A significant number of South Africans are finding it challenging to honour their debt obligations, thereby resulting in some being declared over-indebted. To curtail this state of affairs, the National Credit Act places an obligation on credit providers to undertake affordability assessments before granting credit to consumers.
The Property Practitioners Act 22 of 2019 (the PPA) places an obligation on sellers to disclose to prospective buyers whether or not there are defects on the property before the purchaser buys the property. In fact, a disclosure form is now compulsory where the seller must disclose such information.
When dealing with trusts, a recent case sheds light on the intricacies and legal principles involved.
The finalization of a divorce is often perceived as the closing of one chapter and the commencement of a new, separate life for former spouses.
The Trustees of a Body Corporate are entitled to launch legal action where the unit owner is not honouring their obligations towards utility accounts and levies. Incidentally, the entitlement flows from section 4 (1) of the Sectional Titles Schemes Management Act 8 of 2011, and Prescribed Management Rule 25.
The far-reaching impact of the COVID-19 pandemic, which unfolded in early 2020, undoubtedly left an indelible mark on global affairs.
When goods embark on a journey from one location to another, a multitude of risks emerges. Owners find themselves pondering whether their goods will reach their destination unscathed, contemplating scenarios involving theft or malfunction.
The law in South Africa provides for couples to choose the type of matrimonial property system they prefer when entering into marriages. For those who prefer to be married out of community of property, it is required that they execute a valid Antenuptial Contract before entering into the marriage.
In South Africa an Antenuptial Contract (ANC) ought to adhere to certain prescribed formalities to be recognised as legally valid. This is very important in many respects, as spouses may later find out after so many years that the Antenuptial contract they thought was valid was, all along, not valid.
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