by VDT Attorneys | Oct 20, 2023 | Property Development Projects, Property Transfer, VAT
In terms of section 2(1) of the Alienation of Land Act 68 of 1981, an agreement for the sale of any immovable property has to be in writing. In such an agreement, the seller and buyer have to, amongst others, agree on the property to be sold as well as the purchase...
by VDT Attorneys | Oct 20, 2023 | Construction, Dispute resolution, Property Development Projects
Firstly, it is important to note that a verbal agreement is valid, binding and enforceable unless, in terms of law, a written agreement is required, such as a property sale agreement. Construction contracts relating to renovations however are not normally agreements...
by VDT Attorneys | Oct 20, 2023 | Merger, Mergers & Acquisitions
In the dynamic landscape of South African business, M&A represent strategic mechanisms that can reshape industries, bolster market presence, and drive economic growth. There is also a plethora of legal implications involved, and embarking on such ventures is no...
by VDT Attorneys | Oct 6, 2023 | AI, Artificial Intelligence, ChatGPT, Data privacy, POPIA
Despite the numerous advantages of AI, its rapid development is surpassing, not only South Africa’s existing regulatory framework, resources, and capabilities, but also globally.This gives rise to two main issues: firstly, the concerns surrounding data privacy...
by VDT Attorneys | Sep 14, 2023 | Information Regulator, PAIA, POPIA
2022 – a year in review In September 2022, the Information Regulator launched online portals for both the public and private sectors, facilitating the submission of Section 32 reports in accordance with PAIA. Additionally, these portals enabled the registration...