The doctrine of ultra-vires is a legal concept that refers to actions taken by a company or organization that fall outside the scope of its legal authority. The term ultra-vires translates from Latin to “beyond the powers” or “beyond the scope.” In simple terms, when a company does something that is beyond its legal powers or authority, that action is considered ultra-vires. For example, […]
South Africa Lease Agreement Contract
Renting property has become an essential part of life for many people in South Africa. While renting, one of the most important documents to sign is the lease agreement contract. A lease agreement contract is a legally binding document that outlines the terms and conditions of the rental agreement between the landlord and the tenant. The lease agreement contract protects both the landlord and […]