A defaulting mortgager is when a person (mortgager) borrowed money from a financial institution (bank) to buy a property, and then breaches (default) the loan agreement (mortgage), which may lead to the sale of that property.
Property practitioners in South Africa have been identified as potentially vulnerable to money-laundering and terrorist financing (TF) activities. This was revealed by the FIC (Financial Intelligence Centre) in their recent Assessment of the inherent money-laundering and terrorist financing risks impacting the real estate sector report.
Need to get food to your family in KZN? Drop off at Seeff Properties Edenvale
16 Jul 2021
Seeff Edenvale has a truck available that will be escorted to Durban (for drop off in Pietermaritzburg and Umhlanga) and is calling on anyone who would like to get food parcels to their families to drop them off at Seeff Edenvale by 5pm on Tuesday, 20th July.
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