by Theresa Grobler | Jul 26, 2021 | Blog
In a previous article in this series we have learnt that the sale of immovable property forming part of an enterprise that is being disposed of as a running concern may qualify for payment of VAT at a zero rate (provided certain criteria of the Value Added Tax Act are...
by Theresa Grobler | Jul 26, 2021 | Blog
It is essential for parties to a deed of sale in respect of immovable property to have absolute clarity as to the exact date of expiry of any period of time stipulated therein.Limits are normally placed on the time periods within which:an offer to purchase has to be...
by Theresa Grobler | Jul 26, 2021 | Blog
The purchase price (or in some cases the value) of a property determines the tariff at which the costs incidental to the transfer thereof are calculated.Although it is customary for a purchaser to pay the transfer costs, nothing prevents the parties from stipulating...
by Theresa Grobler | Jul 26, 2021 | Blog
The contents of any agreement are commonly referred to as “terms”, “conditions” or “stipulations”. Contracts for the purchase of fixed property (the Offer to Purchase and once accepted, the Deed of Sale) normally contain one or more “suspensive conditions”. These are...
by Theresa Grobler | Jul 26, 2021 | Blog
In any property transaction the purchaser, to a large extent, holds the key to a swift completion of the entire transfer process. Unfortunately, should it be his/her intention, a purchaser is well positioned to delay the process if a deed of sale does not prevent, or...
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