133x 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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