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 High Court granted summary judgment in favour of SB Guarantee Company (RF) Proprietary Limited and declared the defendant’s immovable property specially executable. The order includes payment of R1 670 501.38, a reserve price of R1 020 000, and a six month suspension of executability from the date of judgment.
This may be relevant to mortgage enforcement and Rule 46A execution matters involving residential property.
Evidence from source
The plaintiff applies for summary judgment and for an order declaring the defendant’s immovable property (“the property”), specially executable. The property is the defendant’s home.
Supports: plain_summary: the case concerns summary judgment and special executability of the defendant’s home
Costs of suit on the party and party scale, including costs of counsel on Scale B.
Supports: plain_summary: the order on costs