SEEN THE HOUSE OF YOUR DREAMS, BUT NO FINANCE?
You’ve signed for your dream home, done your homework, and confirmed you can afford the repayments. You’ve even pictured that perfect lounge suite in the family room. But then, unexpectedly, the banks decline your application—not due to affordability, but because of risk. Risk, in this context, refers to an internal
“ONES WILL IS POSSIBLY THE MOST IMPORTANT DOCUMENT OF ONES LIFETIME”. ~ THE DRAFTING OF WILLS, HARRY BARKER.
A recent client survey conducted by Discovery Life reveals that while 98% of respondents believe having a Will is important, almost a third (31%) admitted that they do not have a will in place. Everyone wants their family members and loved ones to be cared for after they’re gone. Sadly,
5 MILLION RAND FINE FOR POPIA NON-COMPLIANCE
Under the Protection of Personal Information Act of 2013 (“the Act”), non-compliance carries severe penalties, including fines and imprisonment. For minor offences, a guilty party may face a fine or imprisonment for up to 12 months, while for serious offences, the imprisonment term can be as long as 10 years.
THE RISKS OF BEING MARRIED IN COMMUNITY OF PROPERTY
Matrimony is a significant and transformative event in an individual’s life, symbolising love, commitment, and partnership. In many parts of the world, couples can choose the legal system that will govern their marriage. One such option is getting married under the community of property system, where the assets and liabilities
TYPES OF COMPANIES IN SOUTH AFRICA – PART 1
In South Africa, you can register several different types of companies, each with its own distinct characteristics and requirements. The main types of companies in South Africa include: Private Company (Pty) Ltd: A private company is the most common type of company in South Africa. It is a legal entity
SOLAR IS COMPLEX – STAYING IN A COMPLEX AND WANT TO INSTALL SOLAR, WHAT YOU SHOULD BE AWARE OF…
With the increasing need for alternative power solutions at home, installing such systems in a complex can be more “complex” than it might initially appear. If you own a unit in a complex, you own the interior of that unit (referred to as a “section”) as well as an “undivided
IT’S ABOUT TIME TO UNDERSTAND “OVERTIME”
In South Africa, employment laws are regulated by legislation such as the Basic Conditions of Employment Act 75 of 1977 (BCEA), which aims to protect workers’ rights and ensure fair working conditions. A significant aspect of these regulations is overtime pay, which compensates employees for working beyond their standard hours.
WHAT DOES LIFE IMPRISONMENT MEAN IN SOUTH AFRICA?
In South Africa, life imprisonment is the most severe punishment that can be imposed on a convicted criminal. A life sentence means that the individual will remain imprisoned for the rest of their natural life unless granted parole by the President or a court of law. Life imprisonment is