![[Title]](/Portals/25//SunBlogNuke/-1/affordability-assessment-guidelines-south-africa.jpg "Affordability Assessment - How Far Should Credit Providers Go?")
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.
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Posted by Cor van Deventer on Monday, December 4, 2023 Views: 28
![[Title]](/Portals/25//SunBlogNuke/-1/property-sellers-disclosure.jpg "When Dishonesty Bites Back - Selling Property")
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.
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Posted by Cor van Deventer on Tuesday, November 28, 2023 Views: 84