¶¶Òõ¶ÌÊÓÆµ

Sale Agreement Of Immovable Property Template for South Africa

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Sale Agreement Of Immovable Property

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Sale Agreement Of Immovable Property

"I need a Sale Agreement of Immovable Property for a residential property in Cape Town, South Africa, with a suspensive condition for the buyer to obtain mortgage financing by March 2025, and the property is currently tenant-occupied."

Document background
The Sale Agreement of Immovable Property is a crucial legal document used in South African property transactions to formalize the transfer of real estate between parties. This agreement is required whenever immovable property is bought or sold, whether in residential, commercial, or industrial contexts. The document must comply with strict requirements under South African law, particularly the Alienation of Land Act 68 of 1981, and needs to be in writing and signed by all parties to be valid. It contains detailed information about the property, parties involved, purchase price, payment terms, transfer conditions, and various warranties and undertakings. The agreement serves as the foundation for the property transfer process and protects both the seller's and purchaser's interests throughout the transaction.
Suggested Sections

1. Parties: Identification and details of the Seller and Purchaser, including full names, registration/identity numbers, and contact details

2. Background: Brief context of the sale and confirmation that the Seller owns and wishes to sell the property to the Purchaser

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

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 obligations of parties

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 CPA requirements where applicable

10. Risk and Insurance: Transfer of risk and responsibility for insurance from date of possession

11. Rates and Taxes: Responsibility for municipal rates, taxes, and utilities, including arrangements for clearance certificates

12. Estate Agent Commission: Details of estate agent commission if applicable and who is responsible for payment

13. Breach: Consequences and remedies in case of breach by either party

14. Notices and Domicilia: Legal addresses for service of notices and communication requirements

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

Optional Sections

1. Mortgage Bond: Include when purchase is subject to the Purchaser obtaining mortgage finance, specifying amount and timeframe

2. Sale of Purchaser's Property: Include when purchase is conditional on the Purchaser selling their existing property

3. Fixtures and Fittings: Include when specific items are included/excluded from the sale requiring detailed listing

4. Tenant Rights: Include when the property is currently let and specifying arrangements regarding existing lease

5. Special Conditions: Include when there are specific conditions like renovations to be completed or certificates to be obtained

6. FICA Requirements: Include detailed FICA compliance requirements when dealing with corporate entities or trusts

7. Direct Marketing: Include cooling-off period details if the sale resulted from direct marketing

8. Body Corporate: Include for sectional title properties, specifying body corporate rules and obligations

Suggested Schedules

1. Schedule A - Property Description: Detailed property description including diagram, zoning, and current use

2. Schedule B - Fixtures and Fittings: Comprehensive list of fixtures and fittings included/excluded from the sale

3. Schedule C - Defects List: List of known defects disclosed by the Seller

4. Schedule D - Compliance Certificates: List of required compliance certificates and their status

5. Appendix 1 - Property Plans: Approved building plans and property layout

6. Appendix 2 - Title Deed: Copy of the current Title Deed

7. Appendix 3 - Body Corporate Rules: For sectional title properties, copies of relevant body corporate rules

8. Appendix 4 - FICA Documents: Copies of required FICA documentation for both parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































Clauses





























Relevant Industries

Real Estate

Banking and Finance

Legal Services

Property Development

Construction

Residential Property

Commercial Property

Agricultural Property

Industrial Property

Property Management

Relevant Teams

Legal

Real Estate

Compliance

Risk Management

Sales

Business Development

Property Management

Contract Administration

Finance

Operations

Relevant Roles

Property Lawyer

Real Estate Agent

Conveyancing Attorney

Property Manager

Legal Counsel

Compliance Officer

Real Estate Developer

Property Investment Manager

Bank Manager

Mortgage Specialist

Contract Manager

Property Portfolio Manager

Sales Manager

Business Development Manager

Risk Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Sales Commission Agent Agreement

South African law-governed agreement establishing terms and conditions for sales agents working on commission basis, including rights, obligations, and commission structures.

find out more

Sales & Purchase Agreement

A South African law-governed agreement detailing terms and conditions for the sale and purchase of goods, assets, or property between parties.

find out more

Simple Sales Contract For Goods

A standardized sales contract template for goods transactions under South African law, ensuring legal compliance while maintaining commercial practicality.

find out more

Simple Consignment Contract

A South African law-governed agreement establishing terms for consignment sales arrangement between product owner and seller, including commission and risk allocation.

find out more

Deed Of Sale Car Vehicle

A South African legal agreement documenting the sale and transfer of ownership of a motor vehicle, ensuring compliance with local regulations and protecting both parties' interests.

find out more

Buy And Sell Agreement (Insurance)

A South African legal agreement establishing business succession arrangements funded through insurance, ensuring smooth ownership transition upon specific trigger events.

find out more

Sale Agreement Of Immovable Property

A legally binding contract under South African law for the sale and transfer of immovable property between parties, complying with the Alienation of Land Act.

find out more

Legal Sales Contract

A South African law-governed contract establishing terms and conditions for the sale of goods or services between parties.

find out more

Sale Of Business As A Going Concern Agreement

A South African law-governed agreement for the transfer of an operational business as a going concern, including assets, employees, and liabilities.

find out more

Provisional Sales And Purchase Agreement

A South African legal document establishing provisional terms for property sale and purchase, subject to specified conditions under local property law.

find out more

Sale Of Equity Agreement

A South African law-governed agreement documenting the sale and transfer of company shares or equity interests between parties, including terms, conditions, and regulatory compliance requirements.

find out more

Lease To Sell Agreement

A South African legal agreement combining property lease terms with a future purchase arrangement, allowing tenants to rent with the option or obligation to buy.

find out more

Deed Of Sale Of House And Lot

A legally binding agreement under South African law that documents the sale and purchase of residential property, including both house and land components.

find out more

Deed Of Absolute Sale For Land

A formal agreement under South African law for the transfer of land ownership, compliant with the Alienation of Land Act and Deeds Registry requirements.

find out more

Sales Rep Agreement

A South African law-governed agreement establishing the terms and conditions between a company and its sales representative, including commission structure and territorial rights.

find out more

Deed Of Conditional Sale

A South African legal document outlining terms and conditions for a property sale that becomes final only when specified conditions are met.

find out more

Apartment Sale Contract

South African legal agreement for apartment sale and purchase under sectional title scheme, compliant with local property laws.

find out more

Mobile And Manufactured Home Purchase Agreement And Sales Contract

A South African law-governed agreement for the purchase and sale of mobile or manufactured homes, ensuring compliance with local property and consumer protection legislation.

find out more

Vessel Sales Agreement

A South African law-governed agreement for the sale and purchase of a vessel, including transfer of ownership, regulatory compliance, and maritime safety requirements.

find out more

Mobile Sale Agreement

A South African law-compliant agreement for the sale of mobile devices, addressing consumer protection and electronic communication regulations.

find out more

House For Sale On Contract

South African residential property sale agreement compliant with the Alienation of Land Act and related property legislation.

find out more

Contract For Deed Land For Sale

A South African legal agreement for the installment sale of land where the seller retains title until full payment is received, governed by the Alienation of Land Act.

find out more

Mobile Home Installment Sale Contract

A South African law-compliant contract for the installment sale of mobile homes, incorporating credit agreement terms and consumer protection provisions.

find out more

Contract To Sell Installment Payment

A South African law-governed agreement for the sale of property or goods with payment structured in installments, including payment terms, ownership transfer, and security provisions.

find out more

Sale Of Membership Interest Agreement

A South African law-governed agreement for the transfer of membership interests between parties, including terms, conditions, and regulatory compliance requirements.

find out more

Lease Agreement Sale Of Property

A South African legal agreement combining property lease and sale terms, enabling tenant occupation while facilitating eventual property purchase.

find out more

Commercial Purchase And Sale Agreement

A South African law-governed agreement detailing terms and conditions for commercial sale transactions between businesses, including price, delivery, and warranty terms.

find out more

Product Sales Agreement

A South African law-governed agreement setting out terms and conditions for the sale of products between parties, ensuring compliance with local commercial and consumer protection laws.

find out more

Deed Of Agreement For Sale Of Land

A legally binding agreement under South African law that documents the terms and conditions for the sale and transfer of land or immovable property between parties.

find out more

Sale And Leaseback Contract

A South African law-governed agreement combining property sale and subsequent leaseback arrangements between the original owner (now tenant) and new owner (landlord).

find out more

Mobile Home Sale Contract

A legal agreement under South African law for the sale and transfer of ownership of a mobile home, including specifications, payment terms, and compliance requirements.

find out more

Direct Sales Agreement

A South African law-governed agreement establishing terms for direct product sales between parties, ensuring regulatory compliance and commercial protection.

find out more

Commercial Sales Agreement

A South African law-governed agreement establishing terms and conditions for commercial sale of goods between business entities.

find out more

Agreement Of Purchase And Sale Of Business Assets

South African law-governed agreement for the transfer of business assets between entities, detailing terms of sale and asset transfer conditions.

find out more

Private Sale Contract

A South African law-governed agreement for private sale transactions, establishing terms and conditions between seller and purchaser.

find out more

Bill Of Sale Contract

A South African legal document evidencing the transfer of ownership of property from seller to buyer, detailing the sale terms and conditions under South African law.

find out more

Deed Of Sale Agreement

A legally binding agreement under South African law that documents the terms and conditions for the sale and transfer of immovable property between parties.

find out more

Sale Of Equipment Contract

A South African law-governed agreement detailing terms and conditions for equipment sale and purchase, including specifications, pricing, delivery, and warranties.

find out more

Sales Agent Contract

A South African law-governed agreement establishing the terms and conditions between a principal company and its sales agent.

find out more

Sales Agreement Contract

A South African law-governed agreement establishing terms and conditions for the sale and purchase of goods or assets between parties.

find out more

Conditional Sale Agreement

South African Conditional Sale Agreement governing the sale of goods with retained ownership until conditions are met, compliant with local credit and consumer protection laws.

find out more

Agreement To Sell

A South African law-compliant contract documenting the terms and conditions for the sale of property or goods between a seller and purchaser.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.