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INITIAL HERE AGENT Purchaser's Witness Purchaser Seller's Witness SELLER Contractor's Witness CONTRACTOR DEED OF SALE MEMORANDUM OF AN AGREEMENT OF SALE MADE AND ENTERED INTO BY AND BETWEEN RESIDENTIAL ESTATE DENNEGEUR (PROPRIETARY) LIMITED Registration Number 1998/011687/07 (Represented herein by Marc Jan Clement Peeters he being duly authorised hereto) Of C/o Morkel & De Villiers Incorporated The Forum 13 Drama Street Somerset West 7130 (hereinafter referred to as the Seller) and ___________________________________________________________ ___________________________________________________________ of ___________________________________________________________ ___________________________________________________________ (hereinafter referred to as the Purchaser) and KINGSHILL CONSTRUCTION CC Registration number (2010/061395/23) (represented herein by JOHN TURNER he being duly authorised hereto) of 401 Houghton Place, Norfolk Road, Sea Point, 8005 (hereinafter referred to as the Contractor) and David Miller & Associates T/A HARTCOURTS PLATINUM of Triangle Point, 13 Urtel Crescent, Somerset West, 7130 (hereinafter referred to as the Agent)

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INITIAL HERE

AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

DEED OF SALE

MEMORANDUM OF AN AGREEMENT OF SALE MADE AND ENTERED INTO

BY AND BETWEEN

RESIDENTIAL ESTATE DENNEGEUR (PROPRIETARY) LIMITED

Registration Number 1998/011687/07

(Represented herein by Marc Jan Clement Peeters he being duly authorised hereto)

Of

C/o Morkel & De Villiers Incorporated

The Forum

13 Drama Street

Somerset West

7130

(hereinafter referred to as the Seller)

and

___________________________________________________________

___________________________________________________________

of

___________________________________________________________

___________________________________________________________

(hereinafter referred to as the Purchaser)

and

KINGSHILL CONSTRUCTION CC

Registration number (2010/061395/23)

(represented herein by JOHN TURNER he being duly authorised hereto)

of 401 Houghton Place, Norfolk Road, Sea Point, 8005

(hereinafter referred to as the Contractor)

and

David Miller & Associates T/A HARTCOURTS PLATINUM

of Triangle Point, 13 Urtel Crescent, Somerset West, 7130

(hereinafter referred to as the Agent)

2

INITIAL HERE

AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

RECORDAL

1. The Seller is the registered owner of the property and intends to sell the property

to the Purchaser.

2. The Contractor is a Building Contractor who intends to improve the property by

contracting the dwelling thereon.

3. The Purchase intends to purchase and take transfer of the property together with

the completed dwelling thereon from the Seller and the Contractor respectively.

4. The parties have reached agreement on the abovementioned and wish to record

such a agreement in writing.

1. SALE

The Seller hereby sells to the Purchaser who hereby purchases the property together with

the dwelling to be constructed thereon by the Contractor for the total purchase price as set

out hereunder.

The Property is described as:-

ERF __________ SOMERSET WEST, situate in the City of Cape Town , Division

of Stellenbosch, Western Cape Province;

MEASURING : ______________________________________

AS WILL more fully appear from the copy of the General Plan appended hereto as

Annexure "A"

(hereinafter referred to as the "Property")

The sale is subject to any and every condition and servitude specified in the original and

subsequent Deeds of Transfer and to all other rights of, and conditions imposed by any

Statutory Authority.

No warranty is given in respect of the boundaries of the property sold. Further, the Seller

shall not be responsible for pointing out or indicating the position of any Surveyors beacons

or pegs in respect of the property.

2. TOTAL PURCHASE PRICE

The total Purchase price is the sum of:

R______________________________________ (including VAT) being

R _________ in respect of the property and

R ___ being in respect of the amount required and

allocated to the construction of the dwelling on the property as represented and defined in

Annexure “B" hereto

3

INITIAL HERE

AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

The said amount shall be payable by the Purchaser to the Seller and Contractor as

follows:-

2.1 a deposit of 10% of the purchase price of the property on signature to the

Seller's Attorneys Messrs MORKEL & DE VILLIERS INC/ING of "The

Forum", Drama Street, Somerset West, who are hereby authorised to invest

same in an interest bearing account for the benefit of the Purchaser.

2.2 The balance of the total purchase price of

R___________________________________________________ against

registration of transfer of the property into the name of the Purchaser. The

Purchaser shall at the request of the attorneys passing transfer provide them

and/or a third party whom they may nominate, with a bank or other

acceptable guarantee for the payment of the balance of the purchase price.

Such guarantee shall be provided within 21 (twenty one) days of being

requested by the transferring attorneys.

All payments made by the Purchaser in terms of this Deed of Sale shall be payable free of

bank exchange at Somerset West.

3. VALUE ADDED TAX

It is recorded that the Seller and the Contractor are registered Vendors in terms of the

Value Added Tax Act of 1991 and that the purchase price set out in Clause 2 hereof is

inclusive of Value Added Tax. In the event of the rate at which Value Added Tax is

chargeable being increased after the date of signature hereof, the purchase price shall be

increased by the amount by which the Value Added Tax has increased to ensure that the

purchase price received by the Seller and the Contractor is the same as it was prior to the

increase in Value Added Tax.

4. INTEREST

4.1 Interest shall be charged at the prime bank interest rate as charged by Nedbank

from time to time, plus 3% (THREE PERCENT) on every amount payable by the

Purchaser to the Seller in terms of this agreement, if any such amount is not paid

on due date whether such date is fixed in the agreement or in a written demand

made by the Seller to the Purchaser. Should the guarantee referred to in Clause 2

not be delivered by due date, the penalty interest referred to in this clause shall

likewise be payable from due date to date of payment.

4.2 Such interest shall accrue from the date that the Purchaser is in breach until the

actual date of payment of such amount, or in the event that the guarantee is not

furnished, from due date to the date of registration of transfer (both days inclusive)

and shall be paid by the Purchaser to the Seller prior to the transfer of the

property.

4

INITIAL HERE

AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

4.3 Unless otherwise provided herein all payments on account of the purchase price,

interest, rates, taxes and other charges provided for in terms of this agreement

shall be made by the Purchaser to the Seller, free of all bank costs or other

deductions at the offices of the Seller or at such other place in the Republic of

South Africa as the Seller may from time to time direct in writing.

5. POSSESSION AND VACANT OCCUPATION

5.1 The Seller shall give the Purchaser one calendar month written notice of the

date of completion of the construction of the dwelling in terms of this

Agreement, from which date possession and vacant occupation shall be given

to the Purchaser.

5.2 In the event of the Owners Association referred to in Clause 16.2.2 hereafter

having set levies the Purchaser shall also be liable for such levies as from date

of possession.

6. RATES AND TAXES

The Municipal and other rates and charges levied against the property shall be apportioned

pro rata between the Seller and Purchaser, calculated from the date of possession; the

Seller being responsible for such rates and other charges up to the date of possession and

the Purchaser shall be responsible for such rates thereafter.

7. TRANSFER

Transfer shall be given and taken as close as possible to the date of Possession

referred to in Clause 5.1, or such extended period as the Seller in his sole discretion

may allow, but the Seller shall not be responsible for any delay in respect of the

registration of transfer arising from any cause whatsoever (other than the negligence of

the Seller) nor shall such delay affect the Purchaser's liability for the payment of the

purchase price. Transfer shall be passed by the Seller's attorneys, MESSRS MORKEL

& DE VILLIERS.

8. COSTS OF TRANSFER

The Purchaser shall pay all costs of and incidental to the registration of transfer and other

related charges, and all these costs shall be paid and the transfer documents signed by

the Purchaser within ten (10) days of the Purchaser being required to do so by the

Transferring Attorneys; failure to sign the said documents within the required time shall

constitute a material breach of this contract.

It is recorded that in view of the fact that this sale is inclusive of VAT no transfer duty is

payable.

5

INITIAL HERE

AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

9. COMMISSION

The Seller is responsible for payment of Agent's commission on the aforesaid value of the

property and the Contractor is responsible for payment of Agent's commission on the

contract sum. The Purchaser acknowledges that they were introduced to the property by

the Agent and no one else.

10. DOMICILIUM

The parties do respectively nominate and appoint the addresses set forth in the heading of

this Agreement or such other addresses as they may at any time advise to the other of

them in writing as their respective domicilia citandi et executandi (viz: nominated address

for service of any notices) for all purposes arising from or incidental to this Agreement.

Any notice given by the one party to the other and dispatched by registered post, shall be

deemed to have been received by the addressee, on the seventh day after the date of

posting thereof.

11. NON-WAIVER

No concession or any other indulgence which may be granted by the Seller to the

Purchaser, whether in respect of time for payment or otherwise in regard to the terms and

conditions of this Agreement, shall be deemed to be a waiver or estoppel of or affect,

prejudice or derogate from the rights of the Seller under this Agreement.

12. NOVATION

12.1 No warranty or representation express or implied or variation of this Agreement

shall affect the terms thereof unless such warranty or representation or variation

shall be reduced to writing under the hands of the parties hereto.

12.2 The terms of this Agreement shall novate, cancel and supersede the terms and

conditions of all prior negotiations, documents, letters or verbal communications

between the parties hereto with the intent and purpose that the terms and

conditions hereof shall be deemed to constitute the sole record of the Agreement

subsisting between the parties.

13. BREACH OF AGREEMENT

In the event of the Purchaser failing to fulfil on due date any of the terms and\or conditions

of this Deed of Sale, and remaining in default for a period of 10 (TEN) days after the Seller

shall have posted by prepaid registered post to the Purchaser at the address hereinbefore

stated, a notice calling upon the Purchaser to remedy such default, then and in any such

event, the Seller shall be entitled without further notice (in addition to and without prejudice

to any other rights available at law):-

6

INITIAL HERE

AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

13.1 to claim immediate payment of the entire balance of the Purchase Price and

interest outstanding, although not otherwise due by the Purchaser under this Deed

of Sale and damages if any, or

13.2 to cancel this Deed of Sale and claim and recover from the Purchaser such

damages as he may be able to establish he has sustained and he shall be entitled

to retain the cash payments and other payments made by the Purchaser prior to

cancellation until the actual amount of damages has been determined by a Court,

and thereupon sets off such damages against the amounts so held.

14. JURISDICTION

For the purpose of all or any proceedings hereunder the parties herby consent to the

jurisdiction of the Magistrate's Court having jurisdiction over the person of the Purchaser in

terms of Section 28 of the Magistrate's Courts Act of 1944, notwithstanding that such

proceedings are otherwise beyond its jurisdiction. This clause shall be deemed to

constitute the required written consent conferring jurisdiction upon the court pursuant to

Section 45 of the Magistrate's Courts Act of 1944, or any amendment thereof, provided,

nevertheless, that the Seller shall have the right at its sole option and discretion to institute

proceedings in any other competent court in respect of any claim which, but for the

foregoing, would exceed the jurisdiction of the Magistrate's Court.

15. PURCHASER’S BOND

15.1 This agreement is subject to the PURCHASER being granted a mortgage bond

against security of the Property and the improvements to be erected by a Bank or

Financial Institution for an amount of not less than

R___________________________________________________

(___________________________________________________RAND) upon the

normal terms, conditions and requirements of such Bank or Financial Institution

relating to the particular type or class of property, which conditions may include the

condition that the PURCHASER or his spouse; members; directors or trustees be

required to stand surety.

15.2 Should the PURCHASER fail to obtain such a loan and communicate such

approval to the Conveyancers within 30 (thirty) days from the date on which the

SELLER signed this agreement, or within such extended period as the SELLER in

his absolute discretion may allow, the SELLER shall be allowed to cancel this

agreement without further notice, whereupon restitution shall take place.

15.3 The Purchaser hereby appoints the Seller as his agent and irrevocably authorizes

it to apply on his behalf to obtain the required mortgage bond as set out in clause

15.1 and to sign all documents required by such financial institutions with whom

mortgage applications are to be lodged.

7

INITIAL HERE

AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

The Purchaser records that to the best of his knowledge:

15.3.1 he qualifies financially to be granted such a mortgage

loan; and

15.3.2 he is aware that the Financial Institution granting the mortgage bond will

pay an introductory commission, and

15.4 The Purchaser undertakes to sign all documents, present all documentation that

may be required for the purpose of applying for the bond and do all things

necessary as requested by the Seller to ensure the successful granting of the loan.

15.5 In order to avoid any delays in the registration process, the Purchaser agrees to

instruct the financial institution granting the bond to issue the bond registration

instructions to the Seller’s Conveyancers for registration simultaneously with the

transfer of the Property into the Purchasers name. All costs to be associated with

the registration of the mortgage bond to secure the loan to be taken up by the

Purchaser shall be for the account of the Purchaser.

16. SPECIAL CONDITIONS

16.1 The seller, or its successors in title shall, in its absolute discretion be entitled to

apply for, and subject to the necessary approval being granted by the local

authority, vary the layout and/or zoning and/or boundaries of erven and/or the

extent and position of streets comprising the development and the purchaser

shall be bound thereby and shall have no claim of whatsoever nature against the

seller or its successors in title arising therefrom.

16.2 The Purchaser acknowledges that:

16.2.1 any delay in registration of transfer of the property into his name, shall not give rise

to a claim for cancellation of this Agreement and this Agreement will remain

binding and operative notwithstanding such delay;

16.2.2 he is aware of the fact that an Owners Association for the Development is to be

established in accordance with the requirements of the City of Cape Town and

that he and his successors in title will be obliged to become and remain a member

of the said Owners Association for as long as he is an owner of the property and

will be bound by the terms and conditions contained in the Constitution of the

Association (a copy of which is annexed hereto as Annexure "C") as approved by

the City of Cape Town, and that

16.2.2.1 immediately on becoming the registered owner of the property

he will automatically become a member of the Association;

16.2.2.2 should he sell the property he will ensure that his Purchaser is

made fully aware of the Association;

8

INITIAL HERE

AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

16.2.2.3 prior to transfer he will not be entitled to sell, donate, grant any

option or pre-emptive rights in respect of, alienate or transfer, or

in any way deal with the property without the prior written

consent of the Association which shall not be unreasonably

withheld;

16.2.2.4 the following clause will be inserted in the Title Deed of the

property in this form or in such form as may be determined by

the Registrar of Deeds and is imposed as a condition in favour

of the Association –

"The within property may not be sold or transferred without the

prior written consent of the HOME OWNERS ASSOCIATION of

which the within Transferee shall become a member, which

consent shall not be unreasonably withheld."

16.2.2.5 By virtue of his Membership of the Association, he will be obliged

to make payment of levies to enable the Association to maintain

the Private Open Spaces and to cover its administrative costs,

agrees that the conditions imposed in terms of this clause shall

be deemed to have been imposed as a stipulatio alteri for the

benefit of the members of the Owners Association, that such

conditions may be enforced by the Owners Association.

16.2.2.6 By his signature hereto the Purchaser irrevocably binds himself

to be bound by, to carry out, all the terms and conditions of the

Constitution of the Home Owners Association.

16.2.2.7 The current monthly levies per Erf in the Estate is R500.00 per

month.

16.3 It is recommended that the Purchaser should have the soil conditions on the

property independently tested prior to construction, if deemed necessary.

16.5.1 If this agreement is signed by a person acting or purporting to act for and on behalf

of a Company or Close Corporation (other than one not yet incorporated or

formed), or Trust he warrants by his signature that he is duly authorised so to sign

this agreement, and by his signature binds himself in favour of the Seller as surety

and co-principal debtor in solidum, under renunciation of the benefits of division,

excussion and cession of action, for the due performance of all the obligations of

the said Company, Close Corporation or Trust in terms of or arising out of this

agreement, or any cancellation pursuant to this agreement.

16.5.2. If the person signing as Purchaser acts or purports to act as agent or trustee for a

Company or Close Corporation not yet incorporated or formed:

9

INITIAL HERE

AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

16.5.2.1 such person undertakes in his personal capacity that the Company or

Close Corporation for which he is acting as agent or trustee will be formed

within 30 (Thirty) days of signature and will, within 7 (Seven) days of being

incorporated or formed, adopt or ratify this agreement, without

modification;

16.5.2.2 if the said Company or Close Corporation is not incorporated or formed

within the period prescribed in 16.5.2.1, then such person by his signature

binds himself in favour of the Seller as surety and co-principal debtor in

solidum, under renunciation of the benefits of division, excussion and

cession of action, for the due performance of all the obligations of the said

Company or Close Corporation in terms of or arising out of this

agreement, or any cancellation pursuant to this agreement.

16.6 The property may be used solely for residential purposes; without limiting the

generality of the aforegoing no auction, business or profession may be conducted

from the property without the prior written consent of the Seller, and after transfer,

the Home Owner's Association.

17. CONDITIONS RELATING TO THE CONTRACTOR AND WARRANTIES

It is hereby recorded that although the Seller is the owner of the vacant land on which the

dwelling house and outbuildings will be constructed by the Contractor, the responsibility for

the execution of the construction of the dwelling house and outbuildings on the said vacant

land in a proper workmen like manner will be the sole responsibility, and work of the

Contractor. The Contractor warrants that the work will be constructed substantially in

accordance with the plan, annexed hereto as Annexure “D”, the basic specification,

annexed hereto as Annexure “E” and the finishes schedule annexed hereto as Annexure

“ F” approved by the City of Cape Town and the Home Owner Association. It is hereby

agreed that the following terms and conditions apply only between the Purchaser and the

Contractor, the Seller being absolved from any responsibility therefore owing to the fact

that it is only the owner of the vacant land on which the dwelling house and outbuildings

have been constructed. The following terms and conditions therefore apply as between the

Contractor and Purchaser.

17.1 It is a specific requirement of the contract that the Contractor be registered with the

NHBRC and his certificate of registration must be shown to the Purchaser upon

request.

17.2 The Contractor shall have completed and filed all NHBRC Certificates with the NHBRC

and will have complied with all their Rules and Regulations.

18.

Notwithstanding anything to the contrary herein contained, ownership of all materials built onto

the Erf shall remain vested in the Contractor until such time as all amounts due in terms of this

Agreement have been paid in full.

10

INITIAL HERE

AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

19.

The following documentation will be supplied by the Contractor to the Purchaser on registration

of transfer or occupation whichever shall be the later.

19.1 Electrical Compliance Certificate

19.2 Roof Certificate (A19)

19.3 Copy of approved Plan

19.4 Occupation Certificate issued by the Local Authority

19.5 Plumbing Compliance Certificate

20.

The Purchaser shall not under any circumstances be entitled to withhold payment from the

Contractor for any amounts whatsoever by virtue of minor works still to be carried out by the

Contractor. Any amounts to be withheld, shall be certified by an Architect appointed by the

Contractor.

21.

Should there be any dispute between the Parties, then the matter will be referred to an Architect

whose decision will be final and binding on the Parties.

22.

In addition to the defects list referred to in Clause 23.2 of this Agreement, the Purchaser, must

within 7 (Seven) Days after the date of registration of transfer or occupation whichever shall be

the later (the Completion date), notify the Contractor in writing of any visible defects, which will

be rectified within one month, subject to the Purchaser permitting access. This list shall be

regarded as a final and complete defect list, but shall not constitute the right to withhold final

payment.

23.

23.1 The Purchaser or his representative shall be obliged to attend a hand-over inspection of

the completed dwelling house together with the Architect or a representative of the

Contractor at any pre-arranged time (as close as possible to final completion by the

Contactor), in order to inspect the work and to be advised of the defects listed by the

Architect or the representative of the Contractor which are to be remedied by the

Contractor in terms of Clause 23.3. During the hand-over inspection the Architect or the

representative of the Contractor may in his sole discretion add further items to the

defects list, which will be remedied by the Contractor in terms of Clause 23.3 of this

Agreement. In the event however, that the Purchaser or his representative fails to attend

the hand-over inspection within a period of 7 (Seven) days after he was invited to attend

to an appointment regarding the handover inspection, despite having been duly notified

thereof, the Architect or the representative of the Contractor, shall conduct such

inspection and hand-over.

11

INITIAL HERE

AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

23.2 The defects list issued by the Architect or the representative of the Contractor together

with such further items, if any, added during the hand over inspection shall be final and

binding between the Parties and the Purchaser shall be obliged to accept the Works with

such defects. The Purchaser shall be precluded from raising at any later time any defect

which is alleged to have been a patent defect on the day of the inspection, but does not

appear on such list and shall not have any claim against the Contractor arising therefrom

nor shall the Purchaser be entitled to allege that any such defect or any of the defects

listed by the Architect or the representative of the Contractor, renders the Works unfit for

beneficial occupation.

23.3 The Contractor shall remedy any defects that have been listed by the Architect or the

representative of the Contractor on the said defects list pursuant to Clause 23.1, as soon

as reasonably possible after the "Completion Date". The Contractor shall remedy any

material latent defect in the Works due to faulty workmanship or materials, manifesting

itself within 180 (hundred and eighty) Days of the Completion Date, provided that the

Purchaser notifies the Contractor thereof in writing within the said period of 180

(hundred and eighty) Days. Any dispute between the Contractor and the Purchaser as

to whether the defect constitutes a material defect, shall be referred to the Architect or

the representative of the Contractor for determination, whose decision shall be final and

binding on the Parties.

23.4 In addition to the obligation of the Contractor in Clause 23.3 to remedy patent and latent

defects, the Contractor shall in terms of the NHBRC requirements be obliged to:

23.4.1 At its own expense repair any roof leaks that occur in respect of the Works

within the first 12 (twelve) months of the Completion Date, provided that the

Purchaser notifies the Contractor thereof in writing within the said period of

12 (Twelve) months;

23.4.2 Rectify any defect of a patent or latent nature in respect of the substructure,

the substructure and the roof structure of the Works for a period of 5 (Five)

years of the Completion Date, provided the Purchaser notifies the

Contractor in writing thereof within the said 5 (Five) year period;

23.5 In the absence of notice as referred to in Clause 23.4 above the Purchaser

shall be deemed to have accepted the Works in a fit and proper condition

and be deemed to have acknowledged that the Contractor has fully

complied with its obligations as set out in the aforesaid Clause.

23.6 The Purchaser shall be obliged to give the Contractor all access reasonably

required to remedy the patent or latent defects that are required to be

remedied in terms of Clause 23 above.

23.7 The Contractor personally, or through its servants or agents, shall be

entitled at all reasonable times to have access to the Works for the purpose

of inspecting it or to carry out any repairs which the Contractor may in terms

hereof be obliged or entitled to perform whether such repairs relate to the

Works or not, and the Purchaser shall have no claim against the Contractor

12

INITIAL HERE

AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

for any disturbance in his occupation arising out of the exercise by the

Contractor of the rights hereby conferred.

23.8 After occupation of the Works by the Purchaser, any repairs will be done

during working hours, Monday to Friday.

23.9 The Architect's certificate stating that any defect for which the Contractor is

liable in terms of hereof has been made good shall be final and binding on

both Parties and shall relieve the Contractor from any obligations in respect

of such defect.

23.10 The Warranty specifically excludes the following repair items:

23.10.1 touch–up paint of any nature,

23.10.2 hairline cracks in the plaster work,

23.10.3 any shrinkage/movement and expansion cracks between

different components/materials used or cracking which might

appear in control movement joints,

23.10.4 any mould growth caused by a lack of ventilation and/or

condensation, any doors and windows slamming in windy

conditions or any damage caused thereby,

23.10.5 wind and rain entering through the windows and doors and

windows left open,

23.10.6 and hot water cylinders which will be covered by the guarantee

supplied by the manufacturers thereof.

24. CONSUMER PROTECTION ACT

24.1 It is recorded that the Contractor is a 'producer' as defined in the Consumer

Protection Act 2011 (CPA) and that the Property is sold with an 'implied warranty

of quality' as provided for in section 56 of the CPA being a warranty that the

Property complies with the requirements and standards contemplated in section 55

of the CPA which section 55 provides that the Purchaser has a right to receive the

Property on the basis that: -

24.1.1 it will be reasonably suitable for the purposes for which it is generally

intended;

24.1.2 it is of good quality, in good working order and free of any defects,

subject to the warranties contained elsewhere herein).

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INITIAL HERE

AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

24.1.3 it will be useable and durable for a reasonable period of time, having

regard to the use to which Property would normally be put and to all the

surrounding circumstances of its supply except to the extent that the

Property has been altered after having left the control of the Contractor.

24.2 The contractor will comply in all respects with the CPA in so far as it applies to the

agreement, it being the intention of the contractor, to fulfill all its obligations in the

construction of the dwelling.

25. OCCUPATIONAL RENTAL.

25.1 In the event of the Purchase Price or any portion thereof not having been paid to

or made available to the Seller on or before the date upon which possession of

the property shall be given, occupational rental of

R_________________________ shall be payable from date of possession to

the date of transfer and such rental shall be paid monthly in advance.

26. ADDITIONAL EXTRAS & UPGRADES

26.1 Any request by the purchaser to upgrade or change materials or the position of

any electric or plumbing points after the deed of sale has been signed and the

bond approved shall be at the sole discretion of the contractor to allow.

26.2 Any additional costs arising from the changes requested by the purchaser must

be agreed to in writing, prior to construction starting, by both the contractor and

the purchaser.

26.3 Any additional costs arising from the changes requested by the purchaser do not

form part of this deed of sale and thus is a separate contract between the

purchaser and the contractor; the cost of which is to be paid in full directly to the

contractor before any works on site commence. If the additional costs have not

been paid for, in full, the contractor will revert back to the original drawings,

specification and finishes schedule as it appears in Appendix D, E and F

appended hereto.

26.4 Any changes after construction has started will not be permitted by the

contractor.

27. This offer is irrevocable and binding on the Purchasers(s) for a period of 30 (thirty) days

from signature hereof by the Purchaser(s).

14

INITIAL HERE

AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

SIGNED AT _______________________________________________

ON THIS____________ DAY OF____________________20__________

AS WITNESSES

1. _________________

_________________

SELLER

2. _________________

SIGNED AT _______________________________________________

ON THIS____________ DAY OF____________________20__________

AS WITNESSES

1. ___________________

______________

PURCHASER

2. ___________________

SIGNED AT _______________________________________________

ON THIS____________ DAY OF____________________20__________

AS WITNESSES

1. ___________________

2. ____________________

CONTRACTOR

ON THIS____________ DAY OF____________________20_____________

AGENT

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AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

PERSONAL PARTICULARS

FULL NAMES AND SURNAME_____________________________________

IDENTITY NUMBER ______________________________________

DATE OF BIRTH ______________________________________

MARITAL STATUS ______________________________________

(Unmarried, Married, Divorced, Widowed)

IF MARRIED, STATE MARRIED IN / OUT

OF COMMUNITY OF PROPERTY ____________________________________

DATE OF MARRIAGE ______________________________________

PLACE OF MARRIAGE ______________________________________

(Town and Country)

FULL NAMES OF SPOUSE ______________________________________

IDENTITY NUMBER OF SPOUSE ___________________________________

DATE OF BIRTH OF SPOUSE ___________________________________

CONTACT TELEPHONE NUMBER ___________________________________

CELLPHONE NUMBER ___________________________________

FAX NUMBER ___________________________________

E MAIL ADDRESS ___________________________________

RESIDENTIAL ADDRESS __________________________________

POSTAL ADDRESS ______________________________________

INCOME TAX REFERENCE NO ______________________________________

Please also let us have a copy of your Identity Document and marriage certificate, if applicable. If

you are not in possession of a South African Identity Document, please let us have a copy of your

Passport. Kindly also supply us with a copy of a utility bill reflecting your name and residential

address.

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AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

APPENDIX A

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AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

APPENDIX B

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AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

APPENDIX C

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AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

APPENDIX D

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AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

APPENDIX E

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AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

APPENDIX F

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AGENT Purchaser's

Witness

Purchaser Seller's

Witness

SELLER Contractor's

Witness

CONTRACTOR

APPENDIX G