How Can I Buy Property in South Africa as a Foreigner?
South Africa is a popular choice with international property buyers, offering high affordability and growth potential, a strong legal and regulatory system, and of course a very attractive lifestyle with a wide variety of property options. Our newly minted crown as “the friendliest country in the world for tourists” means we could become even more popular.
Whether you’re one of those overseas visitors hankering after your own slice of Mzansi, or a local keen to answer your visitors’ questions on buying property here, this article’s for you.
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Directors: Here’s How to Avoid Being Sued for Company Debts
As a company director you must comply with a plethora of legal and fiduciary duties, so it’s essential to manage your risk of being sued personally for company debts and losses.
The good news is that protecting yourself from this sort of liability isn’t a hugely complicated process (we’ll share some tips) – but it is worth getting right! As a recent Supreme Court of Appeal decision shows, big money can be at stake (R41.4m in this case) and the outcome could be touch-and-go if you aren’t prepared.
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A New School Year Dawns – Can Unpaid Fees Bar Your Child From Enrolling?
The new school year is upon us! Amidst all the excitement and angst of the “back-to-school” mayhem, let’s have a look at an important new High Court decision tackling the thorny question of whether learners can be barred from school if their parents don’t pay fees.
The Court’s decision, interdicting a father from enrolling his daughter in the school that he owes R407k, discusses the potentially competing rights at play – the best interests of minors, our constitutional right to education, and the rights of schools to collect fees.
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Revenge Porn and a Fake Facebook Profile – Online Defamation Costs a Couple R3.55m
Defamation has been with us since the beginning of recorded history, but our digital age has spawned the rise of a particularly pernicious phenomenon – online “revenge porn”. Victims are easy prey for their tormentors, as their private images and videos develop a life of their own in cyberspace.
On the plus side, our courts have signalled clearly that they will not tolerate such digital abuse, with a recent R3.55m damages award against a couple. Hopefully their traumatised victim will take some solace from her comprehensive legal victory.
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Legal Speak Made Easy
“Juristic Person”
“Juristic (or legal) personality” is an important concept stemming from the principle that certain entities can have the same rights and responsibilities as “natural persons” or “individuals”. They can therefore trade, enter into contracts, hold assets and incur liabilities in their own names.
The definitions of “juristic person” or “person” vary according to the legislation, but – generally speaking – companies, other corporate entities, NPOs and similar bodies are all regarded as juristic persons. Trusts and partnerships are, somewhat confusingly, not juristic persons – but they can be treated, and are sometimes defined, as having a separate legal identity in various contexts.
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DisclaimerThe 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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