Are restraint of trade agreements important for business?

Understanding Restraint of Trade Agreements in South Africa A restraint of trade is an agreement between an employer and an employee, or a provision in an employment contract that restricts an employee from being employed by a competitor of the employer, or establishing a business in competition with the employer following termination of employment. TIBMS […]

Important steps for the transfer of property

The Property Transfer Process in South Africa The transfer process can take up to three-months, sometimes longer. There are different steps involved in the transfer of a property, these include: Instruction A conveyancer receives the instruction to transfer the property. Communication The conveyancer communicates with the various role-players involved in the transfer process, such as […]

Before leasing, include these in the agreement

Key Elements to Include in a Lease Agreement If you consider leasing out your property, it is important not to overlook any requirement and expectations you may have of the incoming tenant. A basic lease agreement should at least have the below stipulated in detail: Basic information This includes the details of those who are […]

Awaiting your deposit

What to Do if Your Landlord Fails to Return Your Deposit What to know when your landlord has your deposit and has failed to pay it out You have viewed the new property and secured it by paying the correct deposit amount to the landlord. With the transition into your new space being as breezy […]