real right definition
real right means any right which becomes a real right upon registration; “registered” means registered in a deeds registry;
real right means a real right registered in terms of the Deeds Registries Act [Chapter 20:15] or the Mines and Minerals Act [Chapter 21:05];
real right means the real right of extension that the SELLER reserves in its favour to erect up to a maximum of 184 units over a period of 20 years in terms of section 25(1) of the Sectional Titles Act, as amended, to be completed in phases as the market dictates;
More Definitions of real right
real right means [delete any of the following that are not applicable]
real right means any right which becomes a real right upon registration;
real right means the right a person has over the property of another and include inter alia a long term lease, servitude, bond;
real right means a right held by a person in immovable property (other than the owner of the property) which limits the owner’s efficient use of the property.