Property can provide much more than just a roof over your head – it can also be an excellent investment for you, your family, and your business. But it’s becoming increasingly expensive, and for some first-time buyers the only way to bring it within reach is to pool resources and buy jointly with a friend or partner.
News
A tragic High Court case, in which a cruel twist of fate took a mother before her instruction to a bank to draw a proper will for her could be implemented, illustrates the danger of thinking “it can wait”. It can’t…
It may seem like overkill, and illogical to boot, to insist on a family loan being recorded in a formal contract. But in fact it’s the only logical course of action to take, as we shall find out in the context of a court fight between a daughter and her parents over a R540k “loan”.
As a company director you are not normally at risk of being sued for the company’s separate debts in your personal capacity, but there are exceptions. Both creditors and directors should always bear them in mind.
Buying or selling property puts a lot of your money at stake, so it’s no time to take chances.
As pandemic restrictions ease around the world, many businesses forced by lockdown to “go remote” are torn between returning to…
There is a pervasive myth that in South Africa you can’t be held to a verbal agreement. In fact the opposite is true, and with only a few exceptions contracts do not have to be written down and signed to be fully valid and enforceable.
What happens when a body corporate, in trying to trace a leak while carrying out its duty to properly manage the sectional title scheme, is refused access by a “recalcitrant” owner?
Divorce can be a costly and traumatic process, and if you and your ex-spouse are still co-trustees of your family trusts afterwards, you may well find the situation untenable.
Whether you are buying a property or selling one, it is vital to plan financially. In particular, work up a cash flow plan before you commit yourself to anything so that you know what you have to pay, and when. You certainly don’t want to be taken by surprise with an unexpected expense.