Britz v Sequeira (5071/2018)
Britz v Sequeira (5071/2018) [2020] ZAFSHC 81; [2020] 2 All SA 415 (FB) (20 March 2020)
Although the general rule is that every co-owner is entitled to termination of joint ownership, the court found that the complex and intertwined financial relationships between the parties, including unresolved claims in the Pretoria High Court regarding close corporation interests and loan accounts, would render immediate termination unjust and inequitable. The respondent would be prejudiced if the property were sold before his claims are resolved, as he lacks the financial means to purchase the applicant's share or bid at auction. The alleged lifelong right of habitatio was dismissed as leg…
Source excerpt
- Termination Of Joint Ownership
- Actio Communi Dividendo
- Stay Of Proceedings
- Exclusive Use Areas
- Mortgage Bond Priority