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Sale of Property

Entered into and between

MARIANA DE BRUIN

(“the Seller”)

And

SAKHILE ANGELIC SIKHOSANA

(“the Purchaser”)

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1. PARTIES

1.1 The parties to this agreement are:

The Seller:

1.1.1 MARIANA DE BRUIN

Identity Number : 5406150110082

Marital Status: Marred out of community of property

The Purchaser:

1.1.2 SAKHILE ANGELIC SIKHOSANA

Identity Number : 780114 0912 084

Marital Status: Married out of community of property

2. SALE

2.1 The Seller hereby sells to the Purchaser, who hereby purchases:

REMAINING EXTENT OF PORTION 108 OF THEFARM SCHURVEBERG,


REGISTRATION DIVISON J.Q. , PROVINCE GAUTENG
Measuring 21,4133 H ( the Property ), subject to the terms and conditions of this
agreement. Held by Deed of Transfer: T 18172/1987.

3. PURCHASE PRICE AND PAYMENT

3.1 The purchase price of the property is the amount of R 1 090 000.00
( ONE MILLION AND NINETY THOUSAND RAND)

3.2 A deposit of R 200 000.00 (_TWO HUNDRED THOUSAND RAND ) is payable


on 30 September 2022 , which amount shall be held in Trust by the Seller's

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Attorneys pending date of registration of transfer of the property into the name
of the Purchaser in terms of Section 86 of the Legal Practise Council Act with a
financial institution for the benefit of the Purchaser.

3.3 R890 000.00 ( EIGHT HUNDRED AND NINETY THOUSAND RAND) on date
of registration of the property into the name of the Purchaser, for which amount
the Purchaser shall furnish the Seller with a bank guarantee within 10 (TEN)
days from date of fulfilment of the suspensive condition as stipulated in
paragraph 5 below, which guarantee must be acceptable to the Seller .

3.4 All payments to be made in terms of this agreement shall be unconditional and
payable free of exchange and without any deduction or set-off at the offices of
the conveyancers referred to in clause 9.1 ("the conveyancers") or at such
other place as the Seller may, in writing, determine. If payment is to be made to
the conveyancers, then the Seller hereby appoints them as its agent to receive
all payments made and to give a good receipt therefore to the Purchaser, to
utilise the proceeds received as applicable, to pay any commission to the estate
agents herein referred to (if any) and to pay the balance over in terms of the
Seller's instructions.

4. OCCUPATION

4.1 The Purchaser shall take occupation of the property on the date of registration
of transfer of the property into the name of the Purchaser, or any earlier date as
the parties may agree upon.
4.2 From the date of registration of transfer of the property into the name of the
Purchaser the property shall be at the Purchaser's sole profit, loss, risk and
expense.

5. SUSPENSIVE CONDITIONS

5.1 This agreement is subject to the suspensive condition that a bank ("the bank")
approve of a loan to the Purchaser against security of a first bond to be
registered against the property for an amount of R890 000.00, plus the bank's
usual additional amount, at the interest rate determined by the bank and subject
to the bank's usual conditions in force for similar loans.

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5.2 The Purchaser is obliged to use his best endeavours and to do all things
reasonably necessary to secure the fulfilment of the suspensive condition
referred to in this clause 5 and to take the necessary steps to that end with the
utmost urgency and to accept the loan if it is granted and to sign all documents
and to do all things reasonably necessary to give effect to the conditions of the
bank.

5.3 Should the suspensive conditions contemplated in this clause 5 not be fulfilled
within 20 (TWENTY) working days after the date of signature hereof by the
parties or within such further period as the Seller may determine, this agreement
shall be automatically cancelled and shall be of no force or effect.

6. "VOETSTOOTS"

6.1 The Purchaser –

6.1.1 hereby acknowledges that he has inspected the property, is satisfied with it
and is purchasing same "voetstoots";

6.1.2 acknowledges that the Seller or any representative of the Seller has given
no guarantees or made any representations whatsoever in respect of the
property or any improvements thereon, which have not been disclosed
herein;

6.1.3 herewith renounces any action which the Purchaser may have against the
Seller or the Seller's agent for any defect, of whatsoever nature, in the
property.

7. BOUNDARY AND SURVEY PEGS

The Seller shall not be responsible for pointing out the boundaries and survey pegs in
respect of the property to the Purchaser.

8. TITLE, CONDITIONS AND SERVITUDES

8.1 The property is sold as described in the existing or any title deed thereof and is
subject to all the conditions, limitations and servitudes (if any) referred to therein.

8.2 The Seller shall not be liable for any difference or deficiency which may become
apparent during a resurvey of the property and the Seller abandons any excess.

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9. REGISTRATION OF TRANSFER

9.1 It is recorded that the Seller shall be entitled to appoint the conveyancers,
Cilliers and Reynders of 106 Jean Avenue Centurion, who shall be
responsible for the registration of transfer of the property in the name of the
Purchaser.

9.2 The Purchaser shall be liable for payment of all costs and expenses whatsoever
in connection with transfer of the property in the name of the Purchaser,
including the costs of transfer, transfer duty, bank costs in connection with the
registration of transfer. The Purchaser shall upon presentation of the pro forma
account of the conveyancers, on demand pay all above-mentioned amounts.

9.3 Transfer of the property shall be given by the Seller and taken by the Purchaser
as soon as possible after the guarantees referred to in clause 3. have been
given.

9.4 The parties shall, at the request of the conveyancers, sign all documents and
perform all other acts which may, in the opinion of the conveyancers, be
necessary for the transfer of the property in the name of the Purchaser and to
give effect to the provisions of this agreement.

10. RATES AND TAXES AND ACCOUNTS IN RESPECT OF WATER AND


ELECTRICITY

10.1 The Purchaser shall, from the date on which they become entitled to
occupation, pay all accounts for water and electricity in respect of the property.

10.2 If any amounts in respect of the matters referred to in 10.1 have been prepaid
by the Seller on the date referred to therein, the Purchaser shall make a pro rata
payment to the Seller, calculated on a daily basis. If any of the said amounts
are in arrears on the said date, same shall be paid by the Seller.

11. IMPROVEMENTS AND ALTERATIONS

11.1 Should the Purchaser take occupation of the property prior to the date of
registration of the transfer of the property into the name of the Purchaser, the
Purchaser may only effect alterations, additions, fixtures or improvements to the

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property with the Seller's written consent, and should the Purchaser effect such
alterations, additions, fixtures or improvements to the property without such
consent -

11.1.1 it shall be at the cost of the Purchaser;

11.1.2 the Seller shall not be liable to compensate the Purchaser therefor;

11.1.3 the Purchaser shall be obliged, at its cost, to return the property to the
condition thereof at the date of signature of this agreement, if the Seller so
requires, should this agreement be cancelled due to the fault of the
Purchaser and the Seller repossess the property.

11.2 The Purchaser hereby indemnifies and holds the Seller harmless against any
action, prosecution or charges of any nature whatsoever, which may be brought
against the Seller by virtue of the Purchaser's occupation or utilization of the
property, or by the Purchaser's infringement of any statutory requirement,
regulation or by-law, while the property is registered in the name of the Seller.

11.3 The Seller may not from the date of signature of this agreement by the parties
effect any alterations, additions, fixtures or improvements to the property without
the Purchaser's written consent.
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12. BREACH

12.1 Should the Purchaser fail to comply with any provisions of this agreement and
the Seller send to the Purchaser a notice requiring the rectification of the breach
and the Purchaser fails to rectify such breach within a period of 10 (TEN) days
after receipt of the notice, then the Seller shall, without prejudice to any of its
other rights, be entitled –
12.1.1 to cancel this agreement and retain any amounts which have already been
paid by the Purchaser in terms of this agreement, until the damages, if any,
resulting from such breach have been determined, whether by agreement or
by a competent Court; and

12.1.2 to apply any amount retained by virtue of 12.1.1 in payment or partial


payment, as the case may be, of any damages or other amounts which may
be due by the Purchaser to the Seller; or

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12.1.3 claim payment of the full purchase price and other amounts which the
Purchaser must pay in terms of this agreement and transfer the property to
the Purchaser.

12.2 Should the Seller breach any provision of this agreement, the provisions of 12.1
shall apply mutatis mutandis and the Purchaser shall, without prejudice to any
other rights which it may possess, be entitled to cancel this agreement.
12.3 In the event of the cancellation of this agreement, the Seller shall be entitled to
forthwith repossess the property and the Purchaser agrees to vacate the
property forthwith.

13. AGENT'S COMMISSION

No Agent's commission is payable.

14. MISCELLANEOUS

14.1 Save as expressly permitted hereunder, a Party shall not, without the prior
written approval of the other Party, which shall not be unreasonably withheld,
assign, cede, delegate, transfer or otherwise dispose of any right or obligation
under this Agreement to any other person.

14.2 This Agreement shall be governed by and construed in accordance with the
laws of the Republic of South Africa.,.

14.3 No provision of this Agreement (including, without limitation, the provisions of


this clause) may be amended, substituted or otherwise varied, and no
provision may be added to or incorporated in this Agreement, except (in any
such case) by an agreement in writing signed by the duly authorised
representatives of the Parties.

14.4 Any relaxation, indulgence or delay (together “Indulgence”) by either Party in


exercising, or any failure by either Party to exercise, any right under this
Agreement shall not be construed as a waiver of that right and shall not affect
the ability of that Party subsequently to exercise that right or to pursue any
remedy, nor shall any Indulgence constitute a waiver of any other right
(whether against that Party or any other person).

14.5 Except where expressly provided to the contrary in this Agreement, this
Agreement constitutes the entire agreement between the Parties in

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connection with its subject matter and supersedes all prior representations,
communications, negotiations and understandings concerning the subject
matter of this Agreement.

14.6 This Agreement may be executed in any number of identical counterparts, all
of which when taken together shall constitute one agreement. Any single
counterpart or a set of counterparts taken together which, in either case, are
executed by the Parties shall constitute a full original of this Agreement for all
purposes.

14.7 All notices and any other communications whatsoever (including, without
limitation, any approval, consent, demand, query or request) by either Party in
terms of this Agreement or relating to it shall be given in writing and sent by
registered post, or delivered by hand, or transmitted by facsimile or electronic
mail to the recipient Party at its relevant address set out below:

14.7.1 if to the Seller, at:

Address:

Postal address:

Electronic mail address:

Marked for the attention of

if to the Purchaser, at:

Address:

Postal address:

Electronic mail address:

Marked for the attention of:

Either Party may, by written notice to the other Party, change any of the
addresses at which, or the designated person for whose attention those
notices or other communications are to be given.

14.8 Any notice or other communication given by any Party to the other Party
which –

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14.8.1 is sent by registered post to the addressee at its specified address shall
be rebuttable presumed to have been received by the addressee on the
7th (SEVENTH) day after the date of posting; or

14.8.2 is delivered by hand during the normal business hours of the addressee at
its specified address shall be rebuttable presumed to have been received
by the addressee at the time of delivery; or

14.8.3 is transmitted by electronic mail to the addressee at the addressee’s


specified electronic mail address shall be rebuttable presumed to have
received by the addressee on the date of transmission as reflected on the
sender’s electronic mail records.

14.9 The Parties choose their respective physical addresses in clause 18.7 as their
respective domicilia citandi et executandi at which all documents relating to
any legal proceedings to which they are a party may be served. If that
address is changed to another address which is not a physical address in the
Republic of South Africa, then the original address shall remain the
domicilium citandi et executandi of the relevant Party until it nominates a new
physical address within the Republic of South Africa in writing, to be its new
domicilium citandi et executandi.

Thus done and signed at....................................on this............day of ..........................2022

As witnesses:

____________________________ ________________________

SELLER

As witnesses:

____________________________

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Thus done and signed at.....................................on this...........day of............................2022

As witnesses:

____________________________ ________________________
PURCHASER

As witnesses:

____________________________

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