{"id":6424,"date":"2016-02-09T10:25:57","date_gmt":"2016-02-09T08:25:57","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=6424"},"modified":"2020-01-09T10:28:36","modified_gmt":"2020-01-09T08:28:36","slug":"thought-of-the-week-beware-the-pitfalls-of-co-ownership","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/thought-of-the-week-beware-the-pitfalls-of-co-ownership\/","title":{"rendered":"Thought of the Week | Beware the pitfalls of co-ownership"},"content":{"rendered":"<p>With the price of property soaring, couples, friends and business partners often decide to buy a property jointly. Be warned though that co-ownership is (not without reason) somewhat infamous, as reflected in the Roman law maxim, <i>communio est mater rixarum<\/i> (co-ownership is the mother of all disputes), often quoted in case law dealing with the termination of joint ownership.<\/p>\n<p>While initially co-ownership tends to be simple while the parties\u2019 relationships thrive, things become very complicated once relations sour. Problems may be avoided or minimised if all parties enter into a prior written agreement, stipulating how they intend to deal with various situations that may arise. It would be prudent for each party to take independent legal advice to ensure that the agreement is fair.<\/p>\n<p>When considering co-ownership of property, contact a property law specialists at <a href=\"https:\/\/stbb.co.za\/dev2\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #e66a21;\">STBB<\/span><\/a> before putting pen to paper.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the price of property soaring, couples, friends and business partners often decide to buy a property jointly. Be warned though that co-ownership is (not without reason) somewhat infamous, as reflected in the Roman law maxim, communio est mater rixarum<\/p>\n","protected":false},"author":74,"featured_media":3179,"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":[110],"tags":[],"class_list":["post-6424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-thought-of-the-week"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Thought of the Week | Beware the pitfalls of co-ownership - 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\/thought-of-the-week-beware-the-pitfalls-of-co-ownership\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Corlene Mostert\" \/>\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\\\/thought-of-the-week-beware-the-pitfalls-of-co-ownership\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/thought-of-the-week-beware-the-pitfalls-of-co-ownership\\\/\"},\"author\":{\"name\":\"Corlene Mostert\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/aaf9d7e7fd7830d406c05eff723e0143\"},\"headline\":\"Thought of the Week | Beware the pitfalls of co-ownership\",\"datePublished\":\"2016-02-09T08:25:57+00:00\",\"dateModified\":\"2020-01-09T08:28:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/thought-of-the-week-beware-the-pitfalls-of-co-ownership\\\/\"},\"wordCount\":150,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/thought-of-the-week-beware-the-pitfalls-of-co-ownership\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/yoosun-won-6Lm3EcOXYGY-unsplash_banner.jpg\",\"articleSection\":[\"Thought Of The Week\"],\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/thought-of-the-week-beware-the-pitfalls-of-co-ownership\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/thought-of-the-week-beware-the-pitfalls-of-co-ownership\\\/\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/thought-of-the-week-beware-the-pitfalls-of-co-ownership\\\/\",\"name\":\"Thought of the Week | Beware the pitfalls of co-ownership - 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Corlene commenced her studies at the University of Stellenbosch where she obtained a BA (LAW) LLB LLM degrees. She obtained her Master's degree in Law while finishing her articles at a law firm in Cape Town and was admitted as an Attorney in 1996. She specialized in constitutional litigation issues, concerning land specifically reform , and then decided it was time for a career change and was admitted as a Conveyancer in 2007. 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