Darren began his career in law in 1996 when he commenced articles at the Cape Town based firm of CK Friedlander Shandling Volks, where he practised as professional assistant from 1998 to the year 2000 when he was appointed as a director of that firm. Darren joined STBB in 2001 as a director specialising in all aspects of Property Law. In June 2005, Darren was elected to the Executive Committee of the firm and continues to serve in that capacity. He specialises in all aspects of property law, conveyancing and notarial practice, with a particular emphasis on Commercial Property Finance transactions. Darren has acted for a number of local and international banks, property developers and large corporates. He graduated with the BA(UCT) and LLB (UWC) degrees and subsequently achieved an HDip Company Law  (Stellenbosch). He is admitted as an Attorney and Conveyancer of the High Court of South Africa.

Newsflash | Homeloans and Foreign Marriages: ABSA and FNB Specific Requirements

We have received indication from both ABSA and FNB that where a client’s marriage is governed by the laws of a foreign country, these banks require that the bond must be registered in the name of both spouses and that the application submitted needs to be by both spouses notwithstanding that the spouse applying for the financing may have sought to take out the loan in his or her own name.

The consequence is that if a loan is sought in respect of the purchase of immovable property from FNB or ABSA, such a purchaser will have to involve his or her spouse as co-purchaser and Co-Applicant, so that the bond that is registered can then reflect both owners as debtors of ABSA or FNB, whichever is applicable.

Keep this in mind when concluding agreements with purchaser(s) whose marriage is governed by the laws of another country. Contact your STBB conveyancer should you require any assistance.

For the best legal advice and personalised service, let's talk