Real Estate Investor Magazine South Africa Real Estate Investor Magazine - May 2017 | Page 21

RESIDENTIAL
Residential vs Commercial
The Key Differences
KARL BISHOP
HEAD OF SANTAM SPECIALIST REAL ESTATE
“Santam Specialist Real Estate will launch
a commercial sectional title product at
the start of April this year, as well as two
innovative products aimed at assisting real
estate developers, which will be available
from mid-2017.”
www.reimag.co.za
MARINA CONSTAS
DIRECTOR, BBM ATTORNEYS
“The Community Schemes Ombud Service
(CSOS) will ultimately provide a world class
alternative dispute resolution platform, pro-
viding education and consumer campaigns
which will empower schemes, owners, trus-
tees and directors, and which will cement
transformation and better access to justice
for all.”
JOHANNES DU PLESSIS
LEGAL ADVISOR, RISK BENEFIT SOLUTIONS
“We generally see a significant spike in flooding
claims at this time of year. In the case of flood-
ing-related third party claims against a property
owner, an insurer might well refuse to pay for
damages if it is found that the owner did not
make every effort to control the flow of storm-
water.”
MAY 2017 SA Real Estate Investor
17