Beware of poorly worded “Bond Clauses” June 22, 2012November 7, 2016 Park 2000 Development (Pty) Ltd v Page (905/2010) [2011] ZASCA 208 (29 November 2011) This recent court case dealt with the “bond clause” and suspensive conditions in a deed of sale relating to the sale of land. In this case […] Read More
Cost of Transfer November 25, 2010 The costs of transferring ownership in immovable property are borne by the purchaser. If the purchaser is obtaining a loan from a bank to purchase the property, then two registrations take place in the Deeds Office, namely the registration of […] Read More
