Marriage out of COP Flashcards

(44 cards)

1
Q

What are the main features of marriage out of the community of property?

A
  1. Usually there is no joint estate
  2. An antenuptial contract should be signed before the marriage.
  3. Each spouse manages their own estate separately.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

which type of joint estate can the partners ask for?

A

Joint estate (profit and loss)
joint ownership of joint assets(house)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

When is the marriage out of community of property?

A
  1. When there is a valid and registered ANC
  2. Change of matrimonial property system according to S20 of the Matrimonial Property Act
  3. Black persons who concluded a marriage before 2 December 1988 without a prescribed statement and ANC, and who, after 14 April 2021, notified the director general of the home affairs in writing that they want to keep the matrimonial system in consequence of Sithole vs Sithole.
  4. When the husband is domiciled in the country where the marriage will be out of community of property if there is no ANC, and they have no ANC.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What are the forms of marriage out of community of property?

A
  1. With the accrual system
  2. Without accrual system
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

what happens if the marriage is out of cop with the accrual system?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

what happens if the marriage is out of the cop without the accrual system?

A
  1. There is no sharing of profit and loss
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What does the marriage out of COP require?

A

An antenuptial contract that expressly excludes the accrual system and community of property and loss.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

When is the redistribution of assets possible?

A

only possible if the marriage was concluded before 1 November 1984. This is according to section 7 of the Divorce Act

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What regulates the marriage out of COP?

A

common law

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What is the spouses capacity to act if they are married out of cop?

A
  1. They have the full capacity to act; there is no juristic acts that require the consent of the other spouse.
    - Enter into contracts independently
    - Alienate the spouse’s assets without their consent; however, the spouse can claim it back from the third party.
    - Responsible for their own delicts
    - Debts
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

When does the ANC become a prerequisite?

A
  1. For a marriage out of cop
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

what is the purpose of the ANC?

A

The purpose is not to create legal obligations between spouses but to manage how property and finances will work in the marriage, by possibly excluding the normal consequences of the marriage.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

When does the ANC come into effect?

A

The moment the marriage has been validly contracted.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

When does the ANC lapse?

A

When all the terms and conditions :
1. Becomes irrelevant or impossible to fulfill
2. Have been fulfilled
3. terminated by a court order.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Who can the ANC be amended by?

A

By permission of the High Court with sound reasons.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

In which ways can the ANC be amended?

A
  1. Rectification
  2. Inherent justification
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

How can ANC be cancelled?

A

In terms of section 21 of the Matrimonial Property Act

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Who usually drafts the ANC?

A

Legal professionals however the parties can draft it themselves.

19
Q

What does section 86 of the Deeds Registries Act says?

A

No formalities are needed for the contract to be valid between the spouses themselves.

20
Q

What formalities should be followed for the contract to be binding on third parties as contained in S87 of the Deeds Registries Act?

A
  1. The contract must be in writing.
  2. If the contract is executed in SA, it must be signed by a Notary
  3. After being attested, the contract must be registered in the deeds registry within 3 months.
  4. If the contract is executed outside SA, it must be executed in terms of the law of that country however, it should still be registered in the deeds registry of SA within 6 months.
  5. The contract can only be registered late if the high court’s permission has been obtained (by application)
21
Q

What happens if the parties do not comply with the formalities of S87 of Registry Deeds Act?

A

the parties will, as far as THIRD PARTIES are concerned, be married IN community of property.

22
Q

What is meant by postnuptial compliance with prescribed formalities?

A

This refers to the situation whereby the parties DID enter into an ANC before marriage, but failed to comply with the formalities

23
Q

When does S88 of the registry of deeds apply?

A

When the parties want to apply to court for postnuptial execution and registration?

24
Q

What are the requirements set out in S88 of the Registry Deeds Act for the postnuptial execution?

A
  1. There must have been a consensus between the parties about the terms and conditions of the contract.
  2. There must be reasonable grounds for failure to comply with the formalities.
  3. The parties must apply within a reasonable time after the realization of failure to comply with the formalities.
25
What are the normal requirements needed for the contract to be valid?
1. Consensus 2. Legal capacity 4. Possibility of performance 3. Certainty 6. Legality 5. Formalities
26
What will happen if a minor gets into an antenuptial contract without consent from their parents?
1. The contract will be void. 2. The court will not register it 3. The minor will be married in COP 4. If they want to change their matrimonial system, they should apply to the competent court.
27
In whose presence should the minor sign the antenuptial contract/ be assisted?
1. Notary 2. May be assisted by the parent. 3. If the presiding officer's permission to marry is required, such officer must assist the minor with the contract?
28
Which categories of terms are included in the ANC?
1. Standard terms 2. Other permissible terms 3. Illegal terms.
29
What is the general rule for the terms of the ANC?
The parties may include any terms as long as they are not illegal or impossible
30
What are the terms included in ANC?
1. A term excluding the community of property. 2. A term excluding the community of property and loss 3. The accrual system 4. A succession clause 5. Donations 6. Right of recourse. 7. Illegal terms
31
What is the term excluding community of property about?
It excludes pre-marital assets and liabilities, and everyone retains their estate as if they not married.
32
What is the term excluding property, community of profit and loss about?
It entails that each party is individually liable for both assets and debts obtained/incurred after the marriage.
33
What is the term of accrual system about?
This term applies to all marriages outside the community of property unless excluded in the ANC. It states that spouses retain their pre-marital assets and liabilities but divide the growth obtained during the marriage.
34
What is the term of succession clause about?
A special clause in an antenuptial contract (ANC) that sets out who will inherit from the spouses when one of them dies — for example, stating that the surviving spouse will inherit everything, or that specific children will be heirs.
35
What is the succession clause term about?
This is a clause in the ANC that sets out who should inherit the spouse's estate when they have deceased. The parties can change this agreement by signing a joint will.
36
What is the donation/marriage settlements about?
Donations/gifts between the spouses or third parties
37
What is the advantage of including the donation clause in the ANC?
to obtain protection the offered by Section 27 of the Insolvency Act
38
What can the donation be subject to?
1. Time 2. Reversion clause
39
When will the reversion clause not be allowed?
If it goes against good morals, for example, if it spouse tries to undermine the marriage, or if the donor intentionally causes a breakup just to get the gift back
40
Which section can forfeit a gift?
Section 9 of the divorce Act
41
What is the term of Right of recourse about?
The spouse who contributed more in terms of household necessities may exercise the right of recourse against the other spouse to claim back the extra money they spent.
42
What's the catch to the right of recourse?
If married after 1 November 1984, the parties may agree to this in advance. If married before, it is automatically included.
43
What is the illegal terms about?
Adultery
44