PropertyLane Platform

Hygiene

Bid per m2 against the local median — bid flagged. R40881 per m2 is more than 10 times the R1109 median for this province and tenure

Absolute cap for the size — bid flagged. R18887113 on 462 m2, above the R15000000 cap for residential stock under 500 m2

Gap between bid and derived value — value rejected. the bid is 377% of the derived value, beyond the 150% bound

Provenance

Case opened
Arrears accumulate from about then, and the arrears provision's ceiling ages with the judgment.
2022
Oldest bond registered
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
2020
Reserve is rand-exact
A reserve that is not a round number reads as the creditor's outstanding balance printed as the reserve, where a round one reads as a valuation.
R 18 887 113.00
The firm's live book
The attorneys on record execute other live sales too. Panel volume, and a portfolio-clearance flag when the lots cluster in one area.
2 sales in this census