IMPORTANT COMMUNICATION ON THE OPENING OF 29 FEBRUARY 2024 PDE REGISTRATION

    The PPRA is excited to announce that the PDE scheduled to take place on the 29th of February 2024 is now open for registration on the PPRA portal. A) PDE Registration: The exam registration process will remain open until 02 February 2024. The PDE will be conducted strictly …

IMPORTANT COMMUNICATION ON PDE DATES FOR 2024-2025 FINANCIAL YEAR

This serves to advise stakeholders of the approved PDE dates for the financial year 2024/2025 which commences on the 1st of April 2024. PDE scheduled for 09 February 2024 will proceed as scheduled followed by the following dates: PDE exam date   PDE exam opens for booking/ enrolment/ registration on MyPPRA portal …

Trust-worthy: Trustees, trust administrators, and accountants brace yourselves

After the government promulgated onerous amendments to the Trust Property Control Act (TPCA) on December 22, 2022, and issued regulations for its implementation on March 31, 2023, the Department of Justice and Constitutional Development issued a media statement reminding (informing) the public that these new measures have come into effect …

Using a Dry Trust to safeguard your children’s future outside South Africa

South Africa’s financial uncertainty has prompted many people to look for ways to secure their assets for their children’s future. Recent changes to Sars’ Tax Compliance Status requirements, specifically with reference to exchange control, emigration and Foreign Investment Allowance types, have further fuelled these uncertainties. In simple terms, reporting requirements …

New marriage and divorce laws coming to South Africa

Home Affairs Minister Aaron Motsoaledi says his department is still developing an executive bill regulating all marriages in South Africa – which is cold comfort to those affected by the drawn-out process. Speaking before a portfolio committee meeting, Al Jama-ah leader Ganief Hendricks briefed Parliament on the Registration of Muslim Marriages …

New case deals with how assets held by a trust are handled during divorce

The Supreme Court of Appeal (SCA) handed down its Judgment in an accrual calculation dispute during a divorce, ruling that the trust assets would form part of the couple’s estate for accrual purposes. However, this decision depends on the time at which the trust was created and the circumstances surrounding …

Govt is preparing to take more direct control of the deeds office, and gather better race data

A new Bill seeks to put the minister of agriculture and land reform in direct charge of technical decisions around the Deeds Office. The regulations board currently in charge will remain – but strictly as advisors to the minister. The Deed Registries Amendment Bill also explicitly allows the minister to …

Happenings at the Property Law Committee meeting

The Law Society of South Africa’s (LSSA) Property Law Committee (the Committee) met on 7 June 2022 to consider an array of issues pertaining to its field of expertise. Some of the key issues considered were: Development regarding the Electronic Deeds Registration System The Electronic Deeds Registration Systems Act 19 …

Dementia planning is an important part of estate planning

Loss of mental capacity is a reality of ageing and should not be avoided when constructing your estate plan. 18 August 2022 04:42   /  By  Devon Card – Crue Invest (Pty) Ltd A robust estate plan should include a rigorous set of assumptions and scenarios to ensure that you plan for various eventualities …

How to go from property owner to first-time landlord

  Want to rent out your property or invest in a rental? The Seeff Property Group says going from property owner to landlord requires legal and operational knowledge. While a private individual renting out their own property or an Airbnb unit does not need to register with the Property Practitioner’s …

What happens if you die without a will?

In South Africa, most of the population die without a Last Will & Testament in place. If you die without leaving a valid will, your estate will devolve according to the Intestate Succession Act, 1987 (Act 81 of 1987). This means that your estate will be divided amongst your surviving spouse, children, …