No VAT or Transfer Duty
A once-off purchase secures your home for life, without the taxes and legal fees that come with freehold or sectional title.
You purchase the right to live in your home for life. Here's exactly what that means — and why it's simpler, safer and more affordable than you might think.
A Life Right is a legal agreement, governed by the Housing Development Scheme for Retired Persons Act No 65 of 1988, that gives you the exclusive right to occupy your unit for the rest of your life.
Because the title deed remains with the Kloof Rest Home Association — the community organisation that has held it since 1904 — you never pay VAT, transfer duty or transfer legal fees. Your capital buys your home, not the paperwork around it.
For your family, it means clarity: a transparent agreement, no transfer delays, and no surprises for your estate.
A once-off purchase secures your home for life, without the taxes and legal fees that come with freehold or sectional title.
Your right of occupation is protected by national legislation and held by a 120-year-old PBO — not a developer who may sell up.
Rates, building insurance, maintenance and communal gardens are managed for you, supported by a Maintenance Stabilisation Fund.
The agreement sets out clearly what is returned to your estate — no market timing, no agent mandates, no transfer delays.
The questions we're asked most often — answered plainly. For anything else, just ask.