Purchase Price. 1.1 The purchase price is the amount of: R ( ) The seller hereby confirms that he is registered for VAT and that the property is sold as a VATable item. The seller will pay the VAT to SARS. The purchase price therefore includes VAT;* or The seller hereby confirms that he is not registered for VAT and therefore Transfer Duty is payable by the purchaser to the South African Revenue Services.* *mark in block and initial 1.2 The purchase price is payable as follows: 1.
