We often find that local South Africans and foreign nationals attend our office to sign cohabitation agreements. This agreement is required to meet South African visa requirements. In my own experience, these often do not make specific reference to any legislation and only aim to establish that a relationship exists. This arrangement is commonly known…
Trust Nicolene Schoeman – Louw is an admitted Attorney of the High Court of South Africa, Conveyancer, Notary Public and Mediator; with a passion for entrepreneurs and helping them reach their most ambitious goals. She has enjoyed the confidence of many successful entrepreneurs. As a trusted advisor she has actively contributed to the successes of…
Even before the current crisis, the failure rate of small businesses in South Africa officially stood at around 60%. Poor contracting and legal documentation is a key factor in failure, as entrepreneurs commit themselves to legally binding agreements that are not in their favour, are unable to recover bad debts or do not maintain compliance…
Early termination of credit agreements is a common occurrence in the credit market. Accordingly, Consumers should be aware of the correct processes and procedures which must be complied with when they are desirous of early termination of the credit agreement. In the same breath, Credit Providers must be aware of their rights more importantly when…