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Antenuptial Contracts
Antenuptial contracts set what we believe to be the cornerstones of successful unions. Think of your antenuptial contract (“ANC”), or colloquially known as a “Pre-nuptial contract”, as the foundation to building a home.
Having an ANC offers several benefits, for example:
- Preventing your intended marriage from automatically being in community of property
- Offering transparency in your relationship by recording the rights, duties and consequences (legal and proprietary) of your marriage
- Preventing unnecessary disputes with your spouse down the line
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Suggested reading and related topics
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ENAC: Can a party withhold their own performance where the other party has failed to perform?
Introduction It is a well-established principle in South African Law of contract that a party’s obligations are reciprocal, in the majority of contracts concluded. The question is, can a party refuse to perform their contractual obligations on the basis that the other...
Effect of the Restraint of Trade in Your Employment Contract
Introduction The provision for restraint of trade clauses may seem simple and employees may be tempted to agree to it when newly employed. However, the effect of the clause is far-reaching and employees must be aware that they are presumed to be familiar with the...
The offer to purchase is a binding agreement!
Introduction The purchase of property, especially for first-time buyers, may seem riddled with legalities and leaves the buyer with many questions around their rights, what they are entitled to ask and uncertainty about their responsibilities to the seller....