To change a matrimonial property regime from out of community of property to in community of property in South Africa, the following key requirements and steps are involved:
Application to the High Court
The spouses must jointly apply to the High Court for permission to change their matrimonial property regime. This application must include:
- Sound reasons for the proposed change, fully motivated
- Explanation of why no other person will be prejudiced by the change
- Full disclosure of the parties’ financial positions, including detailed lists of assets, liabilities, and creditors
- Statements about any past sequestrations or pending litigation involving creditors
Notice Requirements
- Notice must be given to the Registrar of Deeds
- The proposed change must be published in the Government Gazette and two local newspapers at least two weeks before the court hearing
- All known creditors must be notified by certified post or by hand
Drafting a Postnuptial Contract
- A notary public must prepare a draft postnuptial contract outlining the new matrimonial property regime
- This draft contract must be attached to the court application
Court Approval
The court must be satisfied that:
- There are sound reasons for the change
- Sufficient notice has been given to creditors and interested parties
- No other person will be prejudiced by the change
Registration at the Deeds Office
If the court approves the change:
- The court order must be registered at the Deeds Office
- This registration finalizes the change and makes it enforceable against third parties
What Parties Must Allege
In their application, the parties should allege:
- Their current matrimonial property regime is out of community of property
- They have mutually agreed to change to in community of property
- Sound reasons for wanting this change (e.g., financial planning, shared business interests, etc.)
- They understand the implications of the change
- No creditors or other parties will be prejudiced by the change
- They have provided full and accurate disclosure of their financial positions
- They have complied with all notice requirements
- The change is in their best interests and aligns with their current circumstances and future plans