Co-ownership of property

Understanding the detail about co-ownership of property will put you in a position to assist and guide your clients

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Course By: Growth in Motion

ABOUT THE COURSE


CPD Accreditation detail

Professional Body: IOBSA

CPD hour allocation: CPD Hours (online learning): 2 CPD hours   

CPD Accreditation Number: IOB156

COURSE DESCRIPTION

Co-ownership is becoming increasingly common in South Africa. Due to the economic climate, it can be challenging to enter the market, especially as a first-time buyer. As a result, more people are choosing to purchase property with a friend, family member or even a colleague.

Understanding the detail about co-ownership of property will put you in a position to assist and guide your clients and identify the business (sales) opportunities as a result of this life event.

Learners will gain sufficient and appropriate knowledge and understanding of:

  • What is co-ownership
  • The co-ownership agreement
  • Elements of a co-ownership agreement
  • Responsibilities of co-owners
  • Implications and risk of co-owners
  • Death of a co-owner
  • Other factors to consider
  • Case studies
  • Advatanges and disadvantages of co-ownership
  • Termination of co-ownership
  • Sales opportunities
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