Bondev Midrand (Pty) Limited v Ramokgopa and Others (72637/2013) [2015] ZAGPPHC 1136 (27 October 2015)

Bondev Midrand (Pty) Limited v Ramokgopa and Others (72637/2013) [2015] ZAGPPHC 1136 (27 October 2015)

The court held that the applicant's claim for retransfer of the property, based on the failure to erect a dwelling within the stipulated period, constitutes a debt as contemplated in the Prescription Act. Registration of the condition in the deed of transfer does not convert the right into a real right; it remains a personal right, enforceable only against the original transferee and not successors in perpetuity. The claim arose at the expiry of the 18-month building period, and the applicant was required to exercise its discretion to claim retransfer within a reasonable time thereafter. The three-year prescription period under section 11(d) of the Prescription Act applies, and the...

Citation
[2015] ZAGPPHC 1136
Parties
Applicant: Bondev Midrand (Pty) Limited; Respondent: Petrus Kgosi Ramokgopa; Respondent: The Registrar of Deeds, Pretoria; Respondent: Nedbank Limited
Court
North Gauteng High Court, Pretoria
Jurisdiction
South Africa
Judgment Date
27 October 2015
Case Number
72637/2013
Procedural Posture
Civil Application / First Instance Judgment
Outcome
The respondent's plea of prescription is upheld; the applicant's claim is dismissed with costs.
Judges
M Akhubele
Legal Topics
Prescription Act, Restrictive Title Conditions, Retransfer of Property, Personal Vs Real Rights, Deeds Registries Act

Case Brief

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Parties

Bondev Midrand (Pty) Limited

Applicant

Petrus Kgosi Ramokgopa

Respondent

The Registrar of Deeds, Pretoria

Respondent

Nedbank Limited

Respondent

Procedural Posture

Civil Application / First Instance Judgment

  1. 1 Does the applicant's claim for retransfer of the property constitute a debt as contemplated in the Prescription Act?
  2. 2 Has the applicant's claim prescribed in terms of section 11(d) of the Prescription Act?
  3. 3 Does registration of a personal obligation in a deed of transfer elevate it to a real right?

Ratio Decidendi

The court held that the applicant's claim for retransfer of the property, based on the failure to erect a dwelling within the stipulated period, constitutes a debt as contemplated in the Prescription Act. Registration of the condition in the deed of transfer does not convert the right into a real right; it remains a personal right, enforceable only against the original transferee and not successors in perpetuity. The claim arose at the expiry of the 18-month building period, and the applicant was required to exercise its discretion to claim retransfer within a reasonable time thereafter. The three-year prescription period under section 11(d) of the Prescription Act applies, and the...

Court Disposition

The respondent's plea of prescription is upheld; the applicant's claim is dismissed with costs.

Orders

  • The respondent's plea of prescription is upheld.
  • The applicant's claim is dismissed with costs.