by VDT Attorneys | May 21, 2026 | Deceased estate property transfer, Property transfer after death, Property transfer South Africa, Seller dies before transfer, Selling Property, Transfer of property after death
Any transfer documents which may have been signed by the purchaser prior to his/her death, however, become invalid and cannot be used to affect registration of the transfer of the property. To proceed with the transfer in accordance with the deed of sale, the...
by VDT Attorneys | May 21, 2026 | Property transfer process South Africa, SARS transfer duty rules, Transfer Duty, Transfer Duty Declaration TDC01
Transfer duty, payable by the purchaser on properties above the prescribed threshold (currently R1 210 000 as of 1 April 2025), remains a fundamental step in the transfer process. A property transfer cannot be registered in the Deeds Office unless the applicable...
by VDT Attorneys | May 20, 2026 | Credit agreement lease South Africa, Lease agreement South Africa, Movable property lease, National Credit Act lease agreement
In South Africa, some leases do far more than let you use and enjoy an asset; they can inherently operate as credit agreements, bringing them within the reach of the National Credit Act 34 of 2005 (“Act”). Falling within the ambit of the Act creates certain legal...
by VDT Attorneys | May 20, 2026 | Debt waivers, Forgiven debt can have tax consequences, Tax Advice
A concession or compromise of a debt is defined broadly in paragraph 12A(1). It includes situations in which a debt is cancelled, waived, or extinguished by redemption or merger. In addition, a concession or compromise includes the conversion of debt into equity....
by VDT Attorneys | May 20, 2026 | Estate Planning
This distinction is often overlooked. Individuals frequently select a form of trust without properly considering timing and control, which ultimately determine whether the trust is appropriate for its intended purpose. Both types of trusts can play a valuable role in...
