24 01, 2019

Collecting sectional title levies when payment is past due

2019-01-24T11:30:26+00:00January 24th, 2019|Commercial Law, Sectional Title|0 Comments

The collection of levies from owners in members of sectional title units are the bane of the lives of most managing agents and trustees of bodies corporate. The most common way of collecting levies is by way of the issue of summons.  In other words, the managing agent instructs an attorney, on behalf of a [...]

23 01, 2019

What Is Common Property

2019-01-23T10:25:18+00:00January 23rd, 2019|Commercial Law, Sectional Title|0 Comments

A sectional title is a property divided into sections, of which each section is owned privately. Last week we touched on common property within a sectional title, and what the common property entails. This week we will go into a little more detail regarding common property, and what this property is in the legal sense. [...]

23 01, 2019

Home Owners Can Sell Property From Under Tenants

2019-01-23T10:23:07+00:00January 23rd, 2019|Commercial Law, Sectional Title|0 Comments

Tenants beware: the homeowner can sell his property even if it happens to be leased out to a tenant. However, this is good news for those that own a sectional title whom are no longer able to pay off their mortgage, bond or levies. Levies are paid by the owners of the sectional titles belonging [...]

12 07, 2018

Non-Compliance By South African Businesses

2018-07-12T11:32:36+00:00July 12th, 2018|Commercial Law, Debt Collection, Insolvency, Sectional Title|0 Comments

Has your business kept abreast of all the regulatory legal updates that form the commercial law framework in South Africa? If not, you (as the business director) as well as your business, could land in hot water. Repercussions can range in anything from significant fines to mandatory jail sentences and company liquidation. Compliance with the current [...]

12 07, 2018

What Is A Sale In Execution?

2018-07-12T09:37:24+00:00July 12th, 2018|Commercial Law, Debt Collection, Sectional Title|0 Comments

An individual’s credit history sometimes catches up with them. The occurrence is no more prolific than in the property market, and many a homeowner in South Africa has had their home taken away from them because they have failed to pay their home loan or bond. When this occurs, the practice is called ‘a sale [...]

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