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Posts Tagged 'attorneys in Johannesburg'

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Are Witness Signatures Required on Sale Agreements and Contracts?

Many may wonder whether it’s necessary to have a witness signature on a legal document such as sale agreements and contracts. However, a witness signature serves as evidence to the fact that each party to the agreement did in fact sign the document in question.

Electronic Signatures – Are They Legally Binding in South Africa?

Organisations are choosing to use electronic and digital solutions such as electronic signatures and communication in order to save time and money. However, many individuals are still sceptical about the validity of electronic signatures and whether or not they are legally binding.

Close Corporation – Personal Liability and Member’s Authority

Since the change of company laws in South Africa, owning a new close corporation is no longer possible. However, these changes did not affect any close corporations which were already in existence and such CC’s still require regulation as before.

Section 54 of The VAT Act South Africa Explained - Principal vs Agent Tax

Section 54 of The VAT Act South Africa has been included in order to govern the practical problems faced when goods or services are supplied to and from VAT vendors via agents.

Capital Gains Tax on Deceased Estates

Assets acquired by a person during his or her life are calculated at market value and disposed of at that value at the date of death.

The difference in value between the market value and the nett costs of the assets is regarded as capital gain (or loss) and must be reflected accordingly in the income tax return of the deceased person.

Voetstoots in Private Sale Agreements and the Consumer Protection Act

Since the Consumer Protection Act 68 of 2008 (CPA) was introduced, there has been a special focus on voetstoots in private sale agreements and general provisions of a voetstoots contract.

VAT on Rental of Residential Units Intended for Resale

Property developers are now faced with additional VAT on residential property rentals which were initially developed for resale.

Buying a home with your Partner

Have you and your partner been thinking about joining the real estate game by buying a property together?

That’s easily understandable.  It’s common for romantically involved partners, or even groups of friends to buy properties together. This is mostly because the salary of a young single person usually isn’t enough to cover the kind of bond they would like.

Can fines be imposed by the Body Corporate?

The rules of the scheme will help to determine if fining rules can be imposed by the body corporate of a sectional title scheme. The penalty rule will must be in the management rules or conduct rules in order for it to be enforceable.  

How to pass a unanimous resolution in a sectional title scheme

When very important decisions need to be made by sectional title owners, then a unanimous resolution needs to be passed. 

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