Everything that shines isn’t always gold: property owners must be weary in light of new SCA judgment
Imagine finding your dream home: a charming townhouse with sufficient space for you and your family in a quiet neighborhood with a resplendent view of the cityscape. It ticks all of the boxes and you cannot wait to move in and begin this new chapter of your life. Now imagine just before you take transfer, being informed that you have to pay debts incurred by the previous owners – suddenly, the home of your dreams becomes a house of nightmares. In February 2016 the Supreme Court of Appeal (SCA) held that property owners can be held liable by the Municipality…