New Ventures Consulting & Services has been in operation since 2002. We have concluded in excess of 11,000 successful transactions saving Rates Payers & Property Owners staggering amounts of money when transferring property. New Ventures Consulting & Services was one of the pioneers in properly implementing the correct interpretation of Section 118 (1) of the Municipal Systems Act after it was amended in 2001.
New Ventures Consulting & Services acts for most of the major banks, transferring attorneys, estate agents and property groups.
We perform a detailed audit of the Municipality’s claims. We work very closely with the Municipality in order to agree to the correct amounts and settle the debts. If need be we will institute legal action to protect our clients at our own cost.There is no up-front cost . We recover our fees out of the savings created.
Our services include:
The reduction and settlement of clearance figures in order to obtain a Clearance Certificate in term of Section 118(1) of the Municipal System Act for ALL TYPES OF TRANSFERS.
The reduction and settlement of the outstanding historical debt in terms of Section 118(2) & Section 89 of the Insolvency Act to ensure that the full outstanding debt is settled in the case of LIQUIDATIONS OR SEQUESTRATIONS.
The reduction and settlement of the OUTSTANDING HISTORICAL DEBT in terms of Section 118(3).
Lastly, we have incorporated a brand-new value add to our service offering: we have partnered with a bridging finance company and can also offer bridging finance on the amounts payable to the municipality. Furthermore, there may be no extra cost for the bridging finance as well, as the cost for bridging finance is usually recovered out of the savings that we create.
New Ventures obtained Court Orders in the South Gauteng High Court in 2004, regarding the interpretation of Section 118(1). Thereafter these matters were settled amicably. For many years, New Ventures and the various Municipalities have enjoyed a harmonious working relationship.
New Ventures’ expertise in this area resulted in it working closely with Municipalities in order to assist them with accurate billing and collection of debts.
The above audit is concluded within the parameters of the Law, Municipal Policies and By-Laws, Supreme Court and Constitutional Court Judgments.
MUNICIPALITIES RECENT CHANGE OF APPROACH:
In the later part of 2013 certain Municipalities changed their practice and adopted a new collection strategy. These municipalities inexplicably began to hold the new owners of a property liable for the debts incurred by the previous owner/s. To compound the above some Municipalities took the law into its own hands by:
Disconnecting the supply of electricity to the new owners and reducing the flow of water to properties, notwithstanding the fact that the current owners didn't owe the municipality for their consumption and/or refusing to supply electricity to new owner's after the property was registered in their name. All without valid Court order condoning its actions.
On becoming aware of this unlawful practice New Ventures addressed numerous letters to the Municipality advising them that its conduct was unfair, unlawful and unconstitutional. New Ventures urged the Municipality “to do the right thing”, failing which New Ventures would be forced to approach the High Court of South Africa for relief.
It is clear that the Municipality’s are not fulfilling it’s Constitutional obligation to comply with its enabling legislation and its own by-laws and policies.
New Ventures could no longer stand aside in the face of the Municipality’s unlawful practice, bullying tactics and inhumane attitude towards rate payers and owners. It was clear that often property owners do not know their rights and/or do not have the finances to approach the High Court of South Africa when subjected to this unlawful conduct.
On becoming aware of this unlawful practice New Ventures addressed numerous letters to the Municipalities advising them that its conduct was unfair, unlawful and unconstitutional. New Ventures urged the Municipalities “to do the right thing”, failing which New Ventures would be forced to approach the High Court of South Africa for relief.
It was clear that the Municipalities were not fulfilling its Constitutional obligation to comply with its enabling legislation and its own by-laws and policies.
New Ventures could no longer stand aside in the face of the Municipalities unlawful practice, bullying tactics and inhumane attitude towards rate payers and owners. It was clear that often property owners did not know their rights and/or do not have the finances to approach the High Court of South Africa when subjected to this unlawful conduct.
Notwithstanding, all the above certain Municipalities have failed dismally to comply with their obligations as set out in the various acts and judgments.
It is incredible that certain Municipalities had the audacity to “blackmail” new owners to pay the previous owners debts because it failed to collect the amounts that were due and owning in terms of the Acts and their own By-Laws.
It is significant to note that the Municipality is fully aware of the Electricity Act as well as the Constitutional judgment regarding the supply of electricity as a basic human right and commodity.
We are of the view that their refusal to supply new owners with electricity and/or disconnect owners that do not have a debt is outrageous. New Ventures is committed to assist all and/or any person that is faced with the same problem.New Ventures will undertake all the above at their own risk and cost. It is imperative that persons and/or entities are not blackmailed into paying debts that do not belong to them.