Deal Gone Wrong: RHOJ Star Reportedly On The Verge Of Bankruptcy

This follows after she sold her luxurious home to a businesswoman in a deal gone wrong

By  | Jan 27, 2023, 07:16 PM  | Drama

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It does not rain but it pours for Real Housewives of Johannesburg (RHOJ) star Christall Kay, who is reportedly on the verge of bankruptcy as she is embroiled in a messy legal battle over her luxurious Kyalami mansion.

Also Read: Christall Involved In A Messy Legal Battle Over Her Mansion

According to Zimoja Lezinto, Christall is still at odds with businesswoman Kholeka Bubu, to whom she agreed to sell her mansion for R8 million. Sunday World reported in 2020 that Christall had sold her home for 8 million to Kholeka, but the deal went wrong, causing her a significant financial loss. 

According to the publication, Bubu was paid R4 million and of which only R1 million was transferred to Christall's bank account for moving purposes. Bubu was expected to pay the remaining R3 million but she has reportedly not paid the further amount.

To date, the reality show star is fighting for ownership of her mansion and she is homeless.

“I gave her notice of cancellation in terms of the contract when no payment was forthcoming. She had already been given a 3-month extension. She didn’t pay an installment and tried to pay the last amount through a bond. But this was a cash agreement; it was never a bond agreement,” she told Zimoja.

Kay stated that Bubu applied to the High Court to have the sale cancellation declared invalid, the court ruled against her

“Just when I thought I was home free, she noted an appeal which has prevented me further from occupying my home or selling it. All this time my funds have been running dry,” 

She said the appeal has prevented her from moving back to her home, forcing her to rent and she cannot afford it anymore.

“She is under the illusion that she owns my house. The eviction application was delayed due to objections that were dismissed by the magistrate, and is now to be heard in March," Kay added.

“The cost of paying for alternative accommodation as well as still having to pay for the bond costs, rates, and levies on my own property have forced me into a stressful financial position. At the moment, matters are worsened by not having a steady income and still supporting my nine-year-old son. "The law definitely favours the illegal occupier as can be seen from my case. I am suffering severe financial losses while she doesn’t pay a cent to be in my house," Kay explained.

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