|Bidding Instructions||* Register Account * Pay Registration fee (Refundable) * Email proof of payment to verify account * Place Bid * Do Not wait until the last minute to register! *Winning Bidder to pay 15% Deposit into trust account.|
Dwelling: 2 bedrooms, Kitchen, lounge, bathroom
How the process works:
By bidding on the auction, the bidder accepts and binds himself/herself to all the terms and conditions contained herein. https://auctionstation.co.za/home/wp-content/uploads/2020/06/TPS-ONLINE-Auction-Conditions-cash-offer-1.pdf
R10 000 refundable registration fee.
Auctioneers commission of 10% (exc Vat) is added to the bid amount.
The seller is responsible for vacant occupation on transfer
The highest bidder will be required to pay a deposit of 15% of the purchase price immediately into the Thompson Trading Trust Account.
The balance of the total purchase price is required within 30 days of acceptance or when called for by the conveyance.
The seller is a registered VAT vendor. If both parties are registered VAT Vendors. Subject to SARS acceptance, the transaction shall be zero rated VAT, alternatively VAT shall be payable by the Purchaser.
The seller is responsible for vacant occupation.