Van Wyk and Another v ABSA Bank Limited and Others (3974/2022)
Van Wyk and Another v ABSA Bank Limited and Others (3974/2022) [2022] ZAFSHC 103 (31 May 2022)
The court found that the applicants failed to establish any material defect in the notice of sale sufficient to invalidate the sale in execution. No notice of sale was placed before the court, and the description in the conditions of sale was more than adequate under Rule 46(7)(b). The applicants' argument for a detailed, estate-agent style description was rejected as excessive and not required by law. The applicants did not provide proof of payment before the auction, and no binding agreement to cancel the sale was established. The respondents' version was accepted in accordance with the Pla…
Source excerpt
- Sale In Execution
- Mortgage Bond Enforcement
- Interim Interdict
- Rule 46a Compliance
- Notice Of Sale Requirements