It’s unfortunately an all too familiar story in these hard times – your debtor fails and is liquidated, and you are left with nothing but a worthless concurrent claim. But before you write your claim off, there is one specific
HOMEOWNERS’ ASSOCIATIONS: COLLECT THOSE OUTSTANDING LEVIES!
The resolution was met with severe opposition and the implementation thereof finally reversed.Three recent matters brought before the court clearly indicated that the status quo will not go unopposed. Homeowners’ associations have, by means of title deed conditions, ensured that
DONATIONS
A donation is defined in the Income Tax Act No. 58 of 1962 as “any gratuitous disposal of property including any gratuitous waiver or renunciation of a right.” The donor may therefore not receive anything in return from the donee,
SELLING PROPERTY? WATCH YOUR WORDING!
When you agree on a sale, ensure that your agreement is both clear and comprehensive – or risk the pitfalls of litigation.A case recently before the High Court (on appeal from a District Magistrates Court) involved the sale of a