Terms and Conditions
As per Covid-19 Regulations social distancing will be enforced. NO MASK, NO ENTRY. Only the first 50 registered buyers will be allowed on the auction premises. R10 000.00 refundable registration deposit is payable, 6% Buyers commission plus VAT is payable on immovable properties. 15% deposit payable on the fall of the hammer. For the balance the purchaser must provide a bank guarantee 30 days after confirmation. 14-day confirmation period applicable for immovable property. Auctioneer: Nico Maree / Juan Maree. All finance must be per-approved. FICA requirements (id & proof of residence) must be met. No transactions will be finalized without complying with the FICA requirements. Auction is subject to a reserve price. All prospective bidders must per-register. General auctions rules are available on the Park Village website. The auction rules are in accordance with Section 45 of the Consumer Protection Act 68 of 2008, which is available on our website - URL http://www.parkvillageauctions.co.za/wp-ontent/uploads/2013/10/Rules_of_Auction.pdf
NB: Above-mentioned is subject to change without prior notice.