Christa Bekker - Home Loan Specialist

26/03/2026

The prime lending rate remains unchanged.

14/03/2026

𝗪𝗵𝗲𝗻 𝗱𝗼𝗲𝘀 𝗮 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗽𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝗼𝗳 𝗶𝗺𝗺𝗼𝘃𝗮𝗯𝗹𝗲 𝗽𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗯𝗲𝗰𝗼𝗺𝗲 𝗯𝗶𝗻𝗱𝗶𝗻𝗴 𝗼𝗻 𝘁𝗵𝗲 𝗽𝗮𝗿𝘁𝗶𝗲𝘀 𝘁𝗵𝗲𝗿𝗲𝘁𝗼?

In South African property law, a deed of sale for immovable property becomes binding on the parties once it complies with section 2(1) of the Alienation of Land Act 68 of 1981, which requires that the agreement be in writing and signed by both the buyer and the seller (or their authorised agents). However, where the agreement is subject to a suspensive condition—such as the buyer securing mortgage finance—the contract is not immediately enforceable. It remains inoperative until the condition is fulfilled within the agreed timeframe. Only upon fulfilment of the suspensive condition does the agreement become fully binding and enforceable, creating reciprocal obligations between the parties. If the condition is not fulfilled timeously, the agreement lapses automatically, and no legal consequences follow.

079 501 8842 | [email protected]
www.evalawchambers.co.za

08/03/2026

CONVEYANCING

ESTELLE VILJOEN
ATTORNEY & CONVEYANCER

Professional Property Transfer Services
Bond registration & cancellations
Expert legal advice in property matters

079 501 8842 | [email protected]
www.evalawchambers.co.za

26/02/2026

20/11/2025

14/08/2025

The MORCSA Code of Good Practice sets out 8 Principles of Ethical Conduct.

The 1st Principle in the Code of Ethics is CONSUMER FIRST!