News & Articles

Miss the deadline, lose the property

Miss the deadline, lose the property

In the context of property transactions, particularly those facilitated by property practitioners, offers to purchase (OTPs) commonly include suspensive conditions, such as a clause requiring a purchaser to obtain financing from a bank or financial institution by a specified date, for the contract to become legally binding. If a suspensive condition is not met by the agreed deadline, the offer to purchase automatically lapses, which in turn renders the contract unenforceable.

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Voetstoots: Friend, foe, or fair play?

Voetstoots: Friend, foe, or fair play?

In South African property law, a voetstoots clause, which translates to “as is,” indicates that the buyer accepts the property in its present state, with all its faults. Sellers seek protection from responsibility for both patent (visible) and latent (hidden) flaws found after the sale by including this clause in their Deed of Sale. This protection isn’t absolute, though, as sellers are still liable if they intentionally hide flaws or commit fraud.

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No resolution, no deal: Why a Trust Resolution is non-negotiable

No resolution, no deal: Why a Trust Resolution is non-negotiable

When dealing with trusts in property transactions, both estate agents and conveyancers must exercise caution. One critical legal requirement that is often overlooked is the trust resolution. This is not a mere administrative formality; it is a legal necessity! Without a properly executed trust resolution, the entire transaction may be rendered invalid. This is a common pitfall in practice, but fortunately, it can be easily avoided through proper due diligence. Ensuring that the trust resolution is correctly signed by all trustees and dated on or before the sale agreement will protect all parties involved, including the estate agent.

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Underwriter vs Arranger. What’s the difference?

Underwriter vs Arranger. What’s the difference?

Insurance plays an important role in protecting individuals and businesses against financial loss. However, when claims are denied or disputes arise, resolving them often depends on understanding the roles of key players, especially the underwriter and the arranger. These two professionals operate at different stages of the insurance process, but they both influence how disputes are handled. Understanding their roles helps determine liability, ensures fair treatment, and supports quicker dispute resolution.

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To be or not to be: The director’s dilemma

To be or not to be: The director’s dilemma

The title of ‘director’ of a company is well-known and often deemed a prestigious accolade. But what exactly does this title entail or expect of the holder thereof? And what happens when a director falls short of the expected standards, particularly when this holds repercussions for shareholders, employees and other stakeholders? In this article, we look a little more closely at what the role of director entails.

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No borders, no rules? Cryptocurrency and South African law

No borders, no rules? Cryptocurrency and South African law

South Africa’s exchange control system, managed by the South African Reserve Bank (“SARB”), aims to regulate the movement of capital across borders by South African residents. Historically, this system has overseen the transfer of legal tender, securities, and foreign investments. The emergence of cryptocurrency – decentralised, borderless, and intangible – has challenged the relevance of these longstanding rules.

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Signed, sealed… certified!

Signed, sealed… certified!

When buying or selling a property in South Africa, one of the critical steps in the transfer process is ensuring that the property complies with various safety and municipal standards. These requirements are formalised through the issuing of a Certificate of Compliance (COC), which serves as proof that the property meets these legal and safety standards. Without these certificates, the transfer of property cannot be completed, and delays or legal complications may arise. In this article, we look at the main COCs that will be needed to transfer your property and the conditions or requirements relating to each.

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M&A in SA: Why everyone’s talking about earn-outs

M&A in SA: Why everyone’s talking about earn-outs

In South African private mergers and acquisitions (M&A), earn-outs are increasingly used as a tool to bridge valuation gaps and align the interests of buyers and sellers. These mechanisms are especially relevant in the current uncertain markets, where the future performance of target entities is difficult to predict, or when management shareholders remain involved in the target entity post-acquisition.

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Artificial Intelligence: with great power comes great responsibility

Artificial Intelligence: with great power comes great responsibility

2025 marks the 49th anniversary of the June 16 Soweto uprising, where young people protested the imposition of Afrikaans as a medium of instruction in schools, as well as broader injustices of apartheid. The Constitution of the Republic of South Africa now provides for greater access to education and opportunities for the youth.

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Practical insights into the OECD Corporate Governance principles

Practical insights into the OECD Corporate Governance principles

Corporate governance plays a key role in guiding the strategic direction of an entity and defining its relationships with stakeholders and shareholders. Effective governance policies, structures and frameworks promote trust, transparency, and accountability, which in turn encourage long-term investment and contribute to economic growth. With so much focus placed on South Africa for matters such as the greylisting and other challenges, the need for adequate corporate governance is even more relevant now than ever. This is also not just the case for state entities, as many may often think, since corporate governance reaches much further than only state entities and must also be considered in the public and private sectors.

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Share buybacks in South Africa

Share buybacks in South Africa

Share buybacks or share repurchases are transactions involving a company that buys back shares from one or more of its shareholders. Companies conclude share buybacks for various reasons, such as providing capital to their shareholders, providing an avenue for when a shareholder wants to exit the company, as well as increasing the earnings per share by reducing the number of outstanding shares.

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Starlink’s signals clear? A policy shift in the ‘space’ for equity

Starlink’s signals clear? A policy shift in the ‘space’ for equity

In a previous article published in March, I examined Starlink’s plans to enter the South African market and its dispute with the Independent Communications Authority of South Africa (ICASA), the country’s telecoms regulator. The dispute relates to licensing requirements under the Electronic Communications Act 36 of 2005, which mandates that 30% of equity in licensed entities be held by historically disadvantaged South Africans, which is part of the country’s Broad-Based Black Economic Empowerment (B-BBEE) policy.

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“Running” into trouble: pedestrian rights matter

“Running” into trouble: pedestrian rights matter

Imagine yourself in the zone, your heart drumming in your ears, legs flying, and your focus fixed on the finish line, only for you to crash into an unsuspecting pedestrian. However unlikely it may seem, the recent decision by the Supreme Court of Appeal (SCA) in Kalmer v Davids NO (in her capacity as the Executor in the Estate: late Yasmin Salie) and Another (501/2023) [2025] ZASCA 26 (28 March 2025) or the “Kalmer case” serves as a crucial warning that competitive focus is not an excuse for a sportsperson to not maintain a proper lookout to avoid colliding into non-participating pedestrians.

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