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A long-term lease agreement as a trigger event for a right of pre-emption

Mini Dissertation (LLM (Mercantile Law))--University of Pretoria, 2022.

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Other Authors: Mapefane, Nthope
Format: Thesis
Language:English
Published: University of Pretoria 2022
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access_status_str Open Access
author2 Mapefane, Nthope
author_browse Mapefane, Nthope
author_facet Mapefane, Nthope
collection Thesis
dc_rights_str_mv © 2022 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (LLM (Mercantile Law))--University of Pretoria, 2022.
format Thesis
id oai:repository.up.ac.za:2263/87738
institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:37:57.427Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2022
publishDateRange 2022
publishDateSort 2022
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/87738 A long-term lease agreement as a trigger event for a right of pre-emption Mapefane, Nthope anindek@gmail.com Kamffer, Anindé UCTD South African law English law Dutch law German law Mini Dissertation (LLM (Mercantile Law))--University of Pretoria, 2022. A lacuna in the South African law exists with regard to whether the registration of a long-term lease agreement over property (a real right) triggers the operation of an existing pre-emptive right (personal right) over the same property. In this study, a legal analysis is conducted with reference to the English law, German law and Dutch law regarding their approach to competing interests of pre-emptive rights and a lessee’s rights under a long-term lease agreement. The aggrieved party’s remedies are also considered. It is necessary to establish whether a long-term lease agreement is considered as a “trigger event” for pre-emption. The trigger event is usually the owner’s desire to sell the property. It may happen that a third party approach the owner with a desire to purchase the property, but due to the right of pre-emption the owner’s right of ownership (to sell) is limited. To avoid the operation of the pre-emptive right, the owner and the third party may consider concluding a long-term lease agreement, with or without the third party’s knowledge of the pre-emptive right. The problem that arises is where a long-term lease agreement is concluded with the aim to circumvent the operation of the pre-emptive, and whether this agreement triggers the pre-emptive right, alternatively, will this transaction, which conceals the true nature and purpose of the agreement, constitute a simulated contract? Will the aggrieved party have a remedy at their disposal in a situation where their personal right of pre-emption is infringed by a third party and against whom can they enforce its remedy? The application of the doctrine of notice, i.e., whether the third party had knowledge of the pre-emptive holder’s rights, affects the position, This doctrine of notice will determine against whom the respective parties have remedies at their disposal. Regardless of this doctrine and whether the subsequent contract is considered as a simulated contract, the aggrieved party will have a remedy at their disposal. Mercantile Law LLM (Mercantile Law) Unrestricted 2022-10-17T09:48:23Z 2022-10-17T09:48:23Z 2022-12 2022 Mini Dissertation * A2023 https://repository.up.ac.za/handle/2263/87738 en © 2022 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
South African law
English law
Dutch law
German law
A long-term lease agreement as a trigger event for a right of pre-emption
title A long-term lease agreement as a trigger event for a right of pre-emption
title_full A long-term lease agreement as a trigger event for a right of pre-emption
title_fullStr A long-term lease agreement as a trigger event for a right of pre-emption
title_full_unstemmed A long-term lease agreement as a trigger event for a right of pre-emption
title_short A long-term lease agreement as a trigger event for a right of pre-emption
title_sort long term lease agreement as a trigger event for a right of pre emption
topic UCTD
South African law
English law
Dutch law
German law
url https://repository.up.ac.za/handle/2263/87738