Trust vs Company vs Joint Ownership in South Africa
Description
Joint property ownership is becoming more popular in South Africa, but many buyers still feel unsure about the best way to structure it. Should you buy in your own names? Form a company? Or go the trust route?
In this episode we break each option down in plain language. We cover everything from decision making powers to bond approvals to liability risks. You will also hear how I personally use all three structures for different purposes in my portfolio.
If you have ever wondered what really happens when co owners cannot agree, when someone stops paying or when a partner passes away, this video will give you the clarity you need.
Drop your questions in the comments so we can explore more of these topics in future episodes. Like, subscribe and hit the bell to stay connected with The Property Corner community.
In this episode:
00:00 Introduction
01:23 Overview of the Three Ownership Options
06:08 Joint Ownership in Personal Names
09:54 Buying Property Through a Company
16:09 Buying Property Through a Trust
19:18 Comparison Cheat Sheet
22:01 Real Life Scenarios
26:58 How I Personally Use All Three Structures
31:17 Key Considerations Before Choosing Your Structure
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