{"id":36834,"date":"2024-09-05T12:45:21","date_gmt":"2024-09-05T10:45:21","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=36834"},"modified":"2024-09-05T12:47:21","modified_gmt":"2024-09-05T10:47:21","slug":"property-law-update-issue-20-2024","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/property-law-update-issue-20-2024\/","title":{"rendered":"Property Law Update | Issue 20 &#8211; 2024"},"content":{"rendered":"<h4>COURT SCRUTINISES WHETHER PROPERTY BROKER\u2019S SERVICES REQUIRED FAIS REGISTRATION<\/h4>\n<p><em>Jurie Wynand Van Dyk t\/a Van Dyks Property Brokers v M3T Developments (Pty) Ltd<\/em> (1478\/2023) [2024] ZAWCHC 219 (23 August 2024)<\/p>\n<p>This dispute involves a property broker&#8217;s claim for commission after successfully helping its developer-client procure project funding from financiers. The developer resisted the claim, arguing that the broker acted as a financial services provider and, since it was not registered as such, the claim for commission was invalid. The court&#8217;s assessment offers valuable guidance for managing similar disputes.<\/p>\n<p><a href=\"https:\/\/www.saflii.org\/za\/cases\/ZAWCHC\/2024\/219.html\" target=\"_blank\" rel=\"noopener\">The judgment can be viewed here<\/a><br \/>\n<a href=\"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2024\/09\/stbb_plu20-2024-s1.pdf\" target=\"_blank\" rel=\"noopener\">Summary of the Judgment<\/a><\/p>\n<h4>LATE BUILDING PENALTY ALLOWED AS A PROVISION OF THE HOA\u2019S MOI AND NOT ITS RULES<\/h4>\n<p><em>Stone River Management Association NPA v Mashoko and Others<\/em> (A2023\/035929) [2024] ZAGPJHC 800 (23 August 2024)<\/p>\n<p>This appeal challenged the order of an adjudicator of the Community Schemes Ombud Service. It centres around the enquiry as to whether the penalty payable for not erecting a home within a certain period is a stand-alone provision of the constitution of a homeowners\u2019 association, or a rule of the association. This distinction is critical as the constitution provides that different consequences flow from breaches of each. The case is a valuable read as it highlights the importance of proper scrutiny of an association\u2019s governing documents before alleging that a penalty was incorrectly levied.<\/p>\n<p><a href=\"https:\/\/www.saflii.org\/za\/cases\/ZAGPJHC\/2024\/800.html\" target=\"_blank\" rel=\"noopener\">The judgment can be viewed here<\/a><br \/>\n<a href=\"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2024\/09\/stbb_plu20-2024-s2.pdf\" target=\"_blank\" rel=\"noopener\">Summary of the Judgment<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>COURT SCRUTINISES WHETHER PROPERTY BROKER\u2019S SERVICES REQUIRED FAIS REGISTRATION Jurie Wynand Van Dyk t\/a Van Dyks Property Brokers v M3T Developments (Pty) Ltd (1478\/2023) [2024] ZAWCHC 219 (23 August 2024) This dispute involves a property broker&#8217;s claim for commission after<\/p>\n","protected":false},"author":36,"featured_media":3190,"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-36834","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 20 - 2024 - 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-20-2024\/\" \/>\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-20-2024\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-20-2024\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Property Law Update | Issue 20 &#8211; 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She is an admitted Attorney, Notary Public, Conveyancer and Insolvency Practitioner with many years of experience in the fields of property law, conveyancing and the laws relating to corporate compliance (especially in respect of the FICA and POPIA laws). Up until 2018 she was also head of the firm\u2019s national marketing portfolio. She is a seasoned public speaker and presenter, both in person and online. 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