Browsing by Author "Van Schalkwyk, C. L."
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- ItemA critical analysis of the role of the developer in sectional title developments(Juta Law, 2008-01) Van Schalkwyk, C. L.; Van der Merwe, C. G.The introduction of sectional titles in South Africa has opened the door for developers to explore new opportunities in property development and to reap considerable profits in the expanded real estate market. Since sectional title developments can comprise residential units, offices, shops, commercial and industrial units and especially mixed schemes, the opportunities are endless. The developer plays an essential role in the creation process of a new sectional title scheme. Much of the success of a development depends on his performance during these initial stages. Sectional title legislation has to curb developer abuses and protect purchasers and sectional owners against malpractices. However, these measures should aim to balance in an equitable fashion the interests of all the parties concerned.