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Includes a schedule for party details, property description, existing mortgage bonds, purchase price, deposit and instalment amounts, interest rate, repayment date, and payment bank account information. Covers transfer and duties, warranties, fixtures and fittings, termination rights, credit bureau requirements, contact details, recording of contract, possession, occupation, insurance, and statements of 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OF LAND ACT OF 1981 AND THE NATIONAL CREDIT ACT OF 2005  \nSALE AGREEMENT  \nbetween  \n(“the Seller”)  \nand  \n(“the Purchaser”)  \nSCHEDULE  \n\n| A. | Name of Seller |  |  |\n| --- | --- | --- | --- |\n| B. | Seller's Contact Details | (a) Residential / Business Address\u003Cbr>(Physical) |  |\n|  |  | (b) Domicilium Address (Physical) |  |\n|  |  | (c) Postal Address |  |\n|  |  | (d) Telefax No. | ( ) |\n|  |  | (e) Telephone No. | ( ) |\n|  |  | (f) Email Address |  |\n| C. | Is the Seller a resident of the Republic of South Africa for Income Tax purposes? |  |  |\n| D. | Name and Address of the Owner (if not the Seller) |  |  |\n| E. | Name of Purchaser |  |  |\n| F. | Purchaser's Contact Details | (a) Residential / Registered Address (Physical) |  |\n|  |  | (b) Domicilium Address (Physical) |  |\n|  |  | (c) Postal Address |  |\n|  |  | (d) Telefax No. | ( ) |\n|  |  | (e) Telephone No. | ( ) |\n|  |  | (f) Email Address |  |\n\n\n| G. | Marital Status of Purchaser |  |  |  |  |  |\n| --- | --- | --- | --- | --- | --- | --- |\n| H. | Name and Identity Number of Purchaser's Spouse (if married in community of property) |  |  |  |  |  |\n| I . | Description of Property and Extent as per title deed |  |  |  |  |  |\n| J. | Physical Address of Property |  |  |  |  |  |\n| K. | Existing Mortgage Bonds over the Property | (a) Name of Mortgagee / Bank |  |  |  |  |\n|  |  | (b) Mortgagee's address and contact details |  |  |  |  |\n|  |  | (c) Loan Account Number |  |  |  |  |\n|  |  | (d) Mortgage Bond Number |  |  |  |  |\n|  |  | (e) Amount of Bond |  |  |  |  |\n| L. | Anticipated Occupation Date |  |  |  |  |  |\n| M. | Purchase Price |  |  |  | R |  |\n|  |  |  |  |  |  |  |\n| N. | Payment | (a) | Deposit\u003Cbr>|  | R\u003Cbr>| \u003Cbr>|\n|  |  |  |  |  |  |  |\n|  |  | (b) | Further Deposit |  | R |  |\n|  |  | (c) | Amount of Each Instalment |  | R |  |\n|  |  | (d) | Due Date of First Instalment |  |  |  |\n|  |  | (e) | Due Date of Subsequent Instalments |  |   day of each month |  |\n\n\n|  |  | (f) Commencing Interest Rate on Outstanding Balance |   % per annum |\n| --- | --- | --- | --- |\n|  |  | (g) Date by Which the\u003Cbr>balance of the purchase price is to be paid (\"Repayment Date\") |  |\n| O. | Seller's Bank Account Details (for payment of Instalments) |  |  |\n| P. | Name and Address of Estate Agent |  |  |\n| Q. | Name of Broker |  |  |\n| R. | Estimated Transfer Duty tobe Paid by Purchaser (if applicable) | R |  |\n| S. | Estimated Amount of Annual Rates |  |  |\n| T. | Estimated Amount of monthly Levies (if applicable) |  |  |\n| U. | Special Conditions |  |  |\n\nCONTENTS  \nPage No  \nDefinitions............................................................................................................. 7  \nSale .................................................................................................................... 10  \nPurchaser as Trustee for a Company or Close Corporation to be formed ........ 10  \nResolutions ......................................................................................................... 11  \nOwnership of the Property and Mortgage Bonds ............................................... 11  \nFixtures and Fittings ........................................................................................... 15  \nVoetstoots........................................................................................................... 15  \nTitle Deeds ......................................................................................................... 16  \nBeacons .............................................................................................................. 16  \nElectrical Clearance Certificate .......................................................................... 16  \nPest Control Certificate .................................","cbCaikpnRaHYV7tE","https://ap.wps.com/l/cbCaikpnRaHYV7tE","pdf",198217,41,"English","# Definitions\n# Sale\n## Purchaser as Trustee for a Company or Close Corporation to be formed\n## Resolutions\n## Ownership of the Property and Mortgage Bonds\n## Fixtures and Fittings\n## Voetstoots\n## Title Deeds\n## Beacons\n## Electrical Clearance Certificate\n## Pest Control Certificate\n## Warranties\n## Purchase Price\n## Place of Payment\n## Withholding Tax\n## Agent\n## Rights of the Purchaser\n## Obligations of the Purchaser\n## Statement by Purchaser\n## Joint and Several\n## Right of Termination by the Purchaser\n## Credit Bureaux\n## Contact Details\n## Destruction\n## Recording of Contract\n## Possession and Occupation\n## Insurance\n## Statements of Account","[{\"question\":\"Who are the parties to this instalment land sale agreement?\",\"answer\":\"The agreement is between the Seller and the Purchaser, with additional schedule entries for identifying the Purchaser and related details such as contact information.\"},{\"question\":\"What payment information is included for instalment sales?\",\"answer\":\"It includes the purchase price, deposit, further deposit, the amount of each instalment, due dates (first and subsequent), the commencing interest rate, and the repayment date by which the balance must be paid.\"},{\"question\":\"What topics are covered beyond payment terms?\",\"answer\":\"The contents address property-related legal and practical matters such as ownership and mortgage bonds, fixtures and fittings, title deeds and beacons, warranties, withholding tax, transfer duties, possession and occupation, insurance, and the recording of the contract.\"}]","Sale of Land on Instalments Sale Agreement - Contract in Terms of the Alienation of Land Act of 1981 and the National Credit Act of 2005 | PDF",1789576779]