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voetstoots clause

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Intentional misrepresentations by sellers in sale agreements with a voetstoots clause

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By Donald Dinnie on January 29, 2024

A voetstoots clause in a contract of sale provides that the buyer accepts the thing sold ‘as it stands’ with all existing defects and that the seller, who does not act fraudulently, is not responsible for any hidden defects. The buyer can however have recourse if the seller intentionally conceals the known defects or provides…

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Norton Rose Fulbright’s financial institutions team provides straightforward legal updates. Our lawyers offer local insights with an international perspective recognised worldwide. This blog focuses on the South African market and is about sharing knowledge with you. Blog posts are not legal advice.

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