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LPL4804 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE 15 August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. R48,88   Add to cart

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LPL4804 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE 15 August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations.

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LPL4804 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE 15 August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations.

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  • July 20, 2024
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  • 2023/2024
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, Question 1. 1.1. Peter is domiciled in Zimbabwean and married to
his Zimbabwean wife in Harare on the 1st of December 2023.
Will Peter be able to sign transfer documents and in particular the
power of attorney to transfer? Explain. (5)

To determine if Peter can sign transfer documents and a power of
attorney for transferring property, several factors need to be
considered, including his legal status, the nature of the transaction,
and any legal requirements specific to the jurisdiction in which the
transfer is occurring. Here’s a detailed explanation:
1. Legal Domicile and Capacity
1.1. Domicile and Legal Capacity:
• Domicile: Peter is domiciled in Zimbabwe, meaning
Zimbabwe is his legal home and where he has his primary
residence.
• Legal Capacity: Peter’s ability to sign transfer documents
and grant power of attorney depends on his legal capacity
under Zimbabwean law. If Peter is legally competent and has
no legal disabilities, he should be able to engage in legal
transactions.
2. Power of Attorney
2.1. Definition and Purpose:
• A power of attorney is a legal document that authorizes
someone to act on another's behalf in legal or financial
matters. In this case, Peter would need to grant power of
attorney to someone to handle the transfer of property.
2.2. Requirements in Zimbabwe:

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