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Terms and Conditions



Title : Student Housing And Backpackers Lodge

Reference : 316

Date :2019-07-24

TERMS AND CONDITIONS: R20 000.00 refundable registration fee is payable. 5% Buyers commission (VAT included) is payable on the immovable property. Auctioneer: Juan Maree. For the balance of the purchase price the purchaser must deliver a bank guarantee within 30 days after the confirmation. 21 Days confirmation on immovable property is applicable. All finance must be pre-approved. FICA requirements must be met (ID and proof of residence). No transaction will be finalised with out the necessary FICA documents. The Auction is subject to a reserve price. All potential purchases must per-register for auction. General Auction rules is available on our website.  The auction rules is in accordance with Section 45 of the Consumers Protection Act, ACT 68 of 2008. The above is subject to change without prior to confirmation.

General Rules of Auction

General Rules of Property Auction


Contact Details:
Telephone : 011 789 4375
Email : auctions@parkvillage.co.za

Unit 10 Ferndale Mews North
Corner Oak and Dover Road
Ferndale
Randburg
  • Member of South African Institute of Auctioneers.
  • Member of National Auctioneers Association.
  • Member of Johannesburg Chamber of Commerce and Industry.
  • Member of Insitiute of Estate Agents of South Africa.
  • Level 2 Certificate in terms of the current BBBEE Framework.
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