ALIENATION OF LAND ACT. It is recorded that the provisions of the Alienation of Land Act are not applicable where the purchase price of the property exceeds R250,000.00 or where the PURCHASER is a Trust, Company or Close Corporation.
ALIENATION OF LAND ACT. 19.1 In terms of Section 29(A) of the Alienation of Land Act 68 of 1981 (as amended) (in this clause 19 hereinafter referred to as the ACT), a purchaser or prospective purchaser of land may, within five (5) days of signature by him or her, or by his or her agent acting on his or her written authority, of an offer to purchase land or a Deed of Alienation in respect of land, revoke the offer or terminate the Deed of Alienation, as the case may be, by written notice delivered to the SELLER or his or her agent within that period.
ALIENATION OF LAND ACT. 9.1. Section 29A of the Alienation of Land Act shall apply in the event that; (a) the property price does not exceed R250 000,00; (b) the Purchaser is a natural person; and (c) the Purchaser has no right to nominate a third party as purchaser.
ALIENATION OF LAND ACT. 35.1. In terms of Section 29A of the Alienation of Land Act No. 68 of 1981, as amended, the Purchaser of the Property may, within a period of 5 (FIVE) days of the signature by him (or his agent acting on his written authority) of this Agreement and provided that the purchase price is the sum of R250 000,00 (TWO HUNDRED AND FIFTY THOUSAND RAND) or less, revoke or terminate this Agreement, as the case may be, by written notice delivered by the Purchaser to the Seller or its agent within the aforementioned period.
ALIENATION OF LAND ACT. 8.1 The Alienation of Land Act (No. 68 of 1981) ("ACT") applies to this agreement, and the parties confirm that they have availed themselves with the provisions thereof (& that a copy thereof has been supplied), and consider themselves bound thereby.
ALIENATION OF LAND ACT. In the event of the unit not being registrable, any amount(s) paid to the Seller's attorneys on account of the purchase price shall be held in trust. The Seller's attorney is, however, hereby instructed to invest such amount(s) on behalf of the Seller, interest accruing for the benefit of the Purchaser.
ALIENATION OF LAND ACT. If the purchase price regarding this agreement is R250 000 (Two Hundred and Fifty Thousand Rand) or less, the Purchaser has the right to terminate the contract in accordance with the terms and conditions contained in Act no 68 of 1981, by giving the Seller or the agent written notice within five (5) working days from signing of this offer.
