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1. Parties: Identification and details of the Seller and Purchaser, including registration/ID numbers and addresses
2. Background: Context of the sale and purpose of the agreement
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Sale: Description of the item/property being sold and confirmation of the sale
5. Purchase Price: Total purchase price, deposit amount, and balance payable
6. Payment Terms: Schedule of payments, payment methods, and interest calculations if applicable
7. Delivery and Risk: Terms for delivery and transfer of risk in the goods/property
8. Ownership: Retention of ownership until full payment and conditions for transfer
9. Warranties and Representations: Warranties by both parties regarding the sale and their capacity to contract
10. Default and Breach: Consequences of default and remedies available to parties
11. Notices and Domicilia: Contact details and formal communication requirements
12. General Terms: Standard contract clauses including entire agreement, variation, and governing law
1. Insurance: Requirements for insurance of goods/property during the payment period, used when high-value items are involved
2. Maintenance and Use: Terms for maintenance and permitted use of goods while under payment, relevant for vehicles or equipment
3. Security: Additional security requirements such as guarantees or suretyships, used for high-value transactions
4. Credit Check Authorization: Authorization for credit checks as per National Credit Act, required if agreement falls under the Act
5. Early Settlement: Terms for early payment of the full amount, important for compliance with consumer protection laws
6. Transfer Costs: Allocation of transfer costs and taxes, particularly relevant for immovable property
7. Occupational Rent: Terms for occupation before transfer, specifically for property sales
1. Schedule A - Description of Goods/Property: Detailed description of the item being sold, including specifications or property details
2. Schedule B - Payment Schedule: Detailed breakdown of payment amounts and due dates
3. Schedule C - Delivery Terms: Specific delivery or transfer arrangements and conditions
4. Schedule D - Condition Report: Current condition of goods/property at time of sale
5. Appendix 1 - Required Documents: List of documents required for transfer of ownership
6. Appendix 2 - Warranty Details: Detailed warranty terms and conditions if applicable
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