Donation Agreements the nature, effect and legal implications
23 May 2018
A donation is a unilateral contract in terms of which, the one party referred to as the donor is under... no obligation to act, but does so out of pure liberality and benevolence by promising to give to the other party, called the donee, something without expecting to receive anything in return. Donations may be classified into two main categories, namely: donations mortis causa (donations made in contemplation of death) and donations inter vivos (donations made otherwise than mortis causa). Donations require acceptance, so if the donor revokes the promise made to the donee, or dies, before acceptance has been effected by the donee, the obligation ceases to take effect.