Chrisal Investments (Pty) Ltd and Others v Municipal Employees Pension Fund and Others (2018/14155)
Chrisal Investments (Pty) Ltd and Others v Municipal Employees Pension Fund and Others (2018/14155) [2019] ZAGPJHC 555 (19 February 2019)
The court held that under South African common law, no co-owner is obliged to remain in co-ownership against their will, and the actio communi dividundo is available unless expressly excluded by contract. The co-ownership contract in question did not contain any clear, express, or tacit term excluding the actio communi dividundo. The court found that the respondents' reliance on alleged common law prerequisites was not supported by authority and that the applicants were entitled to seek dissolution. The court exercised its equitable discretion to order the sale of the joint property by public…
Source excerpt
- Co Ownership Dissolution
- Actio Communi Dividundo
- Contractual Interpretation
- Liquidation Of Joint Property
- Partition Of Property
- Management Of Joint Assets