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CPA (Consumer Protection Act)

If the neighbour had confirmed this with you, I would strongly suggest getting this in writing from the neighbour.
You must take into account weather or not transfer has been effected?
Contact the Transferring Attorney/Conveyancer that has been attending to this deal
If transfer has not gone through yet: Get a in a professional to give you a quote for repair of the damage. Contact the Transferring Attorney, inform them of the situation, as you said since it is a latent defect which the Seller was aware of and is therefore responsible for. Give them the quote and let them claim the amount from the Seller on your behalf.
If transfer has gone through this will be slightly more difficult: Get a professional quote for the repair, you would then have to proceed to sue or institute legal action against the Previous Owners in order to claim these monies back.

Normally this would be the Seller’s responsibility. The electric fence would fall under the Electrical Compliance Certificate (ECC)and should therefore have been in working order and if it was not this would have been noted during the electrical inspection.
The Seller should have disclosed this to you.
Your first option should be to approach the transferring attorney, that dealt with the sale, as they should be able to assist you, however you should note that if transfer has already been affected they are not obliged to assist you and you may need to seek your own legal council.
You do have recourse against the Seller in terms of this and the electrician maybe approached in terms of the ECC as the electrician should have noted weather or not the fence was working

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