{"id":25738,"date":"2021-07-01T14:09:50","date_gmt":"2021-07-01T12:09:50","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=25738"},"modified":"2021-07-01T19:00:32","modified_gmt":"2021-07-01T17:00:32","slug":"property-law-update-transfer-and-bond-void-chilling-thoughts","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/property-law-update-transfer-and-bond-void-chilling-thoughts\/","title":{"rendered":"Property Law Update | Transfer and Bond Void: Chilling Thoughts"},"content":{"rendered":"<p>K2013046547\/07 (South Africa) (Pty) Ltd and Others v Hyde Construction CC and Another (513\/2020) [2021] ZASCA 82 (17 June 2021)<\/p>\n<p>As a trader, it is business as usual to sell stock in trade. However, a creditor becomes alarmed if a trader sells off goods not in the ordinary course of business at a time when that trader\u2019s financial position brings thoughts of liquidation to the fore. To protect creditors, our law has very strict rules for such instances and, in a property trader context, may result in a declaration that a property sale and resulting registration of transfer and new bond, be declared void. This judgment highlights the considerations.<\/p>\n<p><a href=\"http:\/\/www.saflii.org\/za\/cases\/ZASCA\/2021\/82.html\">The Judgment<\/a><br \/>\n<a href=\"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2021\/07\/stbb_plu15-2021_s2.pdf\">Summary of the Judgment<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>K2013046547\/07 (South Africa) (Pty) Ltd and Others v Hyde Construction CC and Another (513\/2020) [2021] ZASCA 82 (17 June 2021) As a trader, it is business as usual to sell stock in trade. However, a creditor becomes alarmed if a<\/p>\n","protected":false},"author":36,"featured_media":2936,"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-25738","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","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 | Transfer and Bond Void: Chilling Thoughts - 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-transfer-and-bond-void-chilling-thoughts\/\" \/>\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-transfer-and-bond-void-chilling-thoughts\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-transfer-and-bond-void-chilling-thoughts\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Property Law Update | Transfer and Bond Void: Chilling Thoughts\",\"datePublished\":\"2021-07-01T12:09:50+00:00\",\"dateModified\":\"2021-07-01T17:00:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-transfer-and-bond-void-chilling-thoughts\\\/\"},\"wordCount\":120,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-transfer-and-bond-void-chilling-thoughts\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/helloquence-OQMZwNd3ThU-unsplash.jpg\",\"articleSection\":[\"Latest\",\"Property Law Update\"],\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-transfer-and-bond-void-chilling-thoughts\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-transfer-and-bond-void-chilling-thoughts\\\/\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-transfer-and-bond-void-chilling-thoughts\\\/\",\"name\":\"Property Law Update | Transfer and Bond Void: Chilling Thoughts - 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