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STARTING A BUSINESS IN 2017: THE PRIVATE COMPANY OPTION
“My best entrepreneurial advice is to start” (Dave Morin, entrepreneur, angel investor, CEO and co-founder of social network Path) In our last article in the series “Choosing the right legal entity for your business” we looked at the partnership option. Let’s move on to the private company option, where your business is ow...
BUY THAT HOUSE! YOU’RE OFF THE HOOK FOR THE SELLER’S MUNICIPAL DEBTS
A recent Pretoria High Court judgment has come to the rescue of property buyers being pressured by the local municipality to pay the previous owner’s debts. When you buy a property, the municipality won’t issue the seller with a “clearance certificate” – necessary for the transfer of the property to you - until all rates and...
Bad tenants: Can you lock them out?
“I’ll answer him by law” (Shakespeare) It’s very tempting, when you have a bad tenant who doesn’t pay his/her rentals or otherwise remains consistently and unapologetically in breach of the lease, to slap the biggest and strongest padlock you can find onto the front door/driveway gate. Don’t do it! By taking the law into...
Lost views and rising damp – Lessons for home buyers
Learn from the mistakes of others. You can’t live long enough to make them all yourself. Eleanor Roosevelt Here’s the story of yet another bitter dispute between neighbours over the loss of a treasured view. The setting this time is a group housing development which was specifically designed to give each and every house view...
September 2016: Your will and a practical plan for your loved ones
“Where there’s a will, I want to be in it” (Anon) Whether you are young or old, healthy or ill, single or attached, you should have a Will. Without one, you die “intestate”, which means you forfeit your right to decide who inherits what, who administers and distributes your estate, and who looks after your children and their...