Today’s read on #mortgages #adjournment or stoppage of sale #Regulation13 #MortgageRegulations In the case of Royal Transit Ltd & anor versus ABSA Bank, court exercised its discretion to determine that the Applicant was not obliged to pay the 30% referred to under Regulation 13 of the Mortgage Regulations. Regulation 13 states that before court can grant an order adjourning a sale by public auction […]