UWA NS-Xulu-Logo-tm

Legal Mondays

Voetstoots clause is a standard term inserted into property sale agreements. It says that the purchaser is buying the property as it stands so if a purchaser accepts terms in an agreement, they are accepting the property as is and renounces their right to claim against a seller if a defect is found.

However, if a seller conceals a defect or fails to disclose a known defect, he cannot hide behind the voetstoots clause and the purchaser can cancel the contract if a defect is so serious that he can prove that a reasonable man would not have bought the property had he known about the defect.

www.xuluattorneys.co.za

UWA Support

Umhlanga Women Achievers would love for you to know that we are here for you, and we are reaching out to all our members to offer support and guidance through these uncertain times.

What you can do for your business during lockdown

Here are a few things you can do for your business during Lockdown, that will help.