{"id":17506,"date":"2020-10-22T13:41:57","date_gmt":"2020-10-22T11:41:57","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=17506"},"modified":"2021-03-03T13:31:53","modified_gmt":"2021-03-03T11:31:53","slug":"property-law-update-issue-21-2020","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/property-law-update-issue-21-2020\/","title":{"rendered":"Property Law Update | Issue 21 – 2020"},"content":{"rendered":"

THREE TRUSTEES, A MAJORITY VOTE AND A PROPERTY SALE AGREEMENT DISPUTE<\/strong><\/p>\n

Henque 1273 CC v Du Plessis and Others<\/em> (2119\/2020) [2020] ZAFSHC 160 (7 September 2020)
\nThe judgment deals with disputes that arose when a Trust purported to cancel one property sale agreement and proceeded to sell the property to a next purchaser. The disgruntled first purchaser, in an attempt to interdict transfer to the second purchaser, raised the argument that the Trust was not properly before the Court as the resolution, signed by two of the three trustees (the trust document requiring a majority vote), was inadequate. The question answered here is whether in such circumstances, if two trustees constituting the required majority, agree on action to be taken, the input of or meeting with the third trustee at all necessary? The outcome is significant for every trustee acting on behalf of a trust, whatever the transaction and not only limited to property sale agreements.<\/p>\n

The Judgment<\/a>
\nSummary of the Judgment<\/a><\/p>\n

SALE OF AGRICULTURAL LAND AGREEMENT NO CHILD’S PLAY<\/strong><\/p>\n

Helm Construction (Pty) Ltd v Noortman and Another<\/em> (22605\/2018) [2020] ZAGPJHC 245 (21 September 2020)
\nThis judgment deals with a dispute between a tenant and landlord who entered into, what they phrased, a \u201cprovisional sale agreement\u201d regarding a piece of agricultural land. No purchase price was determined, nor was it decided and recorded how it should be paid, when the final sale agreement will be concluded or when transfer should take place. The purchaser had paid in excess of R2 million towards the purchase price when the wheels came off, culminating in a (successful) court action by him against the seller to get his money back. \u201cPenny wise, pound foolish\u201d comes to mind considering that much trouble, cost and loss could have been avoided had the parties first consulted with a property lawyer or law firm.<\/p>\n

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

THREE TRUSTEES, A MAJORITY VOTE AND A PROPERTY SALE AGREEMENT DISPUTE Henque 1273 CC v Du Plessis and Others (2119\/2020) [2020] ZAFSHC 160 (7 September 2020) The judgment deals with disputes that arose when a Trust purported to cancel one<\/p>\n","protected":false},"author":36,"featured_media":3199,"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":[1,137,109],"tags":[],"class_list":["post-17506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorised","category-latest","category-property-law-update"],"acf":[],"yoast_head":"\nProperty Law Update | Issue 21 - 2020 - STBB<\/title>\n<meta name=\"description\" content=\"THREE TRUSTEES, A MAJORITY VOTE AND A PROPERTY SALE AGREEMENT DISPUTE | The judgment deals with disputes that arose when a Trust purported to cancel one property sale agreement and proceeded to sell the property to a next purchaser. SALE OF AGRICULTURAL LAND AGREEMENT NO CHILD\u2019S PLAY | This judgment deals with a dispute between a tenant and landlord who entered into, what they phrased, a \u201cprovisional sale agreement\u201d regarding a piece of agricultural land.\" \/>\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-21-2020\/\" \/>\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=\"2 minutes\" \/>\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-21-2020\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-21-2020\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Property Law Update | Issue 21 – 2020\",\"datePublished\":\"2020-10-22T11:41:57+00:00\",\"dateModified\":\"2021-03-03T11:31:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-21-2020\\\/\"},\"wordCount\":307,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-21-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/matt-hoffman-Q0AM87PsYkE-unsplash-1.jpg\",\"articleSection\":[\"Blog\",\"Latest\",\"Property Law Update\"],\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-21-2020\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-21-2020\\\/\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-21-2020\\\/\",\"name\":\"Property Law Update | Issue 21 - 2020 - STBB\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-21-2020\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-21-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/matt-hoffman-Q0AM87PsYkE-unsplash-1.jpg\",\"datePublished\":\"2020-10-22T11:41:57+00:00\",\"dateModified\":\"2021-03-03T11:31:53+00:00\",\"description\":\"THREE TRUSTEES, A MAJORITY VOTE AND A PROPERTY SALE AGREEMENT DISPUTE | The judgment deals with disputes that arose when a Trust purported to cancel one property sale agreement and proceeded to sell the property to a next purchaser. 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