Download Offer to Purchase 2021

Download property contract and get assistance to conclude the transaction. Get no obligation property transfer costs and fees quotation.

DownloaD Offer To Purchase


Download free Offer to Purchase - Deed of Sale - Koopkontrak van Grond

Offer to Purchase Sectional Title 2021

Download Offer to Purchase Sectional Title 2021

Offer to Purchase House 2021

Offer to Purchase House 2021

10 Essential things to consider before buying or selling property!

Before buying or selling property consider these important legal and practical considerations.

What We Offer 


Property Transfer and Conveyancing Services Louwrens Koen Attorneys

 

Property Law Consulting

Our Conveyancing Services include: Free offer to purchase/deed of sale download service Assistance with the completion of offer to purchasers Written conveyancing quotations Negotiating property transfer fee's Free first consultation to discuss your property transfer needs Registering the transfer of property. Negotiating and drafting real estate agreements

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Contact


  • Louwrens Koen Attorneys 416 Kirkness Street, Arcadia, Pretoria, South Africa
  • Office 4, Second Floor, Northern Pavilion, Gate 12, Loftus Versveld.

F.A.Q


Who what is download-offer-to-purchase.co.za

The website are proudly run and owned by Louwrens Koen Attorneys, Conveyancers and Notaries Public. The purpose of the site is to assist buyers or sellers of property in South-Africa to download an appropriate contract, to assist with the correct completion of the contract and transfer of the property in the office of the Registrar of Deeds.

Who drafted the offer to purchase?

The offer to purchase was drafted and is kept up to date by an qualified and admitted  Attorney, Conveyancer and Notary Public with 25 years of experience. The relevant South-African law  was taken into consideration when the contract was drafted.

Are the documents legally binding?

Yes. Please note that any changes made to the agreement or the improper or the incomplete completion of the contract may invalidate it. It is thus always best to have the document validated by an attorney before making the offer. We may be contacted in this regard.

How do I contact you should I want to ask an question or need assistance with the completion of the contract? ?

The best way is to send an message through the contact us button on the website or to the E-mail as set out in the contacts details. We will endeavor to assist in a reasonable time.

Do we need an Estate Agent to facilitate the transaction?

No absolutely not. Both parties should however make sure of all the relevant facts pertaining to the property before entering into the transaction. See our article pertaining to matters to consider before entering into a dead of sale.

What are the pitfalls of signing a written contract that has been drawn up by the other party?

The contract could contain terms that were not part of the verbal  negotiations and which are included solely for the benefit of the other party. Conversely, the contract might not contain terms or stipulations to your benefit which were agreed upon during the verbal negotiations. Remember: when in doubt, consult an attorney and go through written agreements very carefully. Never sign a contract without reading it merely because you are in a hurry or want to rid yourself of an irritating salesman.

What is a breach of contract?

This means that one of the parties has in fact broken the agreement  in one or more of the following ways:
He/She has not done or delivered what he promised regarding the contract.
He/She has refused to carry out the contract.
He/She has prevented the other party from doing or delivering what the other party must do or deliver according to the contract.
He/She has delivered or done what he promised to do in terms of the contract, but his performance is defective and is completely useless or only of partial use to the other party.

Where a party to a contract has breached the agreement, the innocent party should consult an attorney who will institute an action if necessary.

Can I change the document after downloading it?

The document will be downloaded in PDF format with ample space to complete the details of the parties and the transaction. Any amendments to the contract must be initialed by both parties.  There are also ample space to insert special conditions. We suggest that you contact with us to assist if there are special conditions or circumstances that needs to be reduced to writing.

What may the purchaser do if he buys something that has a hidden fault?

The law states that the seller is responsible or liable for and hidden or latent faults that exist in the article bought if they were present at the time of sale. Purchasers should beware of buying something that is sold "voetstoots" or "as-is" or "as it stands" because in selling this way the seller has excluded his responsibility or liability for any hidden faults.

Must an Offer to Purchase concerning fixed property be in writng to be valid?

Yes in terms of the Alienation of Lands Act all contracts pertaining to fixed property should be in writing to be valid. Its also best to reduce any amendments or addendums pertaining to the sale of fixed property to wring. Both parties to the agreement should sign or at least initial every page to the agreement.

What is the difference between the date of occupation and the date of transfer?

The date of occupation is the date on which the purchaser occupies the property. The date of transfer is the date the property is registered in the name of the purchaser in the office of the Registrar of Deeds.

What is occupational interest/rent?

This is the amount rent payable by the Purchaser to the Seller for the period that the Purchaser is in occupation of the property before the property is registered in the Purchasers name. Occupational rent may be payable by the Seller to the Purchaser in the event that the above scenario is reversed. The parties should agree on a fair market related rental amount.

What are conditions in an offer to purchase?

These are events that have to happen or not happen for the offer to become valid. For example the Purchaser needs to sell his/her existing property or need to acquire a finance/bond from a financial institution.

What is an Electrical Compliance Certificate?

A certificate, which is issued by a qualified electrician stating that the electricity installation for a property, from its supply point, is safe according to the Occupational Health and Safety Act. The cost of this and any electrical repairs that need to be made are for the seller’s account. It is legally required in order for the property to be transferred into the purchaser’s name. Afrikaans - Elektriese Compliance Sertifikaat

What is an Entomologist's Certificate?

Legally required in some coastal provinces before transfer of a property can take place, confirming that its structure is free of wood borer or termite infestation. Afrikaans - Entomoloog Sertifikaat

What is an latent defect?

A latent defect, on the other hand, is one that cannot be seen or ascertained during the course of a normal property inspection.

What is an rates clearance certificate?

Taxes are levied on all property owners by the municipality. Rates are included in the levy if you buy Sectional Title. They are payable on a monthly basis and are calculated as a percentage of the value of the property. Afrikaans - Eiendomsbelasting

What is Transfer Costs?

This is the total amount payable in respect of taxes and fees to have the property transferred in the name of the Purchaser. Before making an offer to purchase it's very important to ascertain the amount payable additional to the purchase price. Contact US to assist with a no obligation property transfer quotation.

What is transfer duty?

Transfer duty is a transfer tax payable to the Fiscus (State)  calculated on the purchase price of the property. Transactions under R950 000 are usually exempted. Transfer duty is paid by the Conveyancer/Transferring Attorney to S.A.R.S. on behalf of the Purchaser and in turn receive a Transfer Duty Receipt as proof of payment.

What is Conveyancing Fee's? Can it be negotiated?

Conveyancing costs are the costs payable to the transferring attorney also called an conveyancer for services rendered in transferring the property into the name of the Purchaser. Conveyancing fees are calculated according to a suggested sliding scale issued by the Legal Services Council. As indicated this is an suggested scale and may be negotiated with the transferring attorney. This is best done before conclusion of the offer to purchase. 

What is Estate Agents Commission?

This is the commission payable by the Seller to the agent for arranging the Buyer. This is typically an percentage of 4.4% to 8.5% plus Value Added Tax of the purchase price. This may be a substantial amount consideration that the parties may save by not utilizing an estate agent.

Articles


Important Issues To Consider Before Making An Offer To Purchase

Price Are you paying fair market value for the property. The easiest way to check if your offer is market related is to do an desktop valuation of the property. The valuation will tell you what the existing owner paid for the property and will give a matrix of sales of comparable properties in the area. Such an market valuation can be obtained by contacting your conveyancer.

Read More  

Offer to Purchase - How to enter into a binding Offer to Purchase

An Offer to Purchase is a binding agreement of your intention to buy the home, so take some time to ensure it includes everything you need it to. Before you sign anything, take a look around the property to see if there’s anything you want to be included in the sale. These items must be stipulated in your offer. From small things like garage remotes and pool cleaners, to larger or more prominent items like blinds, ovens or gas stoves.

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Property Transfer Process South-Africa

The Conveyancing Process The Deed of Sale is handed to the appointed Conveyancer, who will draft the necessary documents. Both the seller and the purchaser will be required to call at the offices of the Conveyancer to sign the necessary documents. The documents to be signed include the following: A Power of Attorney to Pass Transfer. This document must be signed by the seller as it empowers the Conveyancer to transfer the property on his/her behalf;

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Clauses of the Offer to Purchase

This is a generic article you can use for adding article content / subjects on your website.

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Property Transfer Costs - Costs involved in making an Offer to Purchase

Buying a home is the most significant financial commitment that most people will make in their lifetime. There are many expenses to consider, and as the amounts may be considerable, it’s worth planning for these in advance of transfer so that you can be sure you have the finance available. Bond registration and transfer fees are probably the most significant costs associated with buying a home. You can get an idea of what those costs are by an online transfer calculator.

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Who is an Conveyancer? Do I need one to Transfer Property?

A Conveyancer is an attorney who also passed the national conveyancing examination and by law is the only person who can register fixed property transfers. This is necessary to ensure the protection of the various interests the parties have in the transaction and to maintain the high standard of land registration

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About this website 


This website proudly owned and managed by Louwrens Koen Attorneys.

The site Download-Offer-To-Purchase.co.za is proudly owned and managed by Louwrens Koen Attorneys. ouwrens Koen Attorneys, Conveyancers and Notaries are a dynamic law firm, which believes that all clients must enjoy quality and cost effective legal services. We have a modern outlook and have offer technological legal solutions without compromising on traditional values.

Louwrens Koen was admitted as an Attorney in 1995 after completing his Blc LLb degrees from the University of Pretoria. He is also an admitted Conveyancer and is the author of hundreds of legal articles on the worldwide web.

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