Offer To Buy.pdf

- The property is sold "voetstoots" with the Seller warranting approved alterations.
- Possession is given on a specified date with the Purchaser liable for rates, taxes, and maintenance.
- Transfer and risk pass to the Purchaser on payment of the purchase price.
- The Purchaser pays transfer and bond registration costs.
- Occupational consideration is payable if possession and transfer dates do not coincide.
- The offer is subject to a mortgage bond agreement.
- The Seller insures the building until transfer and arranges for beetle inspection and treatment.
- The Seller provides a valid Certificate of Compliance for the electrical installation.
- Brokerage is paid by the Seller to XYZ Estate Agency.
- The purchase price is inclusive of VAT.
- The parties must fulfill the agreement's provisions and sign documents as required.
- The Purchaser and Seller warrant that required consents have been given.
- The Seller can claim payment or cancel the agreement if the Purchaser breaches the terms.