Most buyers treat a deposit as a show of good faith. The law treats it very differently. When a sale collapses because of a buyer’s breach, that deposit may be lost entirely.
Law
A comprehensive estate plan is essential to ensure that we’re on track to leave our loved ones financially secure.
The Constitutional Court recently expanded access to redistribution orders for spouses married out of community of property without accrual, particularly where strict enforcement of an antenuptial contract would produce unfair financial consequences at divorce.
A deck collapsed seven months after transfer. The buyers, convinced they’d been sold a raw prawn, headed to the courts.
Think a disclaimer will protect your business from liability? Not so fast.
Not every difficult manager is a workplace bully, and not every uncomfortable workplace is an unlawful one. But where exactly does the law draw the line?
The administrators of residential complexes tread a fine line. They must implement and enforce conduct rules for the good of the complex as a whole, but without unjustly impinging on the constitutional rights of individuals.
Unpaid levies can leave body corporates out of pocket and out of patience. When conventional debt recovery feels too slow, sequestration may seem like the obvious next step.
The rewards of company directorship come with a caution: the duties and responsibilities imposed on you by the Companies Act need constant management. Drop the ball on that and you could face some seriously negative consequences.
The car you just bought on instalment sale turns out to be a complete lemon. But when you return it to the dealership and cancel the sale, the bank still enforces the finance agreement and sues you for damages.