From 1 March 2019, Conveyancers are required to invest trust funds on behalf of clients in terms of section 86(4) of the Legal Practice Act 28 of 2014 instead of section 78(2A) of the Attorney’s Act 53 of 1979 (as…
This newsflash is an update to our September 2018 newsflash published on this topic. We previously discussed the landmark judgment as handed down by the High Court of South Africa in the Gauteng Local Division, Johannesburg on 12 September 2018…
There has been a lot of uncertainty amongst the courts in respect of the interpretation and application of the National Credit Act 34 of 2005 (the “NCA”) as to amongst other aspects, whether once off credit providers are required to…
A landmark judgment has been handed down by the bench of the High Court of South Africa in the Gauteng Local Division, Johannesburg on 12 September 2018 in respect of various applications heard together (case numbers: 2018/00612; 2017/48091; 2018/1459 and…
For the purposes of this article we will be discussing recommendations on how to deal with immovable property before divorce (in uncontested divorces) and factors to bear in mind for sellers, buyers and agents when dealing with a property owned…
On 21 December 2018 the draft Expropriation Bill, 2019 (the “Bill”) was published in the Government Gazette by the Department of Public Works. The Expropriation Bill is the enabling legislation which is proposed to give effect to expropriation of land.…
CITY OF JOHANNESBURG AND MOGALE CITY PROPERTY VALUATION ROLLS HAVE BEEN PUBLISHED Notice has been given in terms of Section 49(1)(a)(i) of the Local Government: Municipal Property Rates Act, 2004 as amended (the “Act”), that the valuation roll for the…
The South African Budget Speech took place in Parliament on 21 February 2018 as presented by Minister of Finance Malusi Gigaba. The highlights of the budget speech and the proposed tax changes are as follows: Transfer duty remains unchanged. In…
We previously published an article in respect of the case of Singh and another v Mount Edgecombe Country Club Estate Management Association 2 (RF) NPC and others [2016] JOL 35169 (KZD) (the "First Case") discussing amongst others the legality and…