Does the Occupational Rent include Water and Electricity Consumption or not?
Property practitioners must take special care to note the wording of the sale…
Difference Between an Irrevocable Offer and an Offer that Lapses
Offers to purchase usually contain either of the following clauses: This offer…
Withholding Income Tax Obligation
Section 35A of the Income Tax Act places an obligation on a purchaser who pays…
What is the Purpose of a Witness?
Witnesses are not required to enter into a valid agreement of sale for land.…
Explaining the Breach Clause - Part 3
Where the aggrieved party decides to cancel the agreement and claim damages,…
Explaining the Breach Clause - Part 2
The actual content of breach clauses will vary from contract to contract.…
Explaining the Breach Clause - Part 1
All agreements of sale contain a clause which regulates the breach of the…
What is wasted Costs?
It is imperative to remember that once an agreement of sale has been signed and…