This is an AI-generated summary of a selected monitored public legal source and may omit context. It is general information only, not legal advice, and is not a substitute for reading the source or consulting an attorney.
AI summary
The court gave reasons for an order granted on 4 May 2026 in favour of FNB Mortgage Loans (RF) Limited against Mr Kamohelo Mokotjo. The reasons deal with summary judgment and Rule 46A relief, including a reserve price of R3 300 000.00 and the court's treatment of issues such as locus standi, cession, section 129 notice, and reckless credit.
It may be relevant to banking, credit, and property litigation practitioners dealing with summary judgment and execution against residential property.
Evidence from source
On 4 May 2026 summary judgment was granted in favour of the Plaintiff, FNB Mortgage Loans (RF) Ltd, against the Defendant, Mr Kamohelo Mokotjo.
Supports: plain_summary sentence 1
The order included relief declaring the immovable property executable in terms of Rule 46A, fixing a reserve price of R3 300 000.00, and directing the Defendant to pay the costs of the application.
Supports: plain_summary sentence 2