Louwrens Coetzer & Vennote/Partners

WHY NOW IS THE BEST TIME TO BE A PROPERTY PRACTITIONER IN BRAKPAN

By Anne-Mare Pienaar Hello fellow Property Practitioners! Are you feeling a little down about the state of the property market in Brakpan? Well, cheer up because we have some good news for you – now is the best time to be a Property Practitioner in Brakpan! First things first, let’s …

New divorce ruling could affect prenups in South Africa

  The Supreme Court of Appeal (SCA) says separate agreements from an antenuptial contract – or prenup – are valid and enforceable. A prenup governs the matrimonial property system between two spouses and is entered into before a marriage concludes. However, there was recent confusion regarding the validity of separate …

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 …

Asking price calculations become ‘hyper-local’

Once you have taken the big decision to sell your home, the next most critical move is to decide the asking price. And that demands serious thought and attention, says Gerhard Kotzé, MD of the RealNet national estate agency group, because, notwithstanding the recent interest rate increases, incorrect pricing remains …

Despite interest rate headwinds, the residential property market remains resilient

The further increase of 75bps in the repo rate announced by the Monetary Policy Committee yesterday is disappointing for aspirant home owners requiring credit and existing home owners with mortgages, all of whom are already having to contend with the economic impact of severe load shedding, high fuel, and rising …

Wills Month: Ensure your last wishes don’t get lost in translation

‘The drafting of a will is generally the starting point for planning your estate and ensuring that your assets are transferred in accordance with your wishes’: PPS’s Anneke le Roux. By Amanda Visser7 Sep 2022  00:01 AMANDA VISSER: We are already in September, a month by now recognised as Wills Month. There …

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 …

The difference between a non-profit company and a non-profit organisation

The idea of giving and helping others (charity) has been around since the beginning of time. Unfortunately, with the passing of time, and as humans became more evolved, charitable organisations were more often than not used for fraudulent and mischievous purposes rather than furthering their charitable objective. A legal solution …

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