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January 2021 NEWSLETTER |
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2021 and its “work anywhere, live anywhere” new normal could be a great time to build a house – perhaps a new home to live/work in, perhaps a house for investment or holidays.
Regardless, both building contractors and their landowning clients need to understand how vital it is to comply with the Housing Consumers Protection Measures Act. Is registration of the contractor with the NHBRC (National Home Builders Registration Council) enough? What happens if you fail to comply?
We address those questions with reference to a recent High Court case in which, for want of strict compliance, a builder lost its claim to payment for building a house.
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Your Website of the Month: Starting a Business in 2021
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Whether 2020’s lockdown gave you a great idea for a new business, put you out of a job, or killed your old business, 2021 may well be a year full of new opportunities. If the excitement and rewards of entrepreneurial life appeal to you, have a look at “Starting a Business” on the Small Business Site here for checklists and articles like –
- “#20Lessons20Years”,
- “Small business compliance guide”,
- “Where can I register my company in South Africa”, and so on.
Your first port of call however should always be your lawyer – not only are there important legal requirements to consider before you start up, but you need to choose the right vehicle and structure for your business (sole trader, partnership, company, trust etc) upfront.
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Disclaimer
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The information provided herein should not be used or relied on as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact us for professional, detailed and appropriate advice.
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