{"id":5894,"date":"2016-04-07T07:16:00","date_gmt":"2016-04-07T05:16:00","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=5894"},"modified":"2019-12-24T07:19:08","modified_gmt":"2019-12-24T05:19:08","slug":"property-law-update-issue-12-2016","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/property-law-update-issue-12-2016\/","title":{"rendered":"Property Law Update | Issue 12 &#8211; 2016"},"content":{"rendered":"<h2>DAMAGES CLAIM FOR AGENT PREVENTED FROM PERFORMING MANDATE<\/h2>\n<h3>Lushaka Investments (Pty) Ltd v JHI Properties (Pty) Ltd (A5085\/2014) [2016] ZAGPJHC 45<br \/>\n(31 March 2016)<\/h3>\n<p>Granting an exclusive mandate to an agent generally means that, for a determined period of time, the agent has the sole right to market the property and solicit offers in respect thereof. Where the seller breaches the provision, he may be liable to pay damages equal to commission to the agent who has been frustrated in performing his\/her duties, as the interesting facts of this matter illustrate.<\/p>\n<p><strong>read more<\/strong><br \/>\n<a href=\"http:\/\/www.saflii.org\/za\/cases\/ZAGPJHC\/2016\/45.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #e66a21;\">The Judgment<\/span><\/a><br \/>\n<a href=\"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/stbb_plu12-2016_s1.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #e66a21;\">Summary of the Judgment<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2>PRESCRIPTION WHERE SALE NOT ENFORCEABLE FOR LONG PERIOD AFTER ITS CONCLUSION<\/h2>\n<h3>Kosmos v Leopont (20546\/2014) [2016] ZASCA 48 (31 March 2016)<\/h3>\n<p>In this matter, new owners in a development sought to force the developer to finalise erection of facilities. Transfer was however effected a long time after the sale agreements were concluded and issues regarding prescription of the owners&#8217; claims arose. The court held that prescription could only commence when the sale agreements became enforceable. What does this mean in a sale?<\/p>\n<p><strong>read more<\/strong><br \/>\n<a href=\"http:\/\/www.saflii.org\/za\/cases\/ZASCA\/2016\/48.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #e66a21;\">The Judgment<\/span><\/a><br \/>\n<a href=\"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/stbb_plu12-2016_s2.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #e66a21;\">Summary of the Judgment<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DAMAGES CLAIM FOR AGENT PREVENTED FROM PERFORMING MANDATE Lushaka Investments (Pty) Ltd v JHI Properties (Pty) Ltd (A5085\/2014) [2016] ZAGPJHC 45 (31 March 2016) Granting an exclusive mandate to an agent generally means that, for a determined period of time,<\/p>\n","protected":false},"author":36,"featured_media":3291,"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-5894","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","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 12 - 2016 - 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-12-2016\/\" \/>\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-12-2016\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-12-2016\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Property Law Update | Issue 12 &#8211; 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