{"id":31706,"date":"2023-06-02T09:08:56","date_gmt":"2023-06-02T07:08:56","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=31706"},"modified":"2025-05-05T11:11:06","modified_gmt":"2025-05-05T09:11:06","slug":"property-law-update-issue-09-2023","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/property-law-update-issue-09-2023\/","title":{"rendered":"Property Law Update | Issue 09 &#8211; 2023"},"content":{"rendered":"<h4>24 HOURS FOR A LESSON HOW TO CANCEL A LEASE VALIDLY<\/h4>\n<p>Banchan (Pty) Ltd v Des Naidoo and Associates and Another (8494\/2023) [2023] ZAGPJHC 563 (25 May 2023)<\/p>\n<p>Often, when disputes arise in a lease or other agreement, both parties are at pains to record in detail where the other \u2018guilty\u2019 party contravened the provisions of their agreement. But, as case law has repeatedly highlighted, one must never lose sight of the weight that the breach and notice provisions in the agreement carry. This judgment is a case in point, where a notice was sent by the landlord giving the tenant 7 days to rectify the breach, failing which it would cancel the lease, as the agreement allowed. Misjudging the time with a mere 24 hours, the subsequent cancellation notice was sent prematurely, rendering the attempted cancellation unlawful.<\/p>\n<p><a href=\"http:\/\/www.saflii.org\/za\/cases\/ZAGPJHC\/2023\/563.html\" target=\"_blank\" rel=\"noopener\">The Judgment<\/a><br \/>\n<a href=\"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2023\/06\/stbb_plu09-2023_s1.pdf\" target=\"_blank\" rel=\"noopener\">Summary of the Judgment<\/a><\/p>\n<h4>BRIDGING FINANCE INTEREST RATE: TOO HIGH TO BE BINDING?<\/h4>\n<p>Beneficio Developments (Pty) Ltd v Tarentaal Centre Investments (Pty) Ltd and Another (22258\/20) [2023] ZAGPPHC 324 (23 May 2023)<\/p>\n<p>The judgment is an interesting read in that it illustrates that high loans in commercial transactions sometimes have extreme interest rates. Whether that fact alone allows the borrower to cry foul afterwards, is a tricky assessment. In general, the terms of the agreement speak loudest, as this judgment shows.<\/p>\n<p><a href=\"http:\/\/www.saflii.org\/za\/cases\/ZAGPPHC\/2023\/324.html\" target=\"_blank\" rel=\"noopener\">The Judgment<\/a><br \/>\n<a href=\"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2025\/05\/stbb_plu09-2023_s2.pdf\" target=\"_blank\" rel=\"noopener\">Summary of the Judgment<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>24 HOURS FOR A LESSON HOW TO CANCEL A LEASE VALIDLY Banchan (Pty) Ltd v Des Naidoo and Associates and Another (8494\/2023) [2023] ZAGPJHC 563 (25 May 2023) Often, when disputes arise in a lease or other agreement, both parties<\/p>\n","protected":false},"author":36,"featured_media":24460,"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-31706","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 | Issue 09 - 2023 - 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-09-2023\/\" \/>\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-09-2023\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-09-2023\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Property Law Update | Issue 09 &#8211; 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