South Africa Law

Get your South African law questions answered by Experts

Ask a Lawyer,
Get an Answer ASAP!

Related South Africa Law Questions
There are three of us in CC who own a property. Split is
There are three of us in CC who own a property. Split is 60/30/10. Can the 30% shareholder sell shares without consent of 60% shareholder. The money in the account covers the outstanding bond so for t… read more
Freddie Lombard
Freddie Lombard
Attorney
Bachelor's Degree
2,851 satisfied customers
Myself and a partner had a 50/50 shareholding in a close corporation.
Myself and a partner had a 50/50 shareholding in a close corporation. When he sold his shares, i discovered the following: a) he completed 0 Turnover VAT reports which he submitted to SARS b) he gave … read more
WCLawyer
WCLawyer
Attorney
Bachelor's Degree
8,904 satisfied customers
I inherited 27.5% of farmland registered in a CC, with 5 other
I inherited 27.5% of farmland registered in a CC, with 5 other members to the CC. As this farm has closed up business, I need to sell my member's interest, but the value is too low in comparrison with… read more
Mike Otis
Mike Otis
Legal Advisor
Master's Degree
2,094 satisfied customers
I have a Capital Gains question. If I sell my business for
I have a Capital Gains question. If I sell my business for say R4000000 plus inventory of R200000 (cost) = R6000000, what will CGT be?… read more
Mike Otis
Mike Otis
Legal Advisor
Master's Degree
2,094 satisfied customers
My business partner has a loan account in our CC to the value
My business partner has a loan account in our CC to the value of approx R 250 000 which consists of upgrades to his property (new bathroom, kitchen etc.) He already gets monthly rent for this property… read more
WCLawyer
WCLawyer
Attorney
Bachelor's Degree
8,904 satisfied customers
Hi I am a member of a CC since 2007. We have been in business
Hi I am a member of a CC since 2007. We have been in business since then up to date. The main member left the company in 2010 as he was not interested in the business anymore . Since then he has not b… read more
JJ
JJ
Master's Degree
4,502 satisfied customers
I bought a company in May last year, paid R 2.2 million for
I bought a company in May last year, paid R 2.2 million for it. We have a sale agreement in place whereby I paid a deposit of R 500 000 with monthly payments of R 41 000 and an interest rate of 15% on… read more
WCLawyer
WCLawyer
Attorney
Bachelor's Degree
8,904 satisfied customers
My wife always arguse that the cc does not divorce, it is the
My wife always arguse that the cc does not divorce, it is the people that divorce. In the case of divorce, when do we dissolve the cc? is it during the settlement arguments or what. She also argues th… read more
inciteadvisor
inciteadvisor
Commercial Lawyer
Post graduate degree- LLB
814 satisfied customers
If property is purchased in the name of a cc (with four members),
If property is purchased in the name of a cc (with four members), how does the Loan Account reflect on the Balance Sheet? If he property is currently valued at, e.g., R1,000,000 and the deceased party… read more
inciteadvisor
inciteadvisor
Commercial Lawyer
Post graduate degree- LLB
814 satisfied customers
Good day. I am a 40% member of a close corporation. I have
Good day. I am a 40% member of a close corporation. I have no part in the management of the business, which is the responsibility of the 60% member. I am concerned that she is making poor decisions an… read more
WCLawyer
WCLawyer
Attorney
Bachelor's Degree
8,904 satisfied customers
My husband and I hold 80% share in a cc. We have 2 other members
My husband and I hold 80% share in a cc. We have 2 other members who hold 10% each. Are we able to sell our shares without notifying the the members who hold 10% each.… read more
WCLawyer
WCLawyer
Attorney
Bachelor's Degree
8,904 satisfied customers
My son is going thru a divorce - there are no children - they
My son is going thru a divorce - there are no children - they have been married 5 years with an ante nuptial contract with accrual. He inherited before marriage money from a trust which he then bought… read more
WCLawyer
WCLawyer
Attorney
Bachelor's Degree
8,904 satisfied customers
A member of a close corparation offered the sale of his members
A member of a close corparation offered the sale of his members interest to another member of the cc for the amount of R 1.00 verbally. The offer was accepted and the amount was paid. How legal is the… read more
Mike Otis
Mike Otis
Legal Advisor
Master's Degree
2,094 satisfied customers
Good Evening I have been working with my older brother in
Good Evening I have been working with my older brother in a cc for 20 years. He owns 51%, I own 29%, two other recent members hold the balance. This business is a sales & distribution agent for a very… read more
WCLawyer
WCLawyer
Attorney
Bachelor's Degree
8,904 satisfied customers
i am in business on a 50/50 basis with my partner. it is for
i am in business on a 50/50 basis with my partner. it is for practical reasons structured as 70/30 in favour of my partner in a cc. however we have a separate partnership agreement that reflects roles… read more
WCLawyer
WCLawyer
Attorney
Bachelor's Degree
8,904 satisfied customers
I havebeen living in and working off a property for nearly
I havebeen living in and working off a property for nearly thirteen years. The owner who was has now passed away and I have inherited with one of my siblings 2/5ths of the property. It was agreed to s… read more
WCLawyer
WCLawyer
Attorney
Bachelor's Degree
8,904 satisfied customers
I am in the process of getting divorced and would a rough breakdown
I am in the process of getting divorced and would a rough breakdown of the settelment. Married in community of property with accrual + ANC contract. Property R 2,500 000 Movable assests R200 000 My es… read more
CaseLaw
CaseLaw
Attorney
Master's Degree
1,747 satisfied customers
1. The use of the name River Lodge belonging to a registered
1. The "use" of the name "River Lodge" belonging to a registered CC by that exact name (i.e. River Lodge CC Reg.:1234) was sold by Smith Trust to Lion Safari (Pty) Ltd as part of a sale agreement (in … read more
JP
JP
Bachelor
590 satisfied customers

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).

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

PHINEAS MOTAUNG

PHINEAS MOTAUNG

Attorney

113 satisfied customers

BACHELOR OF LAWS

Emil

Emil

Attorney

33 satisfied customers

BCom Law LLB, 3 years post article experience as attorney

LCP

LCP

Attorney

21 satisfied customers

BCom (Stell) LLB LLM

Freddie Lombard

Freddie Lombard

Attorney

2,851 satisfied customers

Practicing attorney and conveyancer with 16 years post article experience.

Shaie Zindel

Shaie Zindel

Attorney

1,250 satisfied customers

All areas of commercial and contract Law - specialist in property advice.

inciteadvisor

inciteadvisor

Commercial Lawyer

814 satisfied customers

B.Com LLB Registered Corporate lawywer

Christiaan K

Christiaan K

238 satisfied customers

Attorney & Director at Lombard Kotze Incorporated

< Previous | Next >

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).

Show MoreShow Less

Ask Your Question

x