ANSWERS) Semester 2 2025 - DUE 18 August
2025
Question 1 — Vesting Clauses
(a) A partnership where at least one partner is married in
community of property (4)
Vesting Clause:
ABC Traders, a partnership consisting of Peter Smith, married
in community of property to Mary Smith, and John Brown,
married out of community of property to Anna Brown, both
carrying on business at 12 Market Street, Johannesburg.
Explanation:
The vesting clause for a partnership must state the full
names of all partners, their marital status, and
matrimonial property regime (if in community of
property, the spouse must also be named).
This is per Regulation 18 of the Deeds Registries Act.
(b) A person who does not have a valid identity document (3)
Vesting Clause:
David Jones, a major male person, identity number unknown
(passport number P1234567), unmarried, of 45 Long Street,
Cape Town.