by VDT Attorneys | Aug 20, 2025 | Buying property, Consumer Protection Act, Latent defect claims, Property latent defects, Property Voetstoots clause, Selling Property
Risk equilibrium for all partiesWithout a voetstoots clause, sellers can be held accountable for defects that don’t show up right away, including those that were not apparent when the contract was signed. Latent defect claims may be pursued in South Africa...
by VDT Attorneys | Aug 20, 2025 | Buying property, Property sale, Trust Resolution, Trusts in property transactions
When it comes to the sale or purchase of immovable property, it is essential to understand that any legal entity, whether a company, close corporation, or trust, must have a properly signed resolution in place. This resolution, signed by all relevant parties...
by VDT Attorneys | Aug 5, 2025 | Employment Equity, Employment Equity Act, Employment Equity targets
The five-year sectoral numerical targets are only applicable to employers with a workforce of 50 or more employees, classified as “designated employers” per the Employment Equity Act 55 of 1998 (EEA). The newly published Employment Equity sectoral numerical targets,...
by VDT Attorneys | Aug 5, 2025 | Arranger, Insurance dispute, Insurance intermediary, Underwriter
The role of the Underwriter Underwriters are professionals whose duties include, but are not limited to, assessing the risk associated with offering insurance to an individual or a business. To make this decision, they review information such as the applicant’s...
by VDT Attorneys | Aug 5, 2025 | Boardroom ethics, Conflict of interest, Corporate governance, Director accountability, Director duties, Shareholder protection
As a point of departure, we first examine how the Companies Act 71 of 2008 (Companies Act) defines the term director and what duties are imposed on directors.“Director” means a member of the board of a company, as contemplated in section 66, or an alternate director...
