VOLUME 1
Prepared by: Paola Cicognini Attorneys.
Contact person : Paola Cicognini
Address : 19 Stanley Street, Central, Port Elizabeth
Telephone number : 041-5860184
Fax number : 041-5859326
TABLE OF CONTENTS
VOLUME 1
Agreement of Sale (Including Schedule A)
Annexure 1
Property Description & Purchase Price
Locality Plan
Extract from Regulation Plan
VOLUME 2
Annexure 2
Design Code Book including Concept Plans and Regulation Plan
Annexure 3
Subdivision Approval
Record of Decision
Agreement Of Sale
(Including Schedule A)
Page 1
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AGREEMENT OF SALE
AGREEMENT OF SALE entered into by and between THE NEW HORIZON
DEVELOPMENT TRUST "the Seller" and the person/s or entity referred to in BLOCK 1 of
SCHEDULE A attached hereto, "the Purchaser".
1.
SALE
The Seller sells to the Purchaser who purchases the Property referred to in BLOCK
2 of SCHEDULE A, "the Property", Which Property has been marked in RED on the
Regulation Plan attached hereto marked Annexure 1.
2.
PURCHASE PRICE & DEPOSIT
The purchase price of the Property is the sum referred to in BLOCK 3 of
SCHEDULE A, "the purchase price". The purchase price shall be payable as follows: a
deposit equal to the amount referred to in BLOCK 4 of SCHEDULE A, “deposit”,
shall be paid by no later than the date referred to in BLOCK 5 of SCHEDULE A to
the Seller's conveyancer. The Purchaser irrevocably authorises the Seller’s
conveyancer to invest the deposit with a financial institution. The interest earned
on the investment will be paid to the Purchaser on registration of transfer. The
balance of the purchase price of the Property shall be paid in cash by the Purchaser
to the Seller on registration of transfer of the Property into the name of the
Purchaser, ("transfer") and in respect of which t