The sale of immovable property in South Africa must be in writing in terms of the Alienation of Land Act. If the agreement is not recorded in writing, it has no legal effect. This sale agreement therefore ensures that your transaction complies with the legal requirements to conclude a valid sale.
By recording the terms of your sale agreement correctly, you will avoid any future disputes and uncertainty.
This agreement caters for the sale of all property types, including homes, land and sectional title units, and it is suitable for use by individuals, businesses and estate agents, and it addresses all aspects, including the purchase price, payment terms, date of transfer, possession and occupation.
Please take a quick look at the following information that you may need to complete the interview:
Particulars for Seller(s) and Purchaser(s) – full name, identity/passport/registration number and address.
If any of the parties are juristic persons, the entity’s full name and registration number, together with the particulars of their representatives.
Full particulars of the property, including its physical address and deeds office description.
The purchase price payable, terms of payment and suspensive conditions (if applicable).
The date of occupation and date of transfer.
Occupational rental (if applicable).
The name of the estate agent and details of commission payable, if applicable.
