Maryna holds the BA, LLB, LLM degrees and is a Director at the Cape Town branch of STBB. She is an admitted Attorney, Notary Public, Conveyancer and Insolvency Practitioner with many years of experience in the fields of property law, conveyancing and the laws relating to corporate compliance (especially in respect of the FICA and POPIA laws). Up until 2018 she was also head of the firm’s national marketing portfolio. She is a seasoned public speaker and presenter, both in person and online. She prepares text for the majority of STBB’s internal and external publications and is editor and co-writer for two pivotal publications in the South African real estate industry – the ABC of Conveyancing (JUTA) and Delport’s South African Property Law and Practice (JUTA).

Property Law Update | Issue 16 – 2017

AGREEING TO ENTER INTO A SALE AGREEMENT LATER

Abigak 1 General Trading & Investment CC v Gani and Another; Gani and Another v Balkin and Others (1184/16; 6620/16) [2017] ZAGPJHC 126
(5 May 2017)

It happens from time to time that persons agree ‘in principle’ to enter into a formal agreement about a specific matter. In this judgment, the court grappled with just such a scenario relating to the sale of land. The question was whether an oral agreement to the effect that a seller will enter into a written sale agreement of land with the buyer can trump a subsequent sale and transfer of the property to a third party.

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The Judgment
Summary of the Judgment

STBB’S STSMA REFERENCE GUIDE

In this, the twenty-fourth set of notes for your STSMA Reference Guide, Prescribed Management Rule 3 is discussed.

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Prescribed Management Rule 3
(N.B. Print in landscape)

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