In South Africa thousands of property transfers take place on a daily basis. People purchase land to live on, to conduct business on or merely to keep as an investment. Here are some of the steps typically involved in the transfer of a residential property: An offer...
Are you providing credit or deferring payment for goods or services? Are you charging interest on your clients’ accounts? Are you providing credit to employees? Section 3 of the National Credit Act 34 of 2005 (as amended) encouraging responsible borrowing,...
The sale of a business has more repercussions than just the transferring of ownership, as it has a significant impact on the employees of the business too. New ownership and new management may well lead to restructuring and job losses. 1.Common law principle When a...
Most people understand the importance of having a Will, but many of them overlook a crucial aspect; the appointment of an executor. Settling an estate may seem like a relatively easy task and in many cases executors are nominated without careful consideration of the...
If you are, we would like to draw your attention to benefiting your business by promoting fair business practices and creating peace of mind for your customers. What/Who is the Consumer Goods and Services ombud? The “CGSO” is the independent ombud scheme for the...
While it may be common knowledge that dependants of a deceased who passed away in, or as a result of a car accident, has a right to claim from the Road Accident Fund (RAF), a ground-breaking judgment delivered by the Gauteng High Court provides a new perspective on...
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