Sureties in or out of the NCA? Why does it matter?
Introduction Credit transactions and lending agreements often involve a third party (the surety) who guarantees the performance of another party’s obligations (the principal debtor) towards a creditor. While surety agreements can provide financial security and...
Navigating the Fintech Regulatory Landscape
The fintech industry in South Africa is experiencing a significant surge in innovation, paving the way for financial institutions to reach a broader customer base and fostering much-needed financial inclusion in the country. However, the rapid expansion of this...
VOETSTOOTS: Not a get-out-of-jail-free card for sellers
Introduction Property sales in South Africa are typically covered by the so-called “voetstoots” clause, which essentially means buying a property “as is”. But this applies only to “patent” defects and to “latent” defects...
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