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Deed Of Sale With Attorney In Fact
"I need a Deed of Sale with Attorney in Fact for a commercial property sale in Cape Town, South Africa, where my overseas-based father is selling his warehouse through me as his representative, with transfer planned for March 2025."
1. Parties: Identification of the Seller, Buyer, and Attorney in Fact, including full legal names, identity numbers, and contact details
2. Background: Context of the sale and appointment of the Attorney in Fact
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the property including erf number, physical address, size, and registration details
5. Purchase Price: The agreed purchase price and payment terms
6. Power of Attorney: Scope and limitations of the Attorney in Fact's authority
7. Transfer and Registration: Process and requirements for property transfer and registration
8. Possession and Occupation: Date of occupation and conditions for possession
9. Warranties: Seller's warranties regarding the property's condition and title
10. Risk and Insurance: Transfer of risk and insurance requirements
11. Costs and Transfer Duty: Allocation of transfer costs, duties, and other expenses
12. Breach: Consequences and remedies for breach of contract
13. Notices and Domicilia: Communication methods and legal addresses for notices
14. General Terms: Standard contractual provisions including entire agreement, variation, and governing law
1. Occupational Rent: Required when there's a gap between occupation and transfer dates
2. Fixtures and Fittings: Needed when specific items are included/excluded from the sale
3. Tenant Rights: Required when the property is currently leased
4. Bond Cancellation: Included when existing bonds need to be cancelled
5. Special Conditions: For property-specific conditions or requirements
6. Agent Commission: Required when an estate agent is involved
7. Compliance Certificates: When specific certificates are required for the property type
8. Sectional Title Provisions: Required for sectional title properties
1. Schedule A - Property Details: Detailed property description including boundaries and servitudes
2. Schedule B - Power of Attorney: Original or certified copy of Power of Attorney document
3. Schedule C - Payment Schedule: Detailed breakdown of payment terms and dates
4. Schedule D - Fixtures and Fittings: List of items included in or excluded from the sale
5. Schedule E - Compliance Certificates: List of required certificates and their status
6. Appendix 1 - Property Plans: Official property plans and diagrams
7. Appendix 2 - Title Deed: Copy of current title deed
8. Appendix 3 - Identity Documents: Copies of all parties' identity documents
Authors
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Property Management
Insurance
Agricultural (for farm properties)
Commercial Property
Residential Property
Industrial Property
Retail Property
Legal
Real Estate
Property Management
Compliance
Contract Administration
Property Development
Conveyancing
Sales
Risk Management
Documentation
Property Lawyer
Conveyancing Attorney
Real Estate Agent
Property Manager
Legal Counsel
Compliance Officer
Contract Manager
Property Developer
Estate Administrator
Real Estate Broker
Title Deed Officer
Property Transfer Secretary
Legal Administrator
Real Estate Transaction Coordinator
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