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AI summary
The High Court granted Nedbank judgment for R1 312 061.63 and declared the respondent’s primary residence specially executable. The court fixed a reserve price of R153 600 and refused an order allowing a sale without reserve. It also directed that updated municipal and body corporate figures be obtained and disclosed before the sale.
This appears to concern home loan enforcement and rule 46A execution against a primary residence, and may be relevant to banks, debt enforcement practitioners, sectional title schemes and homeowners.
Evidence from source
I grant the money judgment and declare the unit specially executable.
Supports: The court granted judgment and declared the property specially executable.
I fix the reserve at R 153 600, the figure the applicant proposes on affidavit.
Supports: The judgment fixed the reserve price.