{"id":2046,"date":"2019-02-15T11:15:43","date_gmt":"2019-02-15T09:15:43","guid":{"rendered":"http:\/\/stbb.co.za\/dev2\/?p=2046"},"modified":"2019-11-04T11:30:46","modified_gmt":"2019-11-04T09:30:46","slug":"issue-02","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/issue-02\/","title":{"rendered":"Property Law Update | Issue 02 &#8211; 2019"},"content":{"rendered":"<h2>ONCE-OFF LENDERS NEED TO REGISTER WITH CREDIT REGULATOR<\/h2>\n<h3>Du Bruyn NO and Others v Karsten (929\/2017) [2018] ZASCA 143; 2019 (1) SA 403 (SCA) (28 September 2018)<\/h3>\n<p>For a while now in our law, there was some uncertainty whether or not a person who makes a once-off arm\u2019s length loan to another really needs to register with the Credit Regulator in order to ensure that the law treats the agreement as valid and binding. In this matter, the Supreme Court of Appeal held that this was indeed the condition stated in the National Credit Act. Despite the apparent reasonableness of not requiring such registration in such instance, the Court stated that it was bound to give effect to the clear and unambiguous wording of the Act.<\/p>\n<p><strong>read more<\/strong><br \/>\n<a href=\"http:\/\/www.saflii.org\/za\/cases\/ZASCA\/2018\/143.html\">The Judgment<\/a><br \/>\n<a href=\"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/stbb_plu02-2019_s1.pdf\">Summary of the Judgment<\/a><\/p>\n<h2>TAKE CARE HOW YOU WORD YOUR WILL AND TRUST DOCUMENT WHEN MAKING PROVISION FOR DESCENDANTS<\/h2>\n<h3>Harvey NO and Others v Crawford NO and Others (1016\/2017) [2018] ZASCA 147 (17 October 2018)<\/h3>\n<p>This judgment deals with a stinging issue: where a trust donor made provision that his children\u2019s descendants or\u2019 issue\u2019 would inherit, would this include the adopted children of his daughter who never had her own children? At the time the Trust deed was executed (1953), the Wills Act required that such will or trust deed should clearly convey an intention to include them, otherwise they would be excluded. The applicable legislative provisions have changed over time, but our law still upholds the principle of freedom of testation.<\/p>\n<p><strong>read more<\/strong><br \/>\n<a href=\"http:\/\/www.saflii.org\/za\/cases\/ZASCA\/2018\/147.html\">The Judgment<\/a><br \/>\n<a href=\"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/stbb_plu02-2019_s2.pdf\">Summary of the Judgment<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ONCE-OFF LENDERS NEED TO REGISTER WITH CREDIT REGULATOR Du Bruyn NO and Others v Karsten (929\/2017) [2018] ZASCA 143; 2019 (1) SA 403 (SCA) (28 September 2018) For a while now in our law, there was some uncertainty whether or<\/p>\n","protected":false},"author":36,"featured_media":578,"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":[109],"tags":[],"class_list":["post-2046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-law-update"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Property Law Update | Issue 02 - 2019 - 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\/issue-02\/\" \/>\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\\\/issue-02\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/issue-02\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Property Law Update | Issue 02 &#8211; 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