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OFFER TO PURCHASE IMMOVABLE PROPERTY ON AUCTION & CONDITIONS OF SALE Between CAI AUCTIONEERS 23 Graham Road Tyler Valley Pretoria (012) 940 8686 2001/007250/07 (hereafter referred as the Auctioneer)

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How to fill out offer to purchase immovable

01

Obtain a copy of the offer to purchase immovable form.

02

Fill in the personal details of the buyer and seller, including their names, addresses, and contact information.

03

Specify the details of the immovable property being purchased, such as the address, legal description, and any relevant identification numbers.

04

State the purchase price agreed upon by the buyer and seller.

05

Outline any conditions or contingencies that must be satisfied before the sale can be finalized, such as the buyer obtaining financing or the seller making necessary repairs.

06

Include any additional terms or provisions that both parties have agreed upon, such as the expected date of closing and the allocation of closing costs.

07

Sign and date the offer to purchase immovable form, and ensure that both the buyer and seller have a copy for their records.

Who needs offer to purchase immovable?

01

Anyone who intends to purchase an immovable property needs an offer to purchase immovable.

02

Real estate agents, buyers, and sellers often use this document to formalize their agreement and outline the terms of the sale.

03

Banks and financial institutions may also require a copy of the offer to purchase immovable when providing financing for the purchase.

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What is offer to purchase immovable?

An offer to purchase immovable is a legal document that outlines the terms and conditions of a buyer's proposal to purchase a property.

Who is required to file offer to purchase immovable?

The buyer is typically required to file an offer to purchase immovable.

How to fill out offer to purchase immovable?

To fill out an offer to purchase immovable, the buyer must include their proposed purchase price, any contingencies, and other relevant terms.

What is the purpose of offer to purchase immovable?

The purpose of an offer to purchase immovable is to formalize a buyer's intent to purchase a property and set forth the terms of the agreement.

What information must be reported on offer to purchase immovable?

Information such as the buyer's name, the property address, the proposed purchase price, and any contingencies or conditions should be reported on an offer to purchase immovable.

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