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When is a Mortgage Loan Suspensive Conditions Fulfilled

More often than not deeds of sale are made subject to a suspensive condition providing that the approval in writing must be obtained from a financial institution, on its usual terms and conditions, for a mortgage loan in respect of the purchase price or balance...

Swimming Pool Nets

The draft regulations of 10 March 2011 were published that would have required owners of swimming pools to either enclose their pools with a fence or wall that will prevent a 7 year old or younger from being able to access the pool or to...

Validity of Unregistered Antenuptial Agreements

Section 86 of the Deeds Registries Act 47 of 1937 (the Act) provides inter alia that an antenuptial contract must be registered, failing which it shall be of no force or effect as against any person who is not a party thereto (see ex parte...

What Constitutes the Signature of the Parties

There is no definition of a signature of deeds and documents in our law. In general there is no particular mode or form required, provided the person intends it for his/her signature. Initials only have been held to be sufficient (In re Trollip, 12 S.C....

Advice To Property Sellers

Below are nine important matters to consider when selling your property: 1. BOND CANCELLATION AMOUNT1.1 PENALTY INTEREST Penalty interest is often overlooked and an important factor to take into consideration whencalculating the expected proceeds on your sale. “Notice Penalty” All the major banks’ terms and...