“Death knocks at all doors alike” (John Dunton 1692) Sooner or later we must leave our families to face life without us, and of course these are particularly dangerous times for us all. Make sure that your own affairs are
Is your Will Valid?
Is your Home-Business Legal?
The sharp upsurge in businesses operating remotely as a result of the pandemic lockdowns means a lot more people working from home – most presumably in low-profile home offices, but inevitably some in the form of full-on business activities from
Voluntary Company Liquidations – Should you consider?
If a company’s debts are running out of control, the Directors’ may be held liable in their personal capacity if that company continues to trade. It is therefore that many companies choose to formally liquidate their company and distance themselves
Expropriation without compensation – The impact on Banks and Mortgage Bonds
Expropriation without compensation, the phrase on everyone’s lips. On 27 February, the National Assembly passed a motion which mandates a Constitutional Review Committee to review Section 25 and the issue of expropriating land under the Constitution. Section 25 of the Constitution
Little protection if you sell without approved building plans.
Sellers should not solely rely on the protection of the “voetstoots” clause if they don’t have approved building plans. It seems as if there is a growing legal shift away from the protection the voetstoots clause offers for pre-owned property
How long should a property transfer take?
Most certainly one of the most frequently asked questions a conveyancer get, is how long will the transfer take? Each and every property transfer is unique and therefore the facts of each transfer first has to be assessed in order
The Agreement of Sale and what to look out for – Part 2
We have discussed the importance of a deed of alienation (Agreement of Sale / Accepted Offer to Purchase) in Part 1 of the Agreement of Sale publication. There are still other clauses of paramount importance which we should look out
The Agreement of Sale and what to look out for – Part 1
According to section 2 of the Alienation of Land Act 68 of 1981, no alienation of land shall be of any force or effect unless it is contained in a deed of alienation, signed by the purchaser and the seller.
Should I donate or sell my property to a sibling?
It is common that parents in their will bequeath property to their children. Often the parent during his/her lifetime wishes to transfer the property to his/her child without letting the child pay for the property. This constitutes a donation and
The Tax-man’s involvement in a property sale
We have come to note of the term “Transfer Duty”, but what is it exactly, who pays it when and how much? If Transfer Duty is payable on all property transfer where the purchase price of the property exceeds the