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The Apartment Sale Agreement is a crucial legal document used in South African property transactions for the transfer of sectional title residential units. This agreement is essential when selling or purchasing an apartment within a sectional title scheme, governed by South African property law, particularly the Sectional Titles Act and Alienation of Land Act. The document must comply with strict legal requirements, including written form and signatures, while incorporating mandatory disclosures under the Property Practitioners Act. It covers all aspects of the transaction, from purchase price and payment terms to body corporate rules and occupational arrangements. The agreement is designed to protect both parties' interests while ensuring smooth property transfer within the South African legal framework.

1. Parties: Full details of the Seller and Purchaser, including legal names, identity numbers, marital status, and current addresses

2. Background: Context of the sale, including brief description of the property and purpose of the agreement

3. Definitions and Interpretation: Definitions of key terms used in the agreement and rules of interpretation

4. Property Description: Detailed description of the apartment, including unit number, floor area, participation quota, and exclusive use areas

5. Purchase Price: The agreed purchase price and payment terms, including deposit requirements and payment schedule

6. Payment Terms: Details of how and when payments must be made, including deposit handling and trust account details

7. Transfer and Registration: Process and timing of property transfer, appointment of conveyancer, and registration requirements

8. Occupation: Date of occupation, occupational rent terms, and conditions related to possession

9. Compliance Certificates: Requirements for electrical, gas, electric fence, and beetle certificates as applicable

10. Sectional Title Provisions: Body corporate rules, levies, and specific sectional title requirements

11. Risk and Insurance: Transfer of risk, insurance requirements, and responsibilities

12. Warranties and Representations: Standard and property-specific warranties by both parties

13. Agent Commission: Details of estate agent's commission and responsibility for payment

14. Breach and Termination: Consequences of breach and termination provisions

15. Notices and Domicilia: How and where notices must be delivered to parties

16. General Terms: Standard legal provisions including whole agreement, variation, and governing law