243x Filetype PDF File size 0.14 MB Source: vwvh.co.za
AGREEMENT FOR THE SALE OF MOVABLE PROPERTY
between
___________________________
("Seller")
and
____________________________
("Purchaser")
1. DEFINITIONS
Unless inconsistent with the context the following words shall have the following
meaning:
1.1 Attorneys Van Wyk Van Heerden, 296 Main Road,
Paarl,
E-mail:avw@vwf.co.za / tizane@vwf.co.za
Tel: 021 871 1050;
1.2 Effective Date The date on which all risk and benefit
pertaining to the Immovable Property shall
pass to the Purchaser;
1.3 Immovable Property _______________, in the ____________
Municipality, division of ______________,
______________ Province, in extent
__________ (___________________)
Square Metres;
1.4 Movable Property the movable property in or about the
Immovable Property set out on Annexure
"A" hereto;
1.5 Purchaser ________________________________
Identity number: ____________________,
un/married in/out of community of property,
of
__________________________________
________________________________,
E-mail address: ___________________,
Tel: ______________;
1.6 Seller ________________________________
Identity number: ____________________,
un/married in/out of community of property,
of
__________________________________
________________________________,
E-mail address: ___________________,
Tel: ______________;
1.7 Signature Date The date of signature of this agreement by
the Seller;
1.8 Transfer Date The date whereupon the Immovable
Property is registered in the name of the
Purchaser in the Deeds Office, Cape
Town;
2. INTRODUCTION
It is confirmed that:
2.1 The Purchaser has purchased the Immovable Property from the Seller;
2.2 The Seller has agreed to sell to the Purchaser who wish to purchase the
Movable Property;
2.3 The parties wish to record their agreement in writing:
THEREFORE THE PARTIES AGREE AS FOLLOWS
3. SALE
The Seller sells to the Purchaser and the Purchaser purchase from the Seller:
the Movable Property,
4. PURCHASE PRICE
4.1 The purchase price for the Movable Property is the amount of R
____________________ (________________________ Rand), payable
by the Purchaser to the Seller as follows:
4.1.1 Deposit of R ___________________ ( ________________
Rand);
4.1.2 Balance on the Transfer Date.
4.2 The Purchaser shall pay the balance purchase price to the Attorneys when
the Attorneys in writing advise the Purchaser that the documents for
registration of transfer of the Immovable Property have been lodged.
5. EFFECTIVE DATE
5.1 The Effective Date is the Transfer Date.
5.2 On the Effective Date the Seller shall:
5.2.1 Deliver the Movable Property to the Purchaser against payment
of the purchase price.
6. RISK AND BENEFIT
The risk and benefit in the Movable Property shall pass from the Seller to the
Purchaser on the Effective Date.
7. VOETSTOOTS
7.1 The Movable Property is sold voetstoots.
7.2 The Seller is not aware of any latent defects to the Movable property.
8. BREACH
8.1 Should the Purchaser:
8.1.1 commit an Act of Insolvency before payment of the purchase
price; or
8.1.2 fail to fulfil on due date any of the terms of this agreement;
8.1.3 fail to make any payment in terms hereof on due date:
the Seller or his agent shall be entitled, (except for 8.1.1), after having
given the Purchaser 7 (Seven) days' written notice to remedy such breach
and the Purchaser having failed to remedy such breach within such time,
to either:
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