{"id":15492,"date":"2020-08-07T11:16:41","date_gmt":"2020-08-07T09:16:41","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=15492"},"modified":"2020-08-07T12:06:38","modified_gmt":"2020-08-07T10:06:38","slug":"property-law-update-issue-16-2020","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/property-law-update-issue-16-2020\/","title":{"rendered":"Property Law Update | Issue 16 – 2020"},"content":{"rendered":"\n\n\n
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TRADING IN PROPERTY? THE SALE MUST BE ADVERTISED<\/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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Hyde Construction CC v K2013046547 (South Africa) (Pty) Ltd and Others (9179\/2019) [2020] ZAWCHC 31 (29 April 2020)<\/h4>\n

Our law requires that when a trader sells any part of his business other than in the normal course, such trader must publish a notice of his intention to do so in order to protect\u00a0creditors of the business. Serious consequences can flow from the failure to comply with this requirement,\u00a0such as the voidability of a subsequent sale and transfer, and bond registration. Let your conveyancer assist when you are selling property that is ‘stock in trade’.<\/p>\n

The 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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CREDITORS CAN LEAD TO THE SETTING ASIDE OF A PROPERTY PURCHASE<\/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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M\u00a0and Another v Murray and Others (251\/2019) [2020] ZASCA 86 (9 July 2020)<\/h4>\n

In a judgment that tells a story of intricate planning to disseminate a pension fund pay-out at a time when the recipient anticipated insolvency, the very real risks that arise are illustrated. In this instance, it included that the payments made for the alleged purchase of properties and in terms of a sham divorce, had to be reversed.<\/p>\n

The 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":"

TRADING IN PROPERTY? THE SALE MUST BE ADVERTISED Hyde Construction CC v K2013046547 (South Africa) (Pty) Ltd and Others (9179\/2019) [2020] ZAWCHC 31 (29 April 2020) Our law requires that when a trader sells any part of his business other<\/p>\n","protected":false},"author":36,"featured_media":2933,"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-15492","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-property-law-update"],"acf":[],"yoast_head":"\nProperty Law Update | Issue 16 - 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-16-2020\/\" \/>\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-16-2020\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-16-2020\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Property Law Update | Issue 16 – 2020\",\"datePublished\":\"2020-08-07T09:16:41+00:00\",\"dateModified\":\"2020-08-07T10:06:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-16-2020\\\/\"},\"wordCount\":206,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-16-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/yoosun-won-6Lm3EcOXYGY-unsplash.jpg\",\"articleSection\":[\"Latest\",\"Property Law Update\"],\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-16-2020\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-16-2020\\\/\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-16-2020\\\/\",\"name\":\"Property Law Update | Issue 16 - 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