{"id":3762,"date":"2018-01-26T09:42:46","date_gmt":"2018-01-26T07:42:46","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=3762"},"modified":"2019-11-12T11:27:12","modified_gmt":"2019-11-12T09:27:12","slug":"property-law-update-issue-02-2018","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/property-law-update-issue-02-2018\/","title":{"rendered":"Property Law Update | Issue 02 – 2018"},"content":{"rendered":"

MUST A RIGHT OF FIRST REFUSAL (PRE-EMPTIVE RIGHT) IN RESPECT OF LAND REALLY BE IN WRITING?<\/h2>\n

Mokone v Tassos Properties CC and Another (CCT113\/16, CCT291\/16) [2017] ZACC 25; 2017 (10) BCLR 1261 (CC); 2017 (5) SA 456 (CC) (24 July 2017)<\/h3>\n

Yes and no. For long, and because of sound policy considerations, our law ruled that pre-emptive rights relating to the sale of immovable property must be in writing in order to be valid and binding. For example, a 12-month lease agreement contains a right of pre-emption in favour of a tenant. One further oral renewal of the lease follows and thereafter the landlord and tenant make a one-line entry on the \u2018old\u2019 lease mentioning it is extended for a further period. During this further period, the landlord sells the property subject to the lease. The lease expires and the tenant refuses to vacate, quoting the pre-emptive right that existed in the old lease. One of the findings in this matter was that the granting of a pre-emptive right is not an \u2018alienation\u2019 and therefore needs not comply with the \u201cin writing and signed\u201d requirements of the Alienation of Land Act, rendering the provision in the \u2018old\u2019 lease still valid. This is a dramatic change to the previous position. This despite, transparency and considerations relating to the accuracy of recall if the provisions of an agreement is not reduced to paper, still call for such agreements to be in writing.<\/p>\n

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

STBB’s STSMA REFERENCE GUIDE<\/h2>\n

In this, the forty-fifth set of notes for your STSMA Reference Guide, Prescribed Management Rule 24 is discussed<\/p>\n

Prescribed Management Rule 24<\/span><\/a>
\n(N.B. Print in landscape)<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

MUST A RIGHT OF FIRST REFUSAL (PRE-EMPTIVE RIGHT) IN RESPECT OF LAND REALLY BE IN WRITING? Mokone v Tassos Properties CC and Another (CCT113\/16, CCT291\/16) [2017] ZACC 25; 2017 (10) BCLR 1261 (CC); 2017 (5) SA 456 (CC) (24 July<\/p>\n","protected":false},"author":36,"featured_media":3156,"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-3762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-law-update"],"acf":[],"yoast_head":"\nProperty Law Update | Issue 02 - 2018 - 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-02-2018\/\" \/>\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-issue-02-2018\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-02-2018\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Property Law Update | Issue 02 – 2018\",\"datePublished\":\"2018-01-26T07:42:46+00:00\",\"dateModified\":\"2019-11-12T09:27:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-02-2018\\\/\"},\"wordCount\":271,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-02-2018\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/helloquence-OQMZwNd3ThU-unsplash_banner.jpg\",\"articleSection\":[\"Property Law Update\"],\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-02-2018\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-02-2018\\\/\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-02-2018\\\/\",\"name\":\"Property Law Update | Issue 02 - 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