Property Law and Conveyancing Glossary
The person who lets out a property to someone else. Afrikaans - Verhuurder
A latent defect on the other hand is one that cannot be seen or ascertained during the course of a normal property inspection.
The power or ability to be the bearer of rights and duties
A person to whom the testator has bequeathed a specific thing or general things or a sum of money, that is, a specific bequest.
A person who occupies a property (also known as a tenant) but does not own it and pays rent in return. Afrikaans - Huurder
The person who rents out a property to someone else. Afrikaans - Verhuurder
|Levy Clearance Certificate|
A person's long-term and short-term financial obligations. Afrikaans - Aanspreeklikheid
Where a person has improved someone else’s property or has incurred certain expenses in respect thereof he may retain possession of such property until the debt due to him has been discharged it is the right to retain possession.
|Limited Real Right|