Reversion of a Sectional Title Real Right of Extension back to The Land Register
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We were consulted by a client who had acquired the real right of extension in an industrial sectional title scheme where he initially planned to develop a further phase on the portion of land over which the Real Right lay. Section 25 of the Sectional Titles Act, No. 95 of 1986 ( Sectional Titles Act ) provides developers the opportunity to reserve a real right of extension when opening a sectional title register. This enables a developer to develop the sectional scheme in phases, as desired or as dictated by market conditions.