How the “Historical Rates” Judgment Affects You

A recent Constitutional Court judgment held that municipalities can no longer force a new property buyer to pay the seller’s “old” municipal debts for rates, municipal services etc.
Before that judgment, you were at risk of buying a house thinking that all you had to pay was the purchase price and transfer costs, and then later finding out that you were also in for historical municipal debts that had been run up by previous owners.
A lot of money could be a… …read more