Newsletter

Category NEWSLETTER

How the "Historical Rates" Judgement Affects You

Municipalities used to force new property buyers to pay the seller’s “old” municipal debts (rates, municipal services etc). So you could buy a house thinking that all you had to pay was the purchase price and transfer costs, and end up having to pay old municipal debts run up by previous owners.

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Author: Miltons Matsemela

Submitted 02 Oct 17 / Views 83