Coffee With Us: Dispelling Myths About Property Inheritance in South Africa: What Foreign Buyers Need to Know
Dear Clients, As conveyancing attorneys and advisors in the South African property market, we feel compelled to address a concerning trend that has come to our attention. Some estate agents and attorneys are misleading first-time foreign property buyers with false claims about what happens to their assets if they pass away without a South African […]
When Does a Property Defect Justify Cancellation? A Costly Case of Buyer’s Remorse
“Buyer’s remorse” is a well-known phenomenon that’s led many a property buyer to cast around desperately for a means, any means, to escape the sale they’ve just tied themselves into. Be careful here – cancelling a sale without sound legal grounds will be a very costly mistake. To illustrate, we discuss a recent High Court […]
Why You Should Check That Your Estate Agent is Registered With the PPRA
Be certain that any estate agent you employ is both competent and trustworthy. You’re entrusting them with a major asset and, as we discuss in this article, not every “agent” out there is necessarily genuine. As for the fakes, their incompetence is often matched only by their dishonesty. A recent warning from the PPRA (Property […]
BFFs no More: The Verbal Agreement That Cost R1 Million
Not everyone knows that the verbal agreements we make every day are, with very few exceptions, every bit as valid and enforceable as formal written contracts. We’ll discuss the dangers of that with reference to a recent High Court fight between two ex-friends over a R1m payment made by one of them to the other’s […]