{"id":13936,"date":"2020-06-18T14:30:51","date_gmt":"2020-06-18T12:30:51","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=13936"},"modified":"2020-06-18T14:31:06","modified_gmt":"2020-06-18T12:31:06","slug":"property-law-update-issue-12-2020","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/property-law-update-issue-12-2020\/","title":{"rendered":"Property Law Update | Issue 12-2020"},"content":{"rendered":"\n\n\n
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NO FFC, NO COMMISSION – UNLESS YOUR DUCKS WERE IN A ROW<\/h4>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Signature Real Estate (Pty) Ltd v Charles Edwards Properties and Others (415\/2019) [2020] ZASCA 63 (10 June 2020)<\/h4>\n

In this important judgment handed down by the Supreme Court of Appeal, it was held that in certain very narrow instances, an estate agent will not be precluded from claiming commission where the Fidelity Fund Certificate was not in place at the relevant time. The matter relates to an instance where the estate agent had timeously submitted all documents to the Estate Agency Affairs Board, the latter however accidentally issuing an incorrect certificate in the name of a non-existing entity. This error was subsequently corrected, with retrospective effect. The Court held that their claim for commission in this instance could not be thwarted by the argument that they were not in possession of a valid Fidelity Fund Certificate at the time.
\nThe Judgment can be viewed here.<\/p>\n

The Judgment<\/a>
\nSummary of the Judgment<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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RIGHT TO EXTEND: SOLD BUT NOT RESERVED<\/h4>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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A tricky question arose in this judgment. In terms of a sale agreement, the purchaser bought both a unit and a right to extend from the developer of a sectional title scheme. The right to extend was never formally reserved (by application in the deeds office). When the purchaser later sought to exercise this right, the members of the body corporate refused consent, which lead to an application to court. No success yet for the purchaser, as the Court found that the purchaser did not have the required\u00a0locus standi.\u00a0<\/em>Read the judgment to find out why.
\nThe Judgment can be viewed here.<\/p>\n

The Judgment<\/a>
\nSummary of the Judgment<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

NO FFC, NO COMMISSION – UNLESS YOUR DUCKS WERE IN A ROW Signature Real Estate (Pty) Ltd v Charles Edwards Properties and Others (415\/2019) [2020] ZASCA 63 (10 June 2020) In this important judgment handed down by the Supreme Court<\/p>\n","protected":false},"author":36,"featured_media":575,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[137,109],"tags":[],"class_list":["post-13936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-property-law-update"],"acf":[],"yoast_head":"\nProperty Law Update | Issue 12-2020 - STBB<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/stbb.co.za\/dev2\/property-law-update-issue-12-2020\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maryna Botha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-12-2020\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-12-2020\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Property Law Update | Issue 12-2020\",\"datePublished\":\"2020-06-18T12:30:51+00:00\",\"dateModified\":\"2020-06-18T12:31:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-12-2020\\\/\"},\"wordCount\":279,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-12-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/rawpixel-706374-unsplash-1.jpg\",\"articleSection\":[\"Latest\",\"Property Law Update\"],\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-12-2020\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-12-2020\\\/\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-12-2020\\\/\",\"name\":\"Property Law Update | Issue 12-2020 - 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