Mortgage Bond Types Explained

Summary

In South African law, a kustingsbrief mortgage bond secures the unpaid purchase price of land. When X buys land and mortgages an apartment to Y, both a kustingsbrief and a conventional mortgage bond are registered. The kustingsbrief secures the vendors lien, while the conventional bond secures the loan using Xs sectional title property.

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rephrase Even when courts, such as in the case of the Constitutional Court, is required to invalidate a law, it is done so by using legal grounds, not moral grounds.
Sure! Here is the rephrased statement:
"Even when courts, such as the Constitutional Court, are required to invalidate a law, they base their decisions on legal grounds rather than moral grounds."
please rephrase again
Sure! Here is the rephrased statement:
"Courts, including the Constitutional Court, invalidate laws by relying on legal grounds, not moral grounds."
What about In the event that a law must be invalidated, the court does so on legal grounds, not moral grounds.
Are you asking for a further rephrasing of that statement, or do you need information about how courts invalidate laws based on legal grounds?
other words for invalidate as in invalidate law
Sure! Here are some synonyms for "invalidate" in the context of laws:
- Nullify
- Repeal
- Abrogate
- Annul
- Overturn
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rephrase Courts therefore can still use a legal positivist approach as it confirms this institutional difference between the court and legislature.
Sure thing! Here’s the rephrased statement:
"Courts can still adopt a legal positivist approach, highlighting the institutional distinction between the judiciary and the legislature."
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rephrase . Therefore the legal positivist approach confirms the institutional deference between the court and legislature, thus courts may still use it.
Sure! Here's the rephrased statement:
"Thus, the legal positivist approach affirms the institutional deference between the court and legislature, allowing courts to continue using it."
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in south african law is this a kustingsbrief mortgage bond X purchases land, but since X does not have quite enough cash to pay the purchase price, X borrows the balance of the purchase price from Y. Simultaneously with the transfer of the land into X’s name, X mortgages his sectional title property (an apartment in a complex) in favour of Y to secure the loan. Analyse and explain the types of mortgage bond/s that will be registered.
In South African law, the scenario described involves the registration of a mortgage bond, specifically a "kustingsbrief" (vendor's lien). Here are the types of mortgage bonds likely to be registered:
- Kustingsbrief Mortgage Bond: This secures the unpaid purchase price of the land.
- Conventional Mortgage Bond: This secures the loan provided by Y using X’s sectional title property.
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