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CONDITIONS OF SALE IMMOVABLE PROPERTY CLAREMONT AUCTIONEERS (PTY) LTD T/A CLAREMONT AUCTION GROUP (the Auctioneer) DULY INSTRUCTED BY MR CJ MARITZA OF CHRIS MARITZA ATTORNEY, JOINT LIQUIDATOR IN THE

How to fill out conditions of sale immovable

1. The conditions of sale immovable are typically filled out by the seller or their authorized representative. This document outlines the terms and conditions that will govern the sale of a property.
2. Start by providing the necessary contact information for both the seller and the buyer. Include full names, addresses, phone numbers, and any other relevant details.
3. Specify the details of the property being sold. This includes the address, legal description, and any unique features or characteristics that may be important to mention.
4. Clearly state the purchase price and any agreed-upon terms of payment. This could include the amount to be paid as a down payment, the deadline for the full payment, and any installment plans that may be arranged.
5. Outline any conditions or contingencies that need to be met before the sale can be finalized. This may include satisfactory inspection reports, mortgage approvals, or any repair work that needs to be completed.
6. Include any specific representations and warranties that the seller is providing about the property. These could include statements about the property's condition, ownership, or any ongoing legal or financial obligations.
7. Specify any additional terms or agreements that are important to the sale. This could include specifics about the transfer of title, possession date, or any allowances for adjustments in property taxes or utility bills.
8. Finally, both parties should sign and date the conditions of sale immovable to indicate their agreement to its terms. It may also be advisable to have the document witnessed or notarized to add an extra layer of legal validity.

Those who need the conditions of sale immovable are:

1. Sellers who want to ensure a clear and legally binding agreement with their buyers.
2. Buyers who want to have a written record of the agreed-upon terms and conditions of their purchase.
3. Real estate agents or attorneys who are representing either the seller or the buyer and need to document the transaction accurately and professionally.

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What is conditions of sale immovable?

Conditions of sale immovable refers to the specific terms and conditions that outline the sale of real estate property.

Who is required to file conditions of sale immovable?

The seller or the seller's legal representative is required to file the conditions of sale immovable.

How to fill out conditions of sale immovable?

Conditions of sale immovable can be filled out by providing detailed information about the property being sold, the sale price, payment terms, and any other relevant conditions.

What is the purpose of conditions of sale immovable?

The purpose of conditions of sale immovable is to ensure transparency and clarity in real estate transactions, protecting the rights of both the buyer and the seller.

What information must be reported on conditions of sale immovable?

Information such as the full details of the property, sale price, payment terms, conditions of sale, and signatures of both parties must be reported on conditions of sale immovable.