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From category archives: Legal Articles

Legal Services

Divorce and the forfeiture of assets

In the past, if your were responsible for a marriage being wrecked then you could not benefit financially from it and your partner would, therefore be granted a forfeiture order. 

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Marriage contracts and implications for estate planning

In this article we will be discussing estate planning and how it relates to the 3 main types of marriage.

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The setting aside of proof of income for granting credit

The ruling held that a proof of income won’t be needed by consumers in order to apply for credit.

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No fire protection equipment in Sectional Title Scheme

A sectional title complex on the South Coast was faced with a serious problem relating to fire protection during power outages.

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What you need to know about Section 12J Companies

Section 12J provides an avenue for individuals and businesses seeking to reduce tax liabilities and creates a source of return in a market which is overrun with volatility and uncertainty.

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Kick-back policies in estates hamper free market forces

There are instances where the management companies of upmarket estates deduct a percentage of the value of a property automatically (usually from the estate agent's commission).

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What VAT increase means for your property transactions

Effective as of 1 April 2018, the will be an increase of the VAT rate from 14% to 15%. Real estate transactions are also affected by the increase. 

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CPA - client's right to cancel a timeshare contract

Timeshare contracts are structured in such a way that they can’t be terminated. This means the process of getting out of timeshare obligations can thus be very difficult for the average person.

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Identity Theft - What can you do to protect yourself?

A problem many people face nowadays is identity theft. This has especially become a problem thanks to individuals oversharing personal information on social media platforms. 

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Retirement Property Purchase Options

When considering your options for retirement it is important for you to plan and carefully consider the financial implications that come with the various types of sales transactions. 

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