Bergh and Another v Viljoen and Another (14223/13)
Bergh and Another v Viljoen and Another (14223/13) [2014] ZAWCHC 86 (20 May 2014)
The court found that the agreement between the parties contained all the essential elements of a partnership under South African law. Each party made a substantial financial contribution to the purchase of the farm, satisfying the requirement of contribution. The arrangement was for the joint benefit of all parties, as each obtained immediate possession and development rights over their respective portions, pending subdivision. The court interpreted the requirement of 'profit' or 'gain' broadly, concluding that the advantages and benefits accruing to each party constituted sufficient gain for…
Source excerpt
- Partnership Dissolution
- Liquidation Of Partnership Assets
- Ownership Of Agricultural Land
- Contractual Essentialia
- Division Of Property