New Caps On Foreigners Acquiring Farm Land | 24 March 2017

The Regulation of Agricultural Holdings Bill was published for public comment on Friday of last week. The Bill sets as its aim, to “foster conditions which enable citizens to gain access to land on an equitable basis” and to “redistribute agricultural land more equally”. It determines, amongst other things, that: Foreigners may no longer acquire […]

Must I Register Even If I Lend Only R1 000? | 14 March 2017

The National Credit Act sets out the requirements that detail when a person lending money to another must formally register with the National Credit Regulator. Before the recent amendments to the Act, registration as a credit provider was only necessary when the principal debt owing to that money lender exceeded R500 000, or if that […]

Witnessing A Property Sale Agreement | 13 March 2017

Must a sale agreement of land bear the signature of a witness in order to be valid? No, there is no such requirement in our law although it is generally advisable to have witnesses sign the agreement to facilitate proof, should it become necessary, that the signatures that appear are those of the seller and […]

Deeds Office Delivery Delays | 10 March 2017

There is a backlog at the Cape Town deeds registry regarding delivery of registered deeds. Our offices are now receiving delivery of deeds registered as far back as October 2016. Please bear this in mind should you be awaiting your title deed for any further dealings with your property. We have received confirmation from the […]

2017 Budget News | 22 February 2017

Minister of Finance, Mr Pravin Gordon, delivered the National Treasury’s budget for 2017/2018 this afternoon. The following amendments stand out: Super Tax Bracket (Individuals) – 45% on income above R1,500,000 p.a. Trust Tax Rate increased to 45% (from 41%) Increase to Effective rate of Capital Gains tax for Trusts / Super Tax Bracket Dividends Tax […]

Level three water restrictions | 28 November 2016

A reminder of the City of Cape Town’s Level 3 Water Restrictions that have been in place since 1 November 2016. Herewith the City’s notice setting out the details of the restrictions. Should you require more information, contact your STBB Conveyancer.

Deeds offices closure times over festive season | 22 November 2016

The Cape Town and Pretoria Deeds Offices have communicated the following changes to usual operations over the festive season: Last day to lodge to register in 2016: 9 December 2016. Last day for lodgments this year: 15 December 2016. Last day for registrations this year: 22 December 2016. Deeds Office closure: 23 December 2016. Deeds […]

Historical rates no longer new owner’s problem! | 08 November 2016

The Municipal Systems Act provides in section 118(3) that so-called ‘historic debt’, i.e. debt relating to a property which is older than two years, remains a charge against the related property. Our courts have confirmed that the implication is that a new owner of such property can therefore be held liable for such debts. The […]

New office in Fourways | 30 June 2015

We are excited to announce that on Monday last week, for the convenience of our valued clients and business associates, we have opened a new office in Fourways at the following address: Shop 2 Fourways Junction Corner William Nicol and White Hills Boulevard Fourways Fax to email number +27 (0) 86 596 3783 Please use […]

OMAR AL-BASHIR: SHOULD WE HAVE LET HIM GO?

On Monday 15 June at around midday, in clear daylight and in clear contravention of an interim order handed down by the Pretoria High Court the previous day, Sudanese president Omar Al-Bashir departed our shores in his (private) jet plane. Should the government have let him go? The legal answer to this question is a […]