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Article courtesy of Law Dot News | Property - Signing a Deed of Sale 12 Questions to Ask Before You Sign That Deed of Sale “Knowledge is power” (old proverb) Whether you are buying or selling property, remember that it is too late to ask questions after you sign the Deed of Sale (often called a “Sale Agreement” or “Offer to Purchase”).Read more

Article courtesy of Law Dot News | Business Law - Company / Corporate Compliance Directors – When Are They Personally Liable? “… for the benefit of immunity from liability for its debts, those running the corporation may not use its formal identity to incur obligations recklessly, grossly negligently or fraudulently. If they do, they risk being made personally liable.” (QuotedRead more

Article courtesy of Law Dot News | Family Law | Credit Law | Debit Recovery The Trouble with Family Loans: A R540,000 Lesson “How sharper than a serpent's tooth it is to have a thankless child!” (Shakespeare) “Family helps family in times of need” - that’s been part of human culture since long before the dawn of history but beRead more

Article courtesy of Law Dot News Buying a Business? Make Sure the Seller Publishes Notice of the Sale “The purpose of the legislature in enacting s 34(1) is to protect creditors by preventing traders who are in financial difficulty from disposing of their business assets to third parties who are not liable for the debts of the business, without dueRead more

“People who complain about taxes can be divided into two classes: men and women” (Anon) How long will you work for the taxman today?Input your salary into the 2019 Tax Clock calculator and find out how many hours you will spend today working for the taxman, and at what time precisely you will finally start working for yourself (warning – it’s not

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“Time is of the essence” (legal phrase meaning ‘speed is essential, there’s a deadline, this is an emergency, hurry up, do it now’ – The Phrase Finder) You sell your house/apartment/office/factory/plot of land. You instruct your conveyancer to pass transfer to the buyer, and start dreaming of what you will do with the proceeds.  But then your lawyer says “Hang

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Note: If you earn over R22k p.m. (the subsidy threshold) or aren’t personally in the market for a house in the “affordable housing” bracket, please think of forwarding this article to someone who might be – perhaps a relative, friend, colleague or employee. You could be helping them take that important first step onto the property ladder! Unless you already own

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Perhaps you are an employee, dreaming of starting up your own business. Or an entrepreneur looking to leverage your practical experience into another successful start-up. Or perhaps you are the CEO of a multinational planning to launch a new venture.  Small business or big, here’s a quick, practical read for you covering “what many spend fortunes hoping to learn in

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Here’s yet another warning from our courts to take seriously the building deadlines commonly imposed on buyers of plots in residential estates. Failure to comply with them could expose you to heavy fines, recurring penalties and even the risk of losing your plot altogether. A Home Owners Association (HOA) imposed “double levy” penalties totalling R105k on the owners of a

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“… it is necessary for an unequivocal message to be sent out that corruption on the part of politicians, especially those holding high office, will not be tolerated and that punishment for those who act as Mr Block has done in this case will be severe” (extract from SCA case below) We are all of us tired of reading about

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