Property regulation in South Africa : paving the way for regulation in Lesotho / Mpho Tsepiso Tlale

• Main Author: Tlale, Mpho Tsepiso
• Language: en
• Published: 2015
• Subjects: Lesotho; South Africa; Land; Leasehold; Freehold; Fragmented property holding; Housing policy; Ownership; Management; Sectional titles; Exclusive use area; Unit; Common property; Developer; Body corporate; Share block scheme; Share block company; Use right; Housing interest; Time-share; Retirement scheme
• Online Access: http://hdl.handle.net/10394/15609

Rapid growth of cities has become a trend in most countries, this is caused by urbanisation wherein people move from the rural areas to the urban areas in search of employment. It goes without saying that such population needs housing. However, it is unusual to find land for housing in an already crowded place. Therefore, to curb this shortage in housing, countries like South Africa have resorted to adoption of fragmented property holding in and around the cities. Thus, in an attempt to curtail housing shortages in the urban area as well as land shortage, communal property schemes were adopted together with their governing legislation namely, Sectional Titles Act 95 of 1986, Share Blocks Act 59 of 1980 and Property Time-sharing Control Act 75 of 1983 to name a few. Likewise, Maseru, the capital city of Lesotho is also experiencing rapid growth in population. Hence, with the introduction of Lesotho’s Sectional Titles Bill 2013 came a ray of hope that the land and housing shortage in Maseru would be addressed. With this in mind, this suggested that the Government of Lesotho together with all concerned stakeholders thought it necessary to address this problem through the 2013 Bill which, for the most part follows the South African Sectional Titles Act of 1986. It is for this reason that this study was embarked on to show other forms of property holding akin to sectional titles as well as their regulation, which can all be used to eliminate housing shortages in Lesotho. === LLM (Estate Law), North-West University, Potchefstroom Campus, 2015