{"id":3802,"date":"2017-11-24T15:03:46","date_gmt":"2017-11-24T13:03:46","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=3802"},"modified":"2019-11-12T15:06:21","modified_gmt":"2019-11-12T13:06:21","slug":"property-law-update-issue-34-2017","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/property-law-update-issue-34-2017\/","title":{"rendered":"Property Law Update | Issue 34 – 2017"},"content":{"rendered":"

SALE AGREEMENT \u2018STANDARD\u2019 WARRANTY: APPLICABLE TO PERSON SIGNING O.B.O. A TRUST?<\/h2>\n

Goldex 16 (Pty) Ltd v Capper NO and Others (24218\/2013) [2017] ZAGPJHC 305 (18 October 2017)<\/h3>\n

The facts of this matter make for a textbook example of things that can go awry when the basic requirements of dealing with a trust as a party to a transaction are not adhered to. The sale agreement was void as the trust\u2019s representative signed it without first obtaining the written authority to do so from the other trustee. The seller then sought to hold the trustee, in his personal capacity, bound to the agreement by relying on the \u2018usual\u2019 warranties clause contained in agreements pertaining to natural persons signing on behalf of entities (i.e. that the signatory warrants that he is \u201cauthorised to enter into the agreement on behalf of the trust, that all conditions had been complied with by the trust in order to make the agreement binding,\u201d and so forth). Could he do so?<\/p>\n

read more<\/strong>
\nThe Judgment<\/span><\/a>
\nSummary of the Judgment<\/span><\/a><\/p>\n

 <\/p>\n

STBB’S STSMA REFERENCE GUIDE<\/h2>\n

In this, the forty-third set of notes for your STSMA Reference Guide, Prescribed Management Rule 22 is discussed.<\/p>\n

read more<\/strong>
\nPrescribed Management Rule 22<\/span><\/a>
\n(N.B. Print in landscape)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

SALE AGREEMENT \u2018STANDARD\u2019 WARRANTY: APPLICABLE TO PERSON SIGNING O.B.O. A TRUST? Goldex 16 (Pty) Ltd v Capper NO and Others (24218\/2013) [2017] ZAGPJHC 305 (18 October 2017) The facts of this matter make for a textbook example of things that<\/p>\n","protected":false},"author":36,"featured_media":3177,"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-3802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-law-update"],"acf":[],"yoast_head":"\nProperty Law Update | Issue 34 - 2017 - 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-34-2017\/\" \/>\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-34-2017\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-34-2017\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Property Law Update | Issue 34 – 2017\",\"datePublished\":\"2017-11-24T13:03:46+00:00\",\"dateModified\":\"2019-11-12T13:06:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-34-2017\\\/\"},\"wordCount\":208,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-34-2017\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/thomas-lefebvre-3950-unsplash-1-1_banner.jpg\",\"articleSection\":[\"Property Law Update\"],\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-34-2017\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-34-2017\\\/\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-34-2017\\\/\",\"name\":\"Property Law Update | Issue 34 - 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