TRANSFER DUTY Transfer duty is payable by the purchaser on the acquisition of immovable property or the acquisition of a real right in immovable property or the enhancement of the value of immovable property by the removal/renunciation of a restriction…
It has become common practice to sell immovable property directly from a deceased estate, that is of course provided it is not contrary to the wishes of the Testator as per the Last Will and Testament, and provided the beneficiaries…
DO YOU SEE THESE EXCEPTIONS IN BOND DOCUMENTS AND CONTRACTS AND WONDER WHAT THEY MEAN? These are defences which can be raised by a debtor or defendant against a claim to repay a debt. They are inserted in contracts or…
Due to the unfortunate current economic climate that we as South Africans find ourselves in, coupled with financial constraints brought about by an all-time high unemployment rate, tenants are defaulting on their rental payments at an unprecedented rate and consequently,…
What is a domicilium address and what is the importance thereof when contracting? Domicilium citandi et executandi is the Latin term for the residential address which parties choose for the delivery of any legal notice or document that has to be delivered in…