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Notice Of Intent To Sell
"I need a Notice of Intent to Sell for my residential property in Cape Town that's currently tenant-occupied, to be effective from March 2025, ensuring compliance with tenant's rights and including right of first refusal provisions as per our lease agreement."
1. Sender Details: Full legal name, address, and contact information of the party giving notice of intent to sell
2. Recipient Details: Full legal name, address, and contact information of the party receiving the notice (e.g., tenant, co-owner, or right of first refusal holder)
3. Property Description: Detailed description of the property including physical address, erf number, and registration details as per the title deed
4. Declaration of Intent: Clear statement of intention to sell the property, including anticipated timeframe
5. Current Market Value: Indication of the proposed selling price or market value range of the property
6. Notice Period: Specification of the notice period being given, in compliance with any contractual or statutory requirements
7. Date and Signature: Date of the notice and signature of the seller or authorized representative
1. Right of First Refusal Terms: Include when the recipient has a contractual right of first refusal, specifying the terms and timeframe for exercising this right
2. Tenant Rights Statement: Include when the property is currently tenanted, outlining the impact on existing lease agreements
3. Property Condition Declaration: Optional section describing the current condition of the property and any material defects
4. Agent Details: Include when a property practitioner/estate agent has been appointed, providing their details and registration number
1. Property Photographs: Recent photographs of the property (if relevant)
2. Title Deed Extract: Copy or relevant extract of the property's title deed
3. Valuation Certificate: Recent property valuation certificate if available
4. Existing Lease Agreement: Copy of current lease agreement if property is tenanted
Authors
Real Estate
Property Development
Property Management
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Construction
Commercial Property
Residential Property
Retail Property
Industrial Property
Agricultural Property
Legal
Real Estate
Property Management
Asset Management
Compliance
Facilities Management
Operations
Property Development
Investment
Administration
Property Manager
Estate Agent
Real Estate Attorney
Property Developer
Legal Counsel
Conveyancer
Property Administrator
Asset Manager
Facilities Manager
Real Estate Investment Manager
Property Portfolio Manager
Compliance Officer
Real Estate Broker
Property Practitioner
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