Serwitute in die landbousektor, 29-Jan-19

Many prospective sellers are confronted with an invitation by estate agents to grant them a sole mandate for the sale of their property. 9 out of 10 times the immediate reaction is to decline the offer due to a perception that a sole mandate is only a clever way for the estate agent to obtain exclusive rights to your property which in turn will result in your property not being effectively introduced to the market and decreasing your chances of a successful sale.

A trust is an agreement between the founder of the trust and the trustees of the trust for the benefit of a third party, namely the trust beneficiaries of the trust. Different to a company, a trust is not established in terms of legislation, but is established by the trustdeed of the trust which serves as its founding document.

‘n Trust is ‘n ooreenkoms tussen die oprigter van die trust en die trustees van die trust ten behoewe van ‘n derde, naamlik die begunstigde(s) van die trust. Anders as ‘n maatskappy word ‘n trust nie opgerig in terme van wetgewing nie, maar deur middel van die trustakte van die trust, wat dien as die stigtingsdokument.