Student accommodation: is it a sound investment?
At South African universities and colleges, a massive gap exists between the demand for accommodation on campuses and the available spaces in the official residences. With more and more students being accepted every year, this need for accommodation has grown. Students who cannot live in the official residences, need to find other accommodation, preferably close […]
Is a co-working space a good investment?
When walking into a co-working space, the first thing you will notice is that the atmosphere feels completely different from a regular office. You will feel a sense of excitement and collaboration in the air with a mixture of occupants who are deep in focus at their very own private desks, as well as other occupants who are engaged in conversation at the […]
Tips for investing in property for retirement
Have you ever wondered if real estate is a sound investment? Well, it certainly can be! There are people out there who have invested in real estate and created a very comfortable lifestyle for themselves. That being said, there are also people out there who have lost everything due to bad real estate investments. When it […]
Law of Succession: Johannes Steyn Botha N.O. v Master of the High Court and Two Others: Acceptance of a codicil not conforming to the Wills Act
Section 2 (1) (b) (i) (ii) and (iii) of the Wills Act 7 OF 1932 stipulates that no amendment made in a will executed shall be valid unless: 1. The amendment is identified by the signature of the testator in the presence of two or more competent witnesses present at the same time; 2. The […]
Property Law & Conveyancing: Municipalities’ rates clearance demands reigned in
In the recent Supreme Court of Appeal case Nelson Mandela Bay Municipality v Amber Mountain Investments the court dismissed an appeal by the Municipality, against a judgment of the Eastern Cape Local Division of the High Court, Port Elizabeth that the municipality is only entitled to demand payment of advance rates to the date of transfer of a […]
The newly published e-Deeds Bill: the dawn of modern conveyancing
The Minister for Rural Development and Land Reform recently published the Deeds Registries Amendment Bill, 2016 for public comment. At the same time, the Department also published an informative memorandum on the object of the Bill, which is reproduced as follows: MEMORANDUM ON THE OBJECTS OF THE DEEDS REGISTRIES AMENDMENT BILL, 2016 1 […]
Wills Week 2015
Strauss Daly Inc has been registered for participation in the upcoming Wills Weeks in the Western Cape, which will run from 14 to 18 September 2015. The Wills Week listing has been published on the Cape Law Society’s website and will shortly be published on the website of the Law Society of South Africa (LSSA). The details […]
CBD property developments: be prepared before you develop
Louw Malherbe considers the pitfalls of central city property development, where developers are often confronted with the unknown and have to deal with title conditions which are not always disclosed in conventional searches. A developer wanting to develop a building project in a CBD must first and foremost instruct its legal representatives to do an in-depth investigation into servitudes, […]
Employment Law: Resignation with immediate effect and the legal consequences
Labournet’s Adri Louw advises on the legal consequences of the termination of a contract of employment “with immediate effect”. A contract of service for an indefinite period can be terminated by one party giving notice of intention to terminate the contract to the other. Notice in this instance need not be provided for in the […]
Section 37C of the Pension Funds Act: a deviation from the freedom of testation
Busisiwe Bam takes a look at section 37C pf the Pension Funds Act and how it in fact restricts the wishes expressed in a will. Section 37C makes provision for the disposition of pension benefits upon the death of a member. In terms of this section any benefit payable by a fund upon the death of a […]