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A Sale Deed For Undivided Share Of Land is a crucial legal instrument in South African property law, used when transferring partial ownership rights in a property without physical division of the land. This document is particularly relevant when multiple owners wish to share ownership of a single property, common in both residential and commercial contexts. The deed must comply with South African legislative requirements, including the Alienation of Land Act 68 of 1981 and the Deeds Registries Act 47 of 1937. It details the specific share being transferred, purchase terms, co-ownership arrangements, and rights and obligations of all parties. This type of deed is commonly used in family property arrangements, business partnerships, or investment groups where shared ownership of land is desired without physical subdivision.

1. Parties: Identification and details of the Seller and Purchaser, including their full names, identity numbers, marital status, and physical addresses

2. Background: Context of the transaction, including current ownership details and reason for sale of the undivided share

3. Definitions: Definitions of key terms used in the deed, including 'Property', 'Undivided Share', 'Transfer Date', and other relevant terms

4. Property Description: Detailed description of the entire property including erf number, physical address, extent, and existing title deed number

5. Sale: Clear statement of sale and the specific fraction or percentage of undivided share being transferred

6. Purchase Price: The agreed purchase price for the undivided share and payment terms

7. Transfer and Registration: Provisions regarding transfer of ownership, appointment of conveyancer, and registration in the Deeds Office

8. Possession and Occupation: Terms regarding transfer of possession, occupation rights, and use of the property

9. Costs and Transfer Duty: Allocation of transfer costs, transfer duty, and other associated expenses

10. Warranties: Warranties by the seller regarding title, property condition, and authority to sell

11. Co-ownership Arrangements: Rights and obligations between co-owners, including use, maintenance, and decision-making

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

13. Notices: Communication requirements and contact details for formal notices

14. General Terms: Standard contractual provisions including whole agreement, variation, and governing law