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Deed Of Sale House Only
"I need a standard Deed of Sale House Only agreement for my property in Cape Town, with transfer to be completed by March 2025 and including all necessary compliance certificates as per South African law."
1. Parties: Full details of the Seller and Purchaser, including legal names, identity numbers, marital status, and current addresses
2. Background: Brief context of the sale and confirmation that the Seller is the registered owner willing to sell and the Purchaser wishes to purchase the property
3. Definitions and Interpretation: Definitions of key terms used in the agreement and rules for interpreting the document
4. Property Description: Detailed description of the property including erf number, street address, size, and registration division
5. Purchase Price: The agreed purchase price, payment terms, and deposit requirements
6. Payment Terms: Details of how and when payments will be made, including deposit arrangements and guarantee requirements
7. Transfer and Registration: Process and timing for property transfer, appointment of conveyancer, and costs allocation
8. Possession and Occupation: Date of occupation, occupational rent if applicable, and conditions of possession
9. Voetstoots Clause: Statement that the property is sold 'as is', subject to Consumer Protection Act provisions
10. Risk and Benefit: When risk transfers to the Purchaser and provisions regarding insurance
11. Warranties and Representations: Standard warranties by both parties, including property condition and capacity to contract
12. Estate Agent Commission: Details of estate agent commission if applicable and who is responsible for payment
13. Breach: Consequences of breach by either party and remedies available
14. Domicilium and Notices: Legal addresses for service of notices and communication requirements
15. General Terms: Standard legal provisions including whole agreement, variation, and governing law
1. Bond Clause: Required if purchase is subject to the Purchaser obtaining mortgage finance, including amount, timing, and conditions
2. Sale of Purchaser's Property: Used when the purchase is conditional on the Purchaser selling their existing property
3. Certificates of Compliance: Details specific certificates required (electrical, gas, electric fence, water) and who bears the cost
4. Occupational Rent: Required if occupation date differs from transfer date, specifying amount and terms
5. Special Conditions: Any unique terms specific to this sale, such as included fixtures or specific repairs
6. FICA Requirements: Detailed requirements for FICA compliance if not covered in main agreement
7. Body Corporate / HOA Provisions: Required for properties in complexes or estates, including rules and levy confirmations
8. Tenant Provisions: Required if property is currently tenanted, including lease details and tenant rights
1. Schedule A - Property Details: Detailed property description, including erf diagram and zoning information
2. Schedule B - Fixtures and Fittings: List of all items included and excluded from the sale
3. Schedule C - Defects List: Disclosure of known defects in the property
4. Schedule D - Compliance Certificates: List of required certificates and their status
5. Appendix 1 - Property Plans: Approved building plans and property layout
6. Appendix 2 - FICA Requirements: Detailed list of required FICA documentation for both parties
7. Appendix 3 - Property Photos: Current dated photographs of the property condition
8. Appendix 4 - Proof of Authority: Any required resolutions or authorizations if parties are entities
Authors
Real Estate
Legal Services
Financial Services
Property Development
Construction
Banking
Insurance
Property Management
Professional Services
Residential Property
Legal
Real Estate
Conveyancing
Compliance
Property Management
Sales
Risk Management
Document Processing
Customer Relations
Property Finance
Real Estate Agent
Property Lawyer
Conveyancing Attorney
Property Manager
Bank Manager
Mortgage Specialist
Legal Counsel
Compliance Officer
Property Valuer
Sales Manager
Property Practitioner
Real Estate Broker
Transaction Coordinator
Property Inspector
Title Deed Officer
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