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Related South Africa Law Questions
I was in the process of purchasing a house. The bank
I was in the process of purchasing a house. The bank approved 100% loan. The bank's lawyers asked for documentation to process the transaction. It was discovered that my marriage (although it took pla… read more
CaseLaw
CaseLaw
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I used to own a house(Absa loan). The company that I did
Good day. I used to own a house(Absa loan). The company that I did work for was liquidated in 2003. Because I had a tenant at that time, I informed him about my situation and that I need to increase m… read more
Chris K
Chris K
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I have a home loan for a house I purchased jointly with my
Hi I have a home loan for a house I purchased jointly with my sister, I just like to know the consequences of this as she has a business and in financial problems so I am paying the bond and can conti… read more
Freddie Lombard
Freddie Lombard
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good day, i need advice. We signed a offer to purchase on
good day, i need advice. We signed a offer to purchase on property for 1.8m. The seller owns 2.2 mil on this absa bond. He refuses to sign the AOD with ABSA and the conveyance attorneys cant do the bo… read more
WCLawyer
WCLawyer
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Good evening, we had a problem with our house it went up for
Good evening, we had a problem with our house it went up for auction. We appointed Kozen Financial Services they said that they would be able to stop the aution if we pay them R2500. So we paid them a… read more
Barend B.
Barend B.
Master's Degree
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Hi there, I have been divorce for 4 years in November and
Hi there, I have been divorce for 4 years in November and in the divorce agreement granted it states that my ex husband would continue paying the house that was purchased in both our names and I would… read more
Freddie Lombard
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We currently have a Bond with Absa, which we had to make arrangements
We currently have a Bond with Absa, which we had to make arrangements when we fell behind with our monthly payments. We were previously under Debt Review, but eventually cancelled as we still had endl… read more
Freddie Lombard
Freddie Lombard
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hi...im filling for divorce and I was advised that the best
hi...im filling for divorce and I was advised that the best way to go is to have my husband sequestrated. I believe the house will have to be auctioned and all items that haven't been paid will be rep… read more
WCLawyer
WCLawyer
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i have singed an offer to purchase property(new development)
i have singed an offer to purchase property(new development) and paid 20000 deposit subject to bond approval. The interest rate on home loans that I am offered is not attractive at all and now I want … read more
WCLawyer
WCLawyer
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I was sequestrated by FNB for arrears on my bond. During this
I was sequestrated by FNB for arrears on my bond. During this process I had a cash offer to purchase for R1 200 000.00 on one of the 2 bonds I had with them. The amount of the bond in question owing t… read more
CaseLaw
CaseLaw
Attorney
Master's Degree
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We signed a offer to purchase on our property 15 months ago.
We signed a offer to purchase on our property 15 months ago. Prior to this we requested from our bank outstanding payment records in order to do a full amortisation calculation on the settlement value… read more
Auxilium
Auxilium
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Hi We thought we were in debt review and we left South Afric
Hi We thought we were in debt review and we left South Africa to move to New Zealand. We were paying the pda faithfully and occasionally got a letter from one of the banks involved with our properties… read more
Mike Otis
Mike Otis
Legal Advisor
Master's Degree
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My son has applied for a bond of R160,000 on a property valued
My son has applied for a bond of R160,000 on a property valued by the bank at R490,000.There is a clause in the advice from the bank that the bond has been granted with the following clause:- "The mor… read more
Mike Otis
Mike Otis
Legal Advisor
Master's Degree
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I purchased a sectional title property in Cape Town in July
I purchased a sectional title property in Cape Town in July 2010. A clause in an addendum to the deed of sale states that Absa Bank must approve the sale. The matter has now been outstanding for 11 mo… read more
Mike Otis
Mike Otis
Legal Advisor
Master's Degree
2,094 satisfied customers
Deceased Estate Auction value of total estate (R2-m+). House
Deceased Estate Auction : value of total estate (R2-m+). House purchased April 2004 for R1,8-m then did additional extensions of R300 000 during the same period, by the same builder and architect. Thu… read more
JJ
JJ
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Master's Degree
4,502 satisfied customers
I want to buy a house. The house is R1,800,000. My fiances
I want to buy a house. The house is R1,800,000. My fiance's mother has R 1,000,000 and she said it is fine that we use it and pay it back later but it needs to be protected. We got a bond for R 800,00… read more
JJ
JJ
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Master's Degree
4,502 satisfied customers
My property was sold in a sale in execution by the local sheriff
My property was sold in a sale in execution by the local sheriff in South Africa. I have since filed an urgent interdict to rescind the default judgement that led to the sale in execution, to stop any… read more
Barend B.
Barend B.
Master's Degree
1,364 satisfied customers
I bought a property 2006 of which Standard Bank is the bond
I bought a property 2006 of which Standard Bank is the bond holder. The property was bought in joint partnership (50/50) - registered in both our names. We later got married during which time the part… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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