CONDITIONS OF SALE

Sales in Execution of Immovable Property

Registration of potential buyers will take place before the sale and a deposit of R2,000.00 is payable, which is refundable.

 

Deposit of 10% of the purchase price is payable in cash or a bank guaranteed cheque, immediately on buying.

Commission is due and payable on date of purchase by the buyer.

Guarantees for the balance of the purchase price is due, together with interest within 14 or 30 days.

The purchaser is responsible for the payment of any outstanding levies and/or rates.

Ejectment of any occupiers of the properties in question must be ejected by the purchaser.

If the debtor is registered in terms of the Vat Act, Vat (but no transfer duty) is payable on the purchase price.

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