n Without Prejudice - Protecting vulnerable purchasers : property law
|Article Title||Protecting vulnerable purchasers : property law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Author||Yvette Janse van Vuuren|
|Publication Date||Jul 2015|
|Pages||66 - 68|
In terms of the common law, immovable property vests in the trustee of the insolvent estate of a seller if the estate is sequestrated before transfer of the property to the purchaser. The purchaser of the immovable property runs the risk of losing both the property and any money he or she may have paid.
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