Common use of PURCHASER’S ACKNOWLEDGMENTS Clause in Contracts

PURCHASER’S ACKNOWLEDGMENTS. 14.1 The PURCHASER acknowledges that he is aware of the intended future development of the RESORT by the DEVELOPER, which development will consist of upmarket residential dwellings, golf course(s), hotels, commercial properties, private and publicly accessible recreational areas, water body and sports club. It is intended for the development to be aesthetically pleasing and to have a harmonious style which blends with the environment. The PURCHASER hereby undertakes that he will, at all times, co-operate with the DEVELOPER in an endeavour to facilitate the success of the said development. Also in this respect, the PURCHASER undertakes that he shall not unreasonably interfere with any such proposed development nor lodge an objection with any competent authority in respect of any such development. In particular, but without derogating from the generality of the foregoing, the PURCHASER agrees that he will not object to any application made by or on behalf of the DEVELOPER, its nominee or agent for special usage consent, licences for shopping, commercial, filling station rights, rezoning, removal of conditions of title under the Removal of Restrictive Conditions Act or by way of an application to Court or to any local or other competent authority in respect of any property within the RESORT. Again in no way detracting from the generality of the aforesaid, the PURCHASER specifically acknowledges that owners of land surrounding the PROPERTY will be erecting buildings and other structures on surrounding land which may block or otherwise interfere with the views from the PROPERTY. The PURCHASER agrees he shall have no right to object to the construction of any building or other structure on any land within the RESORT on the basis that such building or other structure blocks or otherwise interferes with the views from the PROPERTY, nor will he have any claim for any alleged diminution in value of the PROPERTY arising out of any interference with the views from the PROPERTY by reason of the construction of any such building or structure. 14.2 The PURCHASER acknowledgesthat: 14.2.1 for reasons of security on the RESORT and due to the nature of the proposed development of the RESORT and thevarious matters about which any proposed purchaser should become aware when buying into the RESORT, if the PURCHASER wishes to dispose of the PROPERTY or any share therein or any subdivision thereof, or any UNIT in any SCHEME developed on the PROPERTY, he shall, to the extent that he requires theservices of an estate agent in regard tosuch disposal, do soin accordance with this clause; 14.2.2 this clause is inserted for the benefit of the DEVELOPER, who shall be entitled to enforceits terms by law; 14.2.3 any owner who acquires the PROPERTY, and who thereafter wishes to dispose of the PROPERTY, shall – 14.2.3.1 to extent that he requires the services of an estate agent, do so exclusively through an estate agent accredited by the DEVELOPER or the ZLR; and 14.2.3.2 whether or not he utilises the services of an estate agent, include a clause in any document pursuant by which he disposes of the PROPERTY on the same terms precisely as this clause so that any future owner shall, to the extent that such owner requires the service of an estate agent in regard to the disposal of the PROPERTY, or a UNIT in any SCHEME to be developed on the PROPERTY, be required to appoint only an estate agent accredited by the DEVELOPER or ZLR. 14.3 The PURCHASER further acknowledges that in the event of the PURCHASER being an artificial person, such as a close corporation, company or trust, and in the event of the member, director, shareholder, trustee or beneficiary of the PURCHASER (as the case may be) wishing to dispose of the member’s interest, shares or beneficial interest in the PURCHASER (as the case may be), the PURCHASER shall procure that such party shall, to the extent that such party requires the services of an estate agent in regard to such disposal, complywith the provisions of paragraph 14.2 of the CONDITIONS OF SALE which shall apply, mutatismutandis. 14.4 When selling the PROPERTY, the PURCHASER shall utilise such documentation (including the standard Sale Agreement), prescribed by the DEVELOPER. 14.5 The PURCHASER shall not be entitled to sell or otherwise transfer ownership of the PROPERTY, or a UNIT in a SCHEME developed thereon, unless it is a suspensive condition of such sale or other transfer that – 14.5.1 the transferee, in a manner acceptable to the ASSOCIATION, agrees to become a member and is admitted as a member of the ASSOCIATION; 14.5.2 the transferee and, in the event of the transferee being an artificial person, its nominee(s), being accepted as a Silver Member of the Zimbali Lakes Sports Club. 14.6 Notwithstanding the provisions of clause 11, in the event of a breach of this clause 14, the DEVELOPER shall be entitled in its absolute discretion to refuse its written approval as required to the sale and transfer of the PROPERTY or a UNIT in a SCHEME developed thereon until the provisions of this clause 14 are complied with and no party to this AGREEMENT OF SALE shall have any claim for damages arising out of the DEVELOPER’S refusal to give suchwritten approval. 14.7 In order to protect the DEVELOPER’S, the ZLR’S and the ASSOCIATION’Srights in this regard, the PROPERTY shall be owned by the PURCHASER, subject to a condition in the Title Deeds to the PROPERTY or a UNIT in a SCHEME developed thereon to the effect that the PROPERTY or a UNIT in a SCHEME developed thereon, or any portion thereof or interest therein shall not be alienated or otherwise transferred without the prior written consent of the ZLR, the ASSOCIATION or the DEVELOPER first being had and obtained, which consent the ZLR, the ASSOCIATION and the DEVELOPER shall grant as provided for in clause 6 of the AGREEMENT. 14.8 In order to maintain high standards and with a view to ensuring attractive and harmonious development within the RESORT, all owners of immovable property within the RESORT shall be required to adhere to the architectural, landscaping and sustainability controls contained in the RESORT GUIDES and applicable to their particular property as formulated by ZLR and/or the ASSOCIATION. Any dwelling or other structure to be erected on the PROPERTY, or any alteration or extension to any existing dwelling or other structure on the PROPERTY once developed, shall be done strictly in accordancewith the building plans that have been submitted to and approved in writing by the ZLR and the local or any other competent authority and no work whatsoever shall commence until such time as the relevant approval has been obtained. 14.9 The PURCHASER agrees to accept any changes to the provisions of this clause 14 of the CONDITIONS OF SALE, in respect of the accreditation of estate agents and payment of agents commission, as may in future be agreed to between the DEVELOPER and the ASSOCIATION (which amendments shall be considered binding on the PURCHASER). 14.10 The PURCHASER acknowledges that it understands the Englishlanguage and considers itself fluent therein. 14.11 The PURCHASER acknowledges that it has had an opportunity to carefully read and consider the provisions of this AGREEMENT and that it has been free to secure independent legal advice in respect of the provisions of same. In addition, the PURCHASER acknowledges that the SELLER undertook that the SELLER or the CONVEYANCERS would explain any provisions of the AGREEMENT which the PURCHASER may not have understood fully and, to the extent that the PURCHASER made the SELLERaware of any provisions of this AGREEMENT it did not understand, such provisions were fully explained to the PURCHASER.

PURCHASER’S ACKNOWLEDGMENTS. 14.1 13.1 The PURCHASER acknowledges that he is aware of the intended future development of the RESORT by the DEVELOPER, which development will consist of upmarket residential dwellings, golf course(s), hotels, commercial properties, private and publicly accessible recreational areas, water body and sports club. It is intended for the development to be aesthetically pleasing and to have a harmonious style which blends with the environment. The PURCHASER hereby undertakes that he will, at all times, co-operate with the DEVELOPER in an endeavour to facilitate the success of the said development. Also in this respect, the PURCHASER undertakes that he shall not unreasonably interfere with any such proposed development nor lodge an objection with any competent authority in respect of any such development. In particular, but without derogating from the generality of the foregoing, the PURCHASER agrees that he will not object to any application made by or on behalf of the DEVELOPER, its nominee or agent for special usage consent, licences for shopping, commercial, filling station rights, rezoning, removal of conditions of title under the Removal of Restrictive Conditions Act or by way of an application to Court or to any local or other competent authority in respect of any property within the RESORT. Again in no way detracting from the generality of the aforesaid, the PURCHASER specifically acknowledges that owners of land surrounding the PROPERTY will be erecting buildings and other structures on surrounding land which may block or otherwise interfere with the views from the PROPERTY. The PURCHASER agrees he shall have no right to object to the construction of any building or other structure on any land within the RESORT on the basis that such building or other structure blocks or otherwise interferes with the views from the PROPERTY, nor will he have any claim for any alleged diminution in value of the PROPERTY arising out of any interference with the views from the PROPERTY by reason of the construction of any such building or structure. 14.2 13.2 The PURCHASER acknowledgesthatacknowledges that: 14.2.1 13.2.1 for reasons of security on the RESORT and due to the nature of the proposed development of the RESORT and thevarious the various matters about which any proposed purchaser should become aware when buying into the RESORT, if the PURCHASER wishes to dispose of the PROPERTY or any share therein or any subdivision thereof, or any UNIT in any SCHEME developed on the PROPERTY, he shall, to the extent that he requires theservices the services of an estate agent in regard tosuch to such disposal, do soin so in accordance with this clause; 14.2.2 13.2.2 this clause is inserted for the benefit of the DEVELOPER, who shall be entitled to enforceits enforce its terms by law; 14.2.3 13.2.3 any owner who acquires the PROPERTY, and who thereafter wishes to dispose of the PROPERTY, shall – 14.2.3.1 13.2.3.1 to extent that he requires the services of an estate agent, do so exclusively through an estate agent accredited by the DEVELOPER or the ZLRDEVELOPER; and 14.2.3.2 13.2.3.2 whether or not he utilises the services of an estate agent, include a clause in any document pursuant by which he disposes of the PROPERTY on the same terms precisely as this clause so that any future owner shall, to the extent that such owner requires the service of an estate agent in regard to the disposal of the PROPERTY, or a UNIT in any SCHEME to be developed on the PROPERTY, be required to appoint only an estate agent accredited by the DEVELOPER or ZLRDEVELOPER. 14.3 13.3 The PURCHASER further acknowledges that in the event of the PURCHASER being an artificial person, such as a close corporation, company or trust, and in the event of the member, director, shareholder, trustee or beneficiary of the PURCHASER (as the case may be) wishing to dispose of the member’s interest, shares or beneficial interest in the PURCHASER (as the case may be), the PURCHASER shall procure that such party shall, to the extent that such party requires the services of an estate agent in regard to such disposal, complywith comply with the provisions of paragraph 14.2 13.2 of the CONDITIONS OF SALE which shall apply, mutatismutandismutatis mutandis. 14.4 13.4 When selling the PROPERTY, the PURCHASER shall utilise such documentation (including the standard Sale Agreement), prescribed by the DEVELOPER. 14.5 13.5 The PURCHASER shall not be entitled to sell or otherwise transfer ownership of the PROPERTY, or a UNIT in a SCHEME developed thereon, unless it is a suspensive condition of such sale or other transfer that – 14.5.1 13.5.1 the transferee, in a manner acceptable to the ASSOCIATION, agrees to become a member and is admitted as a member of the ASSOCIATION; 14.5.2 13.5.2 the transferee and, in the event of the transferee being an artificial person, its nominee(s), being accepted as a Silver Member of the Zimbali Lakes Sports Club. 14.6 13.6 Notwithstanding the provisions of clause 1110, in the event of a breach of this clause 1413, the DEVELOPER shall be entitled in its absolute discretion to refuse its written approval as required to the sale and transfer of the PROPERTY or a UNIT in a SCHEME developed thereon until the provisions of this clause 14 13 are complied with and no party to this AGREEMENT OF SALE shall have any claim for damages arising out of the DEVELOPER’S refusal to give suchwritten such written approval. 14.7 13.7 In order to protect the DEVELOPER’S, the ZLR’S and the ASSOCIATION’Srights ASSOCIATION’S rights in this regard, the PROPERTY shall be owned by the PURCHASER, subject to a condition in the Title Deeds to the PROPERTY or a UNIT in a SCHEME developed thereon to the effect that the PROPERTY or a UNIT in a SCHEME developed thereonPROPERTY, or any portion thereof or interest therein shall not be alienated or otherwise transferred without the prior written consent of the ZLR, the ASSOCIATION or the DEVELOPER first being had and obtained, which consent the ZLR, the ASSOCIATION and the DEVELOPER shall grant as provided for in clause 6 5 of the AGREEMENTtheAGREEMENT. 14.8 13.8 In order to maintain high standards and with a view to ensuring attractive and harmonious development within the RESORT, all owners of immovable property within the RESORT shall be required to adhere to the architectural, landscaping and sustainability controls contained in the RESORT GUIDES and applicable to their particular property as formulated by ZLR and/or the ASSOCIATION. Any dwelling or other structure to be erected on the PROPERTY, or any alteration or extension to any existing dwelling or other structure on the PROPERTY once developed, shall be done strictly in accordancewith accordance with the building plans that have been submitted to and approved in writing by the ZLR and the local or any other competent authority and no work whatsoever shall commence until such time as the relevant approval has been obtained. 14.9 13.9 The PURCHASER agrees to accept any changes to the provisions of this clause 14 paragraph 13 of the CONDITIONS OF SALE, in respect of the accreditation of estate agents and payment of agents commission, as may in future be agreed to between the DEVELOPER and the ASSOCIATION (which amendments shall be considered binding on the PURCHASER). 14.10 13.10 The PURCHASER acknowledges that it understands the Englishlanguage English language and considers itself fluent therein. 14.11 13.11 The PURCHASER acknowledges that it has had an opportunity to carefully read and consider the provisions of this AGREEMENT and that it has been free to secure independent legal advice in respect of the provisions of same. In addition, the PURCHASER acknowledges that the SELLER undertook that the SELLER or the CONVEYANCERS would explain any provisions of the AGREEMENT which the PURCHASER may not have understood fully and, to the extent that the PURCHASER made the SELLERaware SELLER aware of any provisions of this AGREEMENT it did not understand, such provisions were fully explained to the PURCHASER.

PURCHASER’S ACKNOWLEDGMENTS. 14.1 12.1 The PURCHASER acknowledges that he is aware of the intended future development of the RESORT SIBAYA PRECINCT by the DEVELOPERSELLER, which development will consist of upmarket the establishment of resorts, high quality business and commercial premises and residential dwellings, golf course(s), hotels, commercial properties, private and publicly accessible recreational areas, water body and sports clubdwellings on various portions of the SIBAYA PRECINCT. It is intended for the development to be aesthetically pleasing and to have a harmonious style style, which blends with the environmentenvironments. The PURCHASER hereby undertakes that he will, at all times, co-operate with the DEVELOPER SELLER in an endeavour endeavor to facilitate the success of the said developmentdevelopments. Also in this respect, the PURCHASER undertakes that he shall not unreasonably interfere with any such proposed development nor lodge an objection with any competent authority in respect of any such development. In particular, but without derogating from the generality of the foregoing, the PURCHASER agrees that he will not object to any application made by or on behalf of the DEVELOPERSELLER, its nominee or agent for special usage consent, licences licenses for shopping, commercial, filling station rights, rezoning, removal of conditions of title under the Removal of Restrictive Conditions Act or by way of an application to Court or to any local or other competent authority in respect of any property within the RESORTSIBAYA PRECINCT. Again in no way detracting from the generality of the aforesaid, the PURCHASER specifically acknowledges that owners of land surrounding the PROPERTY UNIT will be erecting buildings and other structures on surrounding land land, which may block or otherwise interfere with the views from the PROPERTYUNIT. The PURCHASER agrees he shall have no right to object to the construction of any building or other structure on any land within the RESORT SIBAYA PRECINCT on the basis that such building or other structure blocks or otherwise interferes with the views from the PROPERTYUNIT, nor will he have any claim for any alleged diminution in value of the PROPERTY UNIT arising out of any interference with the views from the PROPERTY UNIT by reason of the construction of any such building or structure. 14.2 12.2 The PURCHASER acknowledgesthat: 14.2.1 for reasons of security acknowledges that no buildings or other structure may be erected on the RESORT UNIT and due further, no alteration or extension may be made to any existing building or other structure, save in accordance with building plans that have been approved by the nature ASSOCIATION, acting through the DESIGN REVIEW COMMITTEE, and the LOCAL AUTHORITY. Furthermore the PURCHASER agrees that he will have no claim whatsoever, arising out of whatever cause, against the ASSOCIATION, any members of the proposed development DESIGN REVIEW COMMITTEE or the SELLER for any loss suffered by reason the DESIGN REVIEW COMMITTEE refusing to approve or delay the approval of any plans submitted by the PURCHASER save where the PURCHASER can prove mala fides on the part of the RESORT and thevarious matters about which any proposed purchaser should become aware when buying into the RESORT, if the PURCHASER wishes to dispose of the PROPERTY or any share therein or any subdivision thereof, or any UNIT in any SCHEME developed on the PROPERTY, he shall, to the extent that he requires theservices of an estate agent in regard tosuch disposal, do soin accordance with this clause; 14.2.2 this clause is inserted for the benefit of the DEVELOPER, who shall be entitled to enforceits terms by law; 14.2.3 any owner who acquires the PROPERTY, and who thereafter wishes to dispose of the PROPERTY, shall – 14.2.3.1 to extent that he requires the services of an estate agent, do so exclusively through an estate agent accredited by the DEVELOPER or the ZLR; and 14.2.3.2 whether or not he utilises the services of an estate agent, include a clause in any document pursuant by which he disposes of the PROPERTY on the same terms precisely as this clause so that any future owner shall, to the extent that such owner requires the service of an estate agent in regard to the disposal of the PROPERTY, or a UNIT in any SCHEME to be developed on the PROPERTY, be required to appoint only an estate agent accredited by the DEVELOPER or ZLRDESIGN REVIEW COMMITTEE. 14.3 The PURCHASER further acknowledges that in the event of the PURCHASER being an artificial person, such as a close corporation, company or trust, and in the event of the member, director, shareholder, trustee or beneficiary of the PURCHASER (as the case may be) wishing to dispose of the member’s interest, shares or beneficial interest in the PURCHASER (as the case may be), the PURCHASER shall procure that such party shall, to the extent that such party requires the services of an estate agent in regard to such disposal, complywith the provisions of paragraph 14.2 of the CONDITIONS OF SALE which shall apply, mutatismutandis. 14.4 When selling the PROPERTY, the PURCHASER shall utilise such documentation (including the standard Sale Agreement), prescribed by the DEVELOPER. 14.5 12.3 The PURCHASER shall not be entitled to sell or otherwise transfer ownership of the PROPERTY, or a UNIT in a SCHEME developed thereon, unless it is a suspensive condition of such sale or other transfer that – 14.5.1 the transferee, in a manner acceptable to the ASSOCIATION, agrees to become a member and is admitted as a member signs Annexure “R” hereto. In no way detracting from the generality of the ASSOCIATION; 14.5.2 aforesaid, it is specifically recorded that the transferee andASSOCIATION shall not give its consent in this regard if, inter alia, any levies, or any other amounts payable to the ASSOCIATION by the PURCHASER are outstanding or in the event of the transferee being an artificial person, its nominee(s), being accepted as a Silver Member final approval certificate not have been issued by the LOCAL AUTHORITY or the DESIGN REVIEW COMMITTEE not having given the DEVELOPMENT APPROVAL in respect of the Zimbali Lakes Sports Clubdevelopment on the PROPERTY. 14.6 12.4 Notwithstanding the provisions of clause 11Clause 14, in the event of a breach of this clause 14Clause 12, the DEVELOPER ASSOCIATION shall be entitled in its their absolute discretion to refuse its their written approval as required to the sale and transfer of the PROPERTY or a UNIT in a SCHEME developed thereon until the provisions of this clause 14 12 are complied with and no party to this AGREEMENT CONTRACT OF SALE shall have any claim for damages arising out of the DEVELOPER’S ASSOCIATION refusal to give suchwritten such written approval. 14.7 12.5 In order to protect the DEVELOPER’S, the ZLRASSOCIATION’S and the ASSOCIATION’Srights rights in this regard, the PROPERTY UNIT shall be owned by transferred to the PURCHASER, PURCHASER subject to a condition in the Title Deeds Deed to the PROPERTY or a UNIT in a SCHEME developed thereon to the effect that the PROPERTY or a UNIT in a SCHEME developed thereonUNIT, or any portion thereof or interest therein shall not be alienated or otherwise transferred without the prior written consent of the ZLR, the ASSOCIATION or the DEVELOPER first being had and having been obtained, which consent the ZLR, the ASSOCIATION and the DEVELOPER shall grant as provided for the PURCHASER has complied with all its obligations in clause 6 terms of this CONTRACT, and in particularly, and in no way detracting from the generality of the AGREEMENT. 14.8 In order to maintain high standards and aforesaid, has complied with a view to ensuring attractive and harmonious development within the RESORT, all owners of immovable property within the RESORT shall be required to adhere to the architectural, landscaping and sustainability controls contained its obligations in the RESORT GUIDES and applicable to their particular property as formulated by ZLR and/or the ASSOCIATION. Any dwelling or other structure to be erected on the PROPERTY, or any alteration or extension to any existing dwelling or other structure on the PROPERTY once developed, shall be done strictly in accordancewith the building plans that have been submitted to and approved in writing by the ZLR and the local or any other competent authority and no work whatsoever shall commence until such time as the relevant approval has been obtained. 14.9 The PURCHASER agrees to accept any changes to the provisions terms of this clause 14 of the CONDITIONS OF SALE, in respect of the accreditation of estate agents and payment of agents commission, as may in future be agreed to between the DEVELOPER and the ASSOCIATION (which amendments shall be considered binding on the PURCHASER).Clause 12. SAMPLE 14.10 12.6 The PURCHASER acknowledges that the name “Sibaya” along with the associated logos and the like, constitute the sole intellectual property of Afrisun KZN (Pty) Ltd and specifically agrees not to, in any way, make use of the aforesaid intellectual property, without the express written consent of both Afrisun KZN (Pty) Ltd and the SELLER. 12.7 The PURCHASER acknowledges he/it understands the Englishlanguage understands, and considers himself/itself fluent therein.in, the English Language 14.11 12.8 The PURCHASER acknowledges that it he has had an opportunity to carefully read and consider the provisions of this AGREEMENT CONTRACT OF SALE and that it he has been free to secure obtain independent legal advice in respect of the provisions of sameregard to these provisions. In addition, the The PURCHASER acknowledges that the SELLER undertook that the SELLER or the CONVEYANCERS would explain any provisions provision of the AGREEMENT CONTRACT OF SALE which the PURCHASER may not have fully understood fully and, to the extent that the PURCHASER made the SELLERaware SELLER aware of any provisions provision of this AGREEMENT CONTRACT OF SALE it did not understand, such provisions were fully explained to the PURCHASER.

PURCHASER’S ACKNOWLEDGMENTS. 14.1 7.1 The PURCHASER Purchaser will be bound in relation to the occupancy of the property, and in relation to the use of recreational facilities and the common property, by the Management and Conduct Rules applicable to the Sectional Title Scheme. The Purchaser acknowledges that he is aware has perused the said Rules and has fully acquainted himself with the contents thereof. Any breach by the Purchaser of the intended future development Rules prior to registration of transfer, shall constitute a breach of this entire agreement in which event the Seller may avail himself of the RESORT by provisions of Clause 11 hereof. 7.2 Pending transfer the DEVELOPERPurchaser shall not be entitled to let or otherwise part with occupation of the Section, which development will consist except upon the express prior written permission of upmarket residential dwellings, golf course(s), hotels, commercial properties, private the Seller and publicly accessible recreational areas, water body and sports club. It is intended for on condition that any such letting and/or parting with occupation shall in no way release the development Purchaser from any of the Purchaser’s obligations to the Seller hereunder or in terms of the Rules that may be aesthetically pleasing and enforceable from time to have a harmonious style which blends with the environment. time. 7.3 The PURCHASER hereby undertakes Purchaser acknowledges that he willand every person claiming occupation and use through him may suffer inconvenience from building operations and from noise and dust resulting therefrom and the Purchaser shall have no claim whatsoever against the Seller or the Body Corporate, at all times, co-operate with the DEVELOPER in an endeavour to facilitate the success of the said development. Also in this respect, the PURCHASER undertakes that he shall not unreasonably interfere with any such proposed development nor lodge an objection with any competent authority in respect by reason of any such development. inconvenience. 7.4 In particular, but without derogating from the generality of the foregoing, the PURCHASER agrees that he will not object to any application made by or on behalf of the DEVELOPER, its nominee or agent for special usage consent, licences for shopping, commercial, filling station rights, rezoning, removal of conditions of title under the Removal of Restrictive Conditions Act or by way of an application to Court or to any local or other competent authority in respect of any property within the RESORT. Again in no way detracting from the generality of any other provision of this Contract it is recorded that the aforesaid, design and layout of the PURCHASER specifically acknowledges Estate may vary as the Estate is developed and the Developer shall in no way be bound to its current plans for the design and layout of the Estate. 7.5 The Developer shall endeavour to procure the installation of the necessary infrastructure required in order to provide permanent connectivity to the Property for internet browsing and email access as well as a DSTV signal which installation may not be completed until erection of all buildings in the estate. It is further recorded that owners of land surrounding the PROPERTY will be erecting buildings and other structures on surrounding land which may block or otherwise interfere Association shall then enter into an agreement with the views from the PROPERTY. The PURCHASER agrees he shall have no right to object to the construction of any building or other structure on any land within the RESORT on the basis that such building or other structure blocks or otherwise interferes with the views from the PROPERTY, nor will he have any claim for any alleged diminution in value of the PROPERTY arising out of any interference with the views from the PROPERTY by reason of the construction of any such building or structure. 14.2 The PURCHASER acknowledgesthat: 14.2.1 for reasons of security on the RESORT and due to the nature of the proposed development of the RESORT and thevarious matters about which any proposed purchaser should become aware when buying into the RESORT, if the PURCHASER wishes to dispose of the PROPERTY or any share therein or any subdivision thereof, or any UNIT in any SCHEME developed on the PROPERTY, he shall, to the extent that he requires theservices of an estate agent in regard tosuch disposal, do soin accordance with this clause; 14.2.2 this clause is inserted for the benefit of the DEVELOPER, party who shall be entitled to enforceits terms by law; 14.2.3 any owner who acquires install and operate the PROPERTY, and who thereafter wishes to dispose of the PROPERTY, shall – 14.2.3.1 to extent that he requires the services of an estate agent, do so exclusively through an estate agent accredited by the DEVELOPER or the ZLR; and 14.2.3.2 whether or not he utilises the services of an estate agent, include a clause in any document pursuant by which he disposes of the PROPERTY on the same terms precisely as this clause so that any future owner shall, to the extent that such owner requires the service of an estate agent in regard to the disposal of the PROPERTY, or a UNIT in any SCHEME to be developed on the PROPERTY, be required to appoint only an estate agent accredited by the DEVELOPER or ZLR. 14.3 The PURCHASER further acknowledges that in the event of the PURCHASER being an artificial person, such as a close corporation, company or trust, and in the event of the member, director, shareholder, trustee or beneficiary of the PURCHASER (as the case may be) wishing to dispose of the member’s interest, shares or beneficial interest in the PURCHASER (as the case may be), the PURCHASER shall procure that such party shall, to the extent that such party requires the services of an estate agent in regard to such disposal, complywith the provisions of paragraph 14.2 of the CONDITIONS OF SALE which shall apply, mutatismutandis. 14.4 When selling the PROPERTY, the PURCHASER shall utilise such documentation (including the standard Sale Agreement), prescribed by the DEVELOPER. 14.5 The PURCHASER shall not be entitled to sell or otherwise transfer ownership of the PROPERTY, or a UNIT in a SCHEME developed thereon, unless it is a suspensive condition of such sale or other transfer that – 14.5.1 the transferee, in a manner acceptable to the ASSOCIATION, agrees to become a member and is admitted as a member of the ASSOCIATION; 14.5.2 the transferee and, in the event of the transferee being an artificial person, its nominee(s), being accepted as a Silver Member of the Zimbali Lakes Sports Club. 14.6 Notwithstanding the provisions of clause 11, in the event of a breach of this clause 14, the DEVELOPER shall be entitled in its absolute discretion to refuse its written approval as required to the sale and transfer of the PROPERTY or a UNIT in a SCHEME developed thereon until the provisions of this clause 14 are complied with and no party to this AGREEMENT OF SALE shall have any claim for damages arising out of the DEVELOPER’S refusal to give suchwritten approval. 14.7 In order to protect the DEVELOPER’S, the ZLR’S and the ASSOCIATION’Srights in this regard, the PROPERTY shall be owned by the PURCHASER, subject to a condition in the Title Deeds to the PROPERTY or a UNIT in a SCHEME developed thereon to the effect that the PROPERTY or a UNIT in a SCHEME developed thereon, or any portion thereof or interest therein shall not be alienated or otherwise transferred without the prior written consent of the ZLR, the ASSOCIATION or the DEVELOPER first being had and obtained, which consent the ZLR, the ASSOCIATION and the DEVELOPER shall grant as provided for in clause 6 of the AGREEMENT. 14.8 In order to maintain high standards and with a view to ensuring attractive and harmonious development within the RESORT, all owners of immovable property within the RESORT shall be required to adhere to the architectural, landscaping and sustainability controls contained in the RESORT GUIDES and applicable to their particular property as formulated by ZLR and/or the ASSOCIATION. Any dwelling or other structure to be erected on the PROPERTY, or any alteration or extension to any existing dwelling or other structure on the PROPERTY once developed, shall be done strictly in accordancewith the building plans that have been submitted to and approved in writing by the ZLR and the local or any other competent authority and no work whatsoever shall commence until such time as the relevant approval has been obtained. 14.9 The PURCHASER agrees to accept any changes to the provisions of this clause 14 of the CONDITIONS OF SALE, aforesaid infrastructure in respect of the accreditation rental of estate agents and payment of agents commission, as may in future be agreed to between the DEVELOPER and the ASSOCIATION (which amendments such infrastructure. Such infrastructure rental shall be considered binding on the PURCHASER). 14.10 The PURCHASER acknowledges that it understands the Englishlanguage and considers itself fluent therein. 14.11 The PURCHASER acknowledges that it has had an opportunity to carefully read and consider the provisions of this AGREEMENT and that it has been free to secure independent legal advice in respect compulsory for all members of the provisions Association and shall be collected by the Association as part of same. In addition, the PURCHASER acknowledges that the SELLER undertook that the SELLER or the CONVEYANCERS would explain any provisions of the AGREEMENT which the PURCHASER may not have understood fully and, its monthly levy payable to the extent that the PURCHASER made the SELLERaware of any provisions of this AGREEMENT it did not understand, such provisions were fully explained to the PURCHASERit.

PURCHASER’S ACKNOWLEDGMENTS. 14.1 17.1 The PURCHASER Purchaser acknowledges that he is aware of the intended future development on the Estate by the Seller. Such development is intended to involve the establishment of high quality residential units on various portions of the RESORT by the DEVELOPER, which development will consist of upmarket residential dwellings, golf course(s), hotels, commercial properties, private Estate so designed as to facilitate an aesthetic and publicly accessible recreational areas, water body and sports club. It is intended for the development to be aesthetically pleasing and to have a harmonious style which blends blending with the environment. The PURCHASER Purchaser hereby undertakes that he will, at all times, co-operate with the DEVELOPER Seller in an endeavour to facilitate the success of the said developmentdevelopments within the Estate. Also in this respect, the PURCHASER Purchaser undertakes that he shall not unreasonably interfere with any such proposed development nor lodge an objection with any competent authority in respect of any such development. In particular, but without derogating from the generality of the foregoing, the PURCHASER The Purchaser agrees that he will not object to any application made by or on behalf of the DEVELOPERSeller, its nominee or agent for special usage consent, licences for shopping, commercial, filling station rights, rezoning, removal for: 17.1.1 any rezoning or change of conditions of title under the Removal of Restrictive Conditions Act use or by way of an application to Court or to any local or other competent authority additional use in respect of any property within the RESORT. Again Estate, whether in no way detracting from accordance with the generality Layout Plan or otherwise; 17.1.2 special consent usages; 17.1.3 the amendment or partial amendment of any general plan in respect of the aforesaidproperty within the Estate, whether in accordance with the PURCHASER Layout Plan or otherwise; 17.1.4 removal of restrictive conditions of title; 17.1.5 subdivisional/consolidation applications, whether in accordance with the Layout Plan or otherwise; 17.1.6 the closing of roads within the Estate; and 17.1.7 the incorporation of any additional land which the Seller may determine be incorporated within the development. 17.2 The Purchaser hereby authorises the Seller to motivate and obtain approval of any amendments at any time (before or after Date of Transfer) to the EMP as the Seller in its sole discretion requires and insofar as is necessary the Purchaser hereby irrevocably appoints the Seller as his attorney and agent in rem suam to sign any documents as may be necessary to obtain such amendments. 17.3 The Purchaser specifically acknowledges that owners of land surrounding the PROPERTY Property will be erecting buildings and other structures on the surrounding land which may block or otherwise interfere with the views from the PROPERTYProperty. The PURCHASER Purchaser agrees he shall have no right to object to the construction of any building or other structure on any the land within the RESORT on the basis that such building or other structure blocks or otherwise interferes with the views from the PROPERTYProperty, nor will he have any claim for any alleged diminution diminishment in the value of the PROPERTY Property arising out of any interference with the views from the PROPERTY Property by reason of the construction of any such building or other structure. 14.2 17.4 The PURCHASER acknowledgesthatPurchaser acknowledges that no building or other structure may be erected on the Property and further, no alteration or extension may be made to any existing building or other structure, save in accordance with building plans that have been approved by the Association and the Local Authority. Furthermore, the Purchaser agrees that he will have no claim whatsoever arising, out of whatever cause against the Association, any members of the Design Review Committee and the Seller refusing to approve or delaying the approval of any plans submitted by the Purchaser save where the Purchaser can prove mala fides on the part of the Design Review Committee. 17.5 The Purchaser shall not be entitled to make application to rezone the Property or to change its use from that currently specified in the Town Planning Scheme without the consent of the Seller. 17.6 The Purchaser acknowledges that: 14.2.1 17.6.1 for reasons of security on the RESORT Estate and due to the nature of the proposed development of the RESORT Estate and thevarious the various matters about which any proposed purchaser should become aware when buying into the RESORTEstate, if the PURCHASER Purchaser wishes to dispose of the PROPERTY Property, or any share therein or any subdivision thereof, or any UNIT in sectional title unit erected thereon or any SCHEME developed on the PROPERTYreal right thereon, he shall, to the extent that he requires theservices the services of an estate agent in regard tosuch to such disposal, do soin so in accordance with this clause; 14.2.2 17.6.2 this clause is inserted for the benefit of the DEVELOPERSeller, who shall be entitled to enforceits enforce its terms by law; 14.2.3 17.6.3 any owner who acquires the PROPERTY, Property and who thereafter wishes to dispose of the PROPERTYProperty, shall – 14.2.3.1 a) to extent that he requires the services of an estate agent, do so exclusively through an estate agent accredited by the DEVELOPER or the ZLR; andSeller; 14.2.3.2 b) whether or not he utilises the services of an estate agent, include a clause in any document pursuant by which he disposes of the PROPERTY Property on the same terms precisely as this clause so that any future owner shall, the Seller shall always have the right to accredit the extent that such owner requires the service of an estate agent in regard to when the disposal of the PROPERTY, Property is sold or a UNIT in any SCHEME to be developed on the PROPERTY, be required to appoint only an estate agent accredited by the DEVELOPER or ZLRotherwise disposed of. 14.3 17.7 The PURCHASER Purchaser further acknowledges that in the event of the PURCHASER Purchaser being an artificial person, such as a close corporation, company or trust, and in the event of the member, director, shareholder, trustee or beneficiary of the PURCHASER Purchaser (as the case may be) wishing to dispose of the member’s interest, shares or beneficial interest in the PURCHASER Purchaser (as the case may be), the PURCHASER ) he shall procure that such party shall, to the extent that such party he requires the services of an estate agent in regard to such disposal, complywith comply with the provisions of paragraph 14.2 17.5 of the CONDITIONS OF SALE which shall apply, mutatismutandisConditions of Sale mutatis mutandis. 14.4 When selling 17.8 The Purchaser acknowledges that in the PROPERTYevent of the Purchaser disposing of the Property, or in the event of the Purchaser being an artificial person, such as a close corporation, company or trust and the member’s interest, shares or beneficial interest (as the case may be), being disposed, of privately, (i.e. without the assistance of an estate agent), then in that event, the PURCHASER Purchaser acknowledges that he shall be responsible for payment of a fee charged by the Association as a contribution towards, inter alia, the marketing of the Estate. The aforesaid fee charged by the Association shall be in the sole discretion of the Association,, but shall not exceed 1% (one percent) of the purchase price (plus Value Added Tax thereon) of the Property, member’s interest, shares or beneficial interest (as the case may be) or in the event of the Property, member’s interest, shares or beneficial interest (as the case may be) not being sold, shall not exceed 1% (one percent) of the market value of the Property, member’s interest, shares or beneficial interest (as the case may be) at the date of transfer or cession of same (plus Value Added Tax thereon). 17.9 When selling, or letting the Property, the Purchaser shall utilise such documentation (including the standard Sale Agreement), prescribed by the DEVELOPERAssociation. 14.5 17.10 It is recorded that the estate agent shall be required to pay a portion of its commission, to the the Association as a contribution towards, inter alia, the marketing of the Estate. The PURCHASER contribution will be an amount determined by the Association from time to time currently 15% (fifteen percent) (plus Value Added Tax thereon) of the commission payable to such estate agent. 17.11 The Purchaser shall not be entitled to sell or otherwise transfer ownership of the PROPERTY, or a UNIT in a SCHEME developed thereon, Property unless it is a suspensive condition of such sale or other transfer that – 14.5.1 the transferee, in a manner acceptable to the ASSOCIATIONAssociation, agrees to become a member and is admitted as a member of the ASSOCIATION; 14.5.2 Association. In no way detracting from the transferee andgenerality of the aforesaid, it is specifically recorded that the Association shall not give its consent in this regard if, inter alia, any levies, or other amounts payable to the Association by the Purchaser are outstanding or if there are any outstanding issues in respect of the Property or in the event of the transferee being an artificial person, its nominee(s), being accepted as a Silver Member of final completion occupation certificate not having been issued by the Zimbali Lakes Sports ClubLocal Authority or the Design Review Committee not having given Development Approval. 14.6 Notwithstanding the provisions of clause 11, in 17.12 In the event of a breach of this clause 1417, the DEVELOPER Seller shall be entitled in its absolute discretion to refuse its written approval as required to the sale and transfer of the PROPERTY or a UNIT in a SCHEME developed thereon Property until the provisions of this clause 14 17 are complied with and no party to this AGREEMENT OF SALE Contract of Sale shall have any claim for damages arising out of the DEVELOPER’S Seller’s refusal to give suchwritten such written approval. 14.7 17.13 In order to protect the DEVELOPER’S, the ZLR’S and the ASSOCIATION’Srights Seller’s rights in this regard, the PROPERTY Property shall be owned by transferred to the PURCHASERPurchaser, subject to a condition in the Title Deeds title deeds to the PROPERTY or a UNIT in a SCHEME developed thereon Property to the effect that the PROPERTY or a UNIT in a SCHEME developed thereonProperty, or any portion thereof or interest therein shall not be alienated or otherwise transferred without the prior written consent of the ZLR, the ASSOCIATION or the DEVELOPER Seller first being had and obtained, which consent the ZLRSeller shall grant provided the provisions of this clause 17 have been complied with. 17.14 All the Seller’s rights and obligations in terms of paragraph 17 shall be ceded and assigned to the Association when the “Development Period” (as defined in the MOI) ends, which cession and assignment the Purchaser agrees to, as far as needs be. 17.15 The Purchaser shall at all times ensure that the Property is kept in a neat and tidy condition from Date of Occupation. 17.16 The Purchaser acknowledges and agrees that: - 17.16.1 it is the Purchaser’s responsibility to investigate all matters effecting the Property; 17.16.2 the Purchaser has inspected the Property and satisfied itself in regard to everything pertaining to the Property including, but in no way limited to, the ASSOCIATION extent and locality of the Property as well as the subsoil conditions prevailing upon the Property and the DEVELOPER shall grant as provided for in clause 6 permitted use of the AGREEMENT.Property in terms of the zoning thereof under the Town Planning Scheme and all other matters affecting the development thereof; 14.8 In order 17.16.3 the Purchaser is responsible for applying to maintain high standards the appropriate authorities for water, electricity and with a view sewerage connection to ensuring attractive the Property (and harmonious development within the RESORTall fees, all owners of immovable property within the RESORT deposits and other application costs in this regard shall be required to adhere to for the architectural, landscaping account of the Purchaser) and sustainability controls contained for submitting plans for approval in the RESORT GUIDES and applicable to their particular property as formulated by ZLR and/or the ASSOCIATION. Any dwelling respect of any buildings or other structure structures to be erected on the PROPERTYProperty, or any alteration or extension to any existing dwelling or other structure on the PROPERTY once developedSeller and its agents being entirely free from all liability in respect of such matters. 17.17 The Purchaser shall not be permitted, nor shall be done strictly in accordancewith it discharge, noxious effluent into the building plans that have been submitted to and approved in writing by the ZLR and the local Local Authority sewerage system or any other competent authority drainage system and no work whatsoever warrants that, in conducting its operations on the Property, the disposal of any effluent from the Property will be in accordance with all the requirements of the Local Authority or any other responsible authority. 17.18 It is recorded that the Seller is in the process of procuring the installation of the necessary infrastructure required to provide connectivity to the Property for electronic mail and broadband internet access, fixed line telephone communication, intercom operations and terrestrial analogue and digital television signals. The Purchaser acknowledges and agrees that he shall commence until such time as be liable to pay a fee to connect the relevant approval Property to the aforesaid system. The aforesaid fee shall be payable to the Seller’s service provider and shall be paid by the Purchaser when the Property is connected to the aforesaid system (which shall not be prior to the completion of the Dwelling on the Property if this has not already occurred). In addition, the Purchaser shall be obliged, once the aforesaid connection has been obtainedmade and the system is operational, to enter into a service contract with the service provider appointed by the Seller to operate the aforesaid communication system, which will entail the payment of a monthly fee by the Purchaser. 14.9 17.19 The PURCHASER agrees to accept any changes to Purchaser acknowledges that the provisions of this clause 14 of the CONDITIONS OF SALE, Association has entered into an agreement with a service provider in respect of the accreditation supply of estate agents and electricity to residents of the Estate. The Purchaser agrees to make payment to this service provider (or such other party as the Association may contract from time to time, in this regard) directly in respect of electricity it uses. Further in this regard, it is recorded that the Purchaser shall be liable to make payment of agents commissiona once off capital contribution to this service provider (or such other party as the Association may contract from time to time, as may in future this regard) in respect of the installation of various infrastructure. The aforesaid amount shall be agreed paid when construction of the Dwelling on the Property commences. 17.20 It is recorded that the Purchaser shall be obliged to between insure the DEVELOPER Property and the ASSOCIATION (which amendments shall be considered binding development of the Scheme on the PURCHASERProperty with the insurance company nominated by the Seller (as defined in the MOI). 14.10 17.21 The PURCHASER Purchaser acknowledges that it he understands the Englishlanguage English language and considers itself fluent therein.; 14.11 17.22 The PURCHASER Purchaser acknowledges that it he has had an opportunity to carefully read and consider the provisions of this AGREEMENT the Contract and that it he has been free to secure independent legal advice in respect of the provisions of same. In addition, the PURCHASER ; 17.23 The Purchaser acknowledges that the SELLER Seller undertook that the SELLER Seller or the CONVEYANCERS Conveyancers, would explain any provisions of the AGREEMENT Contract which the PURCHASER Purchaser may not have understood fully and, to the extent that the PURCHASER Purchaser made the SELLERaware Seller aware of any provisions of this AGREEMENT the Contract it did not understand, such provisions were fully explained to the PURCHASERPurchaser.

PURCHASER’S ACKNOWLEDGMENTS. 14.1 17.1 The PURCHASER Purchaser acknowledges that he is aware of the intended future development on the Estate by the Seller. Such development is intended to involve the establishment of high quality residential units on various portions of the RESORT by the DEVELOPER, which development will consist of upmarket residential dwellings, golf course(s), hotels, commercial properties, private Estate so designed as to facilitate an aesthetic and publicly accessible recreational areas, water body and sports club. It is intended for the development to be aesthetically pleasing and to have a harmonious style which blends blending with the environment. The PURCHASER Purchaser hereby undertakes that he will, at all times, co-operate with the DEVELOPER Seller in an endeavour to facilitate the success of the said developmentdevelopments within the Estate. Also in this respect, the PURCHASER Purchaser undertakes that he shall not unreasonably interfere with any such proposed development nor lodge an objection with any competent authority in respect of any such development. In particular, but without derogating from the generality of the foregoing, the PURCHASER The Purchaser agrees that he will not object to any application made by or on behalf of the DEVELOPERSeller, its nominee or agent for special usage consent, licences for shopping, commercial, filling station rights, rezoning, removal for: 17.1.1 any rezoning or change of conditions of title under the Removal of Restrictive Conditions Act use or by way of an application to Court or to any local or other competent authority additional use in respect of any property within the RESORT. Again Estate, whether in no way detracting from accordance with the generality Layout Plan or otherwise; 17.1.2 special consent usages; 17.1.3 the amendment or partial amendment of any general plan in respect of the aforesaidproperty within the Estate, whether in accordance with the PURCHASER Layout Plan or otherwise; 17.1.4 removal of restrictive conditions of title; 17.1.5 subdivisional/consolidation applications, whether in accordance with the Layout Plan or otherwise; 17.1.6 the closing of roads within the Estate; and 17.1.7 the incorporation of any additional land which the Seller may determine be incorporated within the development. 17.2 The Purchaser hereby authorises the Seller to motivate and obtain approval of any amendments at any time (before or after Date of Transfer) to the EMP as the Seller in its sole discretion requires and insofar as is necessary the Purchaser hereby irrevocably appoints the Seller as his attorney and agent in rem suam to sign any documents as may be necessary to obtain such amendments. 17.3 The Purchaser specifically acknowledges that owners of land surrounding the PROPERTY Property will be erecting buildings and other structures on the surrounding land which may block or otherwise interfere with the views from the PROPERTYProperty. The PURCHASER Purchaser agrees he shall have no right to object to the construction of any building or other structure on any the land within the RESORT on the basis that such building or other structure blocks or otherwise interferes with the views from the PROPERTYProperty, nor will he have any claim for any alleged diminution diminishment in the value of the PROPERTY Property arising out of any interference with the views from the PROPERTY Property by reason of the construction of any such building or other structure. 14.2 17.4 The PURCHASER acknowledgesthatPurchaser acknowledges that no building or other structure may be erected on the Property and further, no alteration or extension may be made to any existing building or other structure, save in accordance with building plans that have been approved by the Association and the Local Authority. Furthermore, the Purchaser agrees that he will have no claim whatsoever arising, out of whatever cause against the Association, any members of the Design Review Committee and the Seller refusing to approve or delaying the approval of any plans submitted by the Purchaser save where the Purchaser can prove mala fides on the part of the Design Review Committee. 17.5 The Purchaser shall not be entitled to make application to rezone the Property or to change its use from that currently specified in the Town Planning Scheme without the consent of the Seller. 17.6 The Purchaser acknowledges that: 14.2.1 17.6.1 for reasons of security on the RESORT Estate and due to the nature of the proposed development of the RESORT Estate and thevarious the various matters about which any proposed purchaser should become aware when buying into the RESORTEstate, if the PURCHASER Purchaser wishes to dispose of the PROPERTY Property, or any share therein or any subdivision thereof, or any UNIT in sectional title unit erected thereon or any SCHEME developed on the PROPERTYreal right thereon, he shall, to the extent that he requires theservices the services of an estate agent in regard tosuch to such disposal, do soin so in accordance with this clause; 14.2.2 17.6.2 this clause is inserted for the benefit of the DEVELOPERSeller, who shall be entitled to enforceits enforce its terms by law; 14.2.3 17.6.3 any owner who acquires the PROPERTY, Property and who thereafter wishes to dispose of the PROPERTYProperty, shall – 14.2.3.1 a) to extent that he requires the services of an estate agent, do so exclusively through an estate agent accredited by the DEVELOPER or the ZLR; andSeller; 14.2.3.2 b) whether or not he utilises the services of an estate agent, include a clause in any document pursuant by which he disposes of the PROPERTY Property on the same terms precisely as this clause so that any future owner shall, the Seller shall always have the right to accredit the extent that such owner requires the service of an estate agent in regard to when the disposal of the PROPERTY, Property is sold or a UNIT in any SCHEME to be developed on the PROPERTY, be required to appoint only an estate agent accredited by the DEVELOPER or ZLRotherwise disposed of. 14.3 17.7 The PURCHASER Purchaser further acknowledges that in the event of the PURCHASER Purchaser being an artificial person, such as a close corporation, company or trust, and in the event of the member, director, shareholder, trustee or beneficiary of the PURCHASER Purchaser (as the case may be) wishing to dispose of the member’s interest, shares or beneficial interest in the PURCHASER Purchaser (as the case may be), the PURCHASER ) he shall procure that such party shall, to the extent that such party he requires the services of an estate agent in regard to such disposal, complywith comply with the provisions of paragraph 14.2 17.5 of the CONDITIONS OF SALE which shall apply, mutatismutandisConditions of Sale mutatis mutandis. 14.4 When selling 17.8 The Purchaser acknowledges that in the PROPERTYevent of the Purchaser disposing of the Property, or in the event of the Purchaser being an artificial person, such as a close corporation, company or trust and the member’s interest, shares or beneficial interest (as the case may be), being disposed, of privately, (i.e. without the assistance of an estate agent), then in that event, the PURCHASER Purchaser acknowledges that he shall be responsible for payment of a fee charged by the Association as a contribution towards, inter alia, the marketing of the Estate. The aforesaid fee charged by the Association shall be in the sole discretion of the Association,, but shall not exceed 1% (one percent) of the purchase price (plus Value Added Tax thereon) of the Property, member’s interest, shares or beneficial interest (as the case may be) or in the event of the Property, member’s interest, shares or beneficial interest (as the case may be) not being sold, shall not exceed 1% (one percent) of the market value of the Property, member’s interest, shares or beneficial interest (as the case may be) at the date of transfer or cession of same (plus Value Added Tax thereon). 17.9 When selling, or letting the Property, the Purchaser shall utilise such documentation (including the standard Sale Agreement), prescribed by the DEVELOPERAssociation. 14.5 17.10 It is recorded that the estate agent shall be required to pay a portion of its commission, to the Association as a contribution towards, inter alia, the marketing of the Estate. The PURCHASER contribution will be an amount determined by the Association from time to time currently 15% (fifteen percent) (plus Value Added Tax thereon) of the commission payable to such estate agent. 17.11 The Purchaser shall not be entitled to sell or otherwise transfer ownership of the PROPERTY, or a UNIT in a SCHEME developed thereon, Property unless it is a suspensive condition of such sale or other transfer that – 14.5.1 the transferee, in a manner acceptable to the ASSOCIATIONAssociation, agrees to become a member and is admitted as a member of the ASSOCIATION; 14.5.2 Association. In no way detracting from the transferee andgenerality of the aforesaid, it is specifically recorded that the Association shall not give its consent in this regard if, inter alia, any levies, or other amounts payable to the Association by the Purchaser are outstanding or if there are any outstanding issues in respect of the Property or in the event of the transferee being an artificial person, its nominee(s), being accepted as a Silver Member of final completion occupation certificate not having been issued by the Zimbali Lakes Sports ClubLocal Authority or the Design Review Committee not having given Development Approval. 14.6 Notwithstanding the provisions of clause 11, in 17.12 In the event of a breach of this clause 1417, the DEVELOPER Seller shall be entitled in its absolute discretion to refuse its written approval as required to the sale and transfer of the PROPERTY or a UNIT in a SCHEME developed thereon Property until the provisions of this clause 14 17 are complied with and no party to this AGREEMENT OF SALE Contract of Sale shall have any claim for damages arising out of the DEVELOPER’S Seller’s refusal to give suchwritten such written approval. 14.7 17.13 In order to protect the DEVELOPER’S, the ZLR’S and the ASSOCIATION’Srights Seller’s rights in this regard, the PROPERTY Property shall be owned by transferred to the PURCHASERPurchaser, subject to a condition in the Title Deeds title deeds to the PROPERTY or a UNIT in a SCHEME developed thereon Property to the effect that the PROPERTY or a UNIT in a SCHEME developed thereonProperty, or any portion thereof or interest therein shall not be alienated or otherwise transferred without the prior written consent of the ZLR, the ASSOCIATION or the DEVELOPER Seller first being had and obtained, which consent the ZLRSeller shall grant provided the provisions of this clause 17 have been complied with. 17.14 All the Seller’s rights and obligations in terms of paragraph 17 shall be ceded and assigned to the Association when the “Development Period” (as defined in the MOI) ends, which cession and assignment the Purchaser agrees to, as far as needs be. 17.15 The Purchaser shall at all times ensure that the Property is kept in a neat and tidy condition from Date of Occupation. 17.16 The Purchaser acknowledges and agrees that: - 17.16.1 it is the Purchaser’s responsibility to investigate all matters effecting the Property; 17.16.2 the Purchaser has inspected the Property and satisfied itself in regard to everything pertaining to the Property including, but in no way limited to, the ASSOCIATION extent and locality of the Property as well as the subsoil conditions prevailing upon the Property and the DEVELOPER shall grant as provided for in clause 6 permitted use of the AGREEMENT.Property in terms of the zoning thereof under the Town Planning Scheme and all other matters affecting the development thereof; 14.8 In order 17.16.3 the Purchaser is responsible for applying to maintain high standards the appropriate authorities for water, electricity and with a view sewerage connection to ensuring attractive the Property (and harmonious development within the RESORTall fees, all owners of immovable property within the RESORT deposits and other application costs in this regard shall be required to adhere to for the architectural, landscaping account of the Purchaser) and sustainability controls contained for submitting plans for approval in the RESORT GUIDES and applicable to their particular property as formulated by ZLR and/or the ASSOCIATION. Any dwelling respect of any buildings or other structure structures to be erected on the PROPERTYProperty, or any alteration or extension to any existing dwelling or other structure on the PROPERTY once developedSeller and its agents being entirely free from all liability in respect of such matters. 17.17 The Purchaser shall not be permitted, nor shall be done strictly in accordancewith it discharge, noxious effluent into the building plans that have been submitted to and approved in writing by the ZLR and the local Local Authority sewerage system or any other competent authority drainage system and no work whatsoever warrants that, in conducting its operations on the Property, the disposal of any effluent from the Property will be in accordance with all the requirements of the Local Authority or any other responsible authority. 17.18 It is recorded that the Seller is in the process of procuring the installation of the necessary infrastructure required to provide connectivity to the Property for electronic mail and broadband internet access, fixed line telephone communication, intercom operations and terrestrial analogue and digital television signals. The Purchaser acknowledges and agrees that he shall commence until such time as be liable to pay a fee to connect the relevant approval Property to the aforesaid system. The aforesaid fee shall be payable to the Seller’s service provider and shall be paid by the Purchaser when the Property is connected to the aforesaid system (which shall not be prior to the completion of the Dwelling on the Property if this has not already occurred). In addition, the Purchaser shall be obliged, once the aforesaid connection has been obtainedmade and the system is operational, to enter into a service contract with the service provider appointed by the Seller to operate the aforesaid communication system, which will entail the payment of a monthly fee by the Purchaser. 14.9 17.19 The PURCHASER agrees to accept any changes to Purchaser acknowledges that the provisions of this clause 14 of the CONDITIONS OF SALE, Association has entered into an agreement with a service provider in respect of the accreditation supply of estate agents and electricity to residents of the Estate. The Purchaser agrees to make payment to this service provider (or such other party as the Association may contract from time to time, in this regard) directly in respect of electricity it uses. Further in this regard, it is recorded that the Purchaser shall be liable to make payment of agents commissiona once off capital contribution to this service provider (or such other party as the Association may contract from time to time, as may in future this regard) in respect of the installation of various infrastructure. The aforesaid amount shall be agreed paid when construction of the Dwelling on the Property commences. 17.20 It is recorded that the Purchaser shall be obliged to between insure the DEVELOPER Property and the ASSOCIATION (which amendments shall be considered binding development of the Scheme on the PURCHASERProperty with the insurance company nominated by the Seller (as defined in the MOI). 14.10 17.21 The PURCHASER Purchaser acknowledges that it he understands the Englishlanguage English language and considers itself fluent therein.; 14.11 17.22 The PURCHASER Purchaser acknowledges that it he has had an opportunity to carefully read and consider the provisions of this AGREEMENT the Contract and that it he has been free to secure independent legal advice in respect of the provisions of same. In addition, the PURCHASER ; 17.23 The Purchaser acknowledges that the SELLER Seller undertook that the SELLER Seller or the CONVEYANCERS Conveyancers, would explain any provisions of the AGREEMENT Contract which the PURCHASER Purchaser may not have understood fully and, to the extent that the PURCHASER Purchaser made the SELLERaware Seller aware of any provisions of this AGREEMENT the Contract it did not understand, such provisions were fully explained to the PURCHASERPurchaser.

PURCHASER’S ACKNOWLEDGMENTS. 14.1 12.1 The PURCHASER acknowledges that he is aware of the intended future development of the RESORT SIBAYA PRECINCT by the DEVELOPERSELLER, which development will consist of upmarket the establishment of resorts, high quality business and commercial premises and residential dwellings, golf course(s), hotels, commercial properties, private and publicly accessible recreational areas, water body and sports clubdwellings on various portions of the SIBAYA PRECINCT. It is intended for the development to be aesthetically pleasing and to have a harmonious style style, which blends with the environmentenvironments. The PURCHASER hereby undertakes that he will, at all times, co-operate with the DEVELOPER SELLER in an endeavour endeavor to facilitate the success of the said developmentdevelopments. Also in this respect, the PURCHASER undertakes that he shall not unreasonably interfere with any such proposed development nor lodge an objection with any competent authority in respect of any such development. In particular, but without derogating from the generality of the foregoing, the PURCHASER agrees that he will not object to any application made by or on behalf of the DEVELOPERSELLER, its nominee or agent for special usage consent, licences licenses for shopping, commercial, filling station rights, rezoning, removal of conditions of title under the Removal of Restrictive Conditions Act or by way of an application to Court or to any local or other competent authority in respect of any property within the RESORTSIBAYA PRECINCT. Again in no way detracting from the generality of the aforesaid, the PURCHASER specifically acknowledges that owners of land surrounding the PROPERTY UNIT will be erecting buildings and other structures on surrounding land land, which may block or otherwise interfere with the views from the PROPERTYUNIT. The PURCHASER agrees he shall have no right to object to the construction of any building or other structure on any land within the RESORT SIBAYA PRECINCT on the basis that such building or other structure blocks or otherwise interferes with the views from the PROPERTYUNIT, nor will he have any claim for any alleged diminution in value of the PROPERTY UNIT arising out of any interference with the views from the PROPERTY UNIT by reason of the construction of any such building or structure. 14.2 12.2 The PURCHASER acknowledgesthat: 14.2.1 for reasons of security acknowledges that no buildings or other structure may be erected on the RESORT UNIT and due further, no alteration or extension may be made to any existing building or other structure, save in accordance with building plans that have been approved by the nature ASSOCIATION, acting through the DESIGN REVIEW COMMITTEE, and the LOCAL AUTHORITY. Furthermore the PURCHASER agrees that he will have no claim whatsoever, arising out of whatever cause, against the ASSOCIATION, any members of the proposed development DESIGN REVIEW COMMITTEE or the SELLER for any loss suffered by reason the DESIGN REVIEW COMMITTEE refusing to approve or delay the approval of any plans submitted by the PURCHASER save where the PURCHASER can prove mala fides on the part of the RESORT and thevarious matters about which any proposed purchaser should become aware when buying into the RESORT, if the PURCHASER wishes to dispose of the PROPERTY or any share therein or any subdivision thereof, or any UNIT in any SCHEME developed on the PROPERTY, he shall, to the extent that he requires theservices of an estate agent in regard tosuch disposal, do soin accordance with this clause; 14.2.2 this clause is inserted for the benefit of the DEVELOPER, who shall be entitled to enforceits terms by law; 14.2.3 any owner who acquires the PROPERTY, and who thereafter wishes to dispose of the PROPERTY, shall – 14.2.3.1 to extent that he requires the services of an estate agent, do so exclusively through an estate agent accredited by the DEVELOPER or the ZLR; and 14.2.3.2 whether or not he utilises the services of an estate agent, include a clause in any document pursuant by which he disposes of the PROPERTY on the same terms precisely as this clause so that any future owner shall, to the extent that such owner requires the service of an estate agent in regard to the disposal of the PROPERTY, or a UNIT in any SCHEME to be developed on the PROPERTY, be required to appoint only an estate agent accredited by the DEVELOPER or ZLRDESIGN REVIEW COMMITTEE. 14.3 The PURCHASER further acknowledges that in the event of the PURCHASER being an artificial person, such as a close corporation, company or trust, and in the event of the member, director, shareholder, trustee or beneficiary of the PURCHASER (as the case may be) wishing to dispose of the member’s interest, shares or beneficial interest in the PURCHASER (as the case may be), the PURCHASER shall procure that such party shall, to the extent that such party requires the services of an estate agent in regard to such disposal, complywith the provisions of paragraph 14.2 of the CONDITIONS OF SALE which shall apply, mutatismutandis. 14.4 When selling the PROPERTY, the PURCHASER shall utilise such documentation (including the standard Sale Agreement), prescribed by the DEVELOPER. 14.5 12.3 The PURCHASER shall not be entitled to sell or otherwise transfer ownership of the PROPERTY, or a UNIT in a SCHEME developed thereon, unless it is a suspensive condition of such sale or other transfer that – 14.5.1 the transferee, in a manner acceptable to the ASSOCIATION, agrees to become a member and is admitted as a member signs Annexure “R” hereto. In no way detracting from the generality of the ASSOCIATION; 14.5.2 aforesaid, it is specifically recorded that the transferee andASSOCIATION shall not give its consent in this regard if, inter alia, any levies, or any other amounts payable to the ASSOCIATION by the PURCHASER are outstanding or in the event of the transferee being an artificial person, its nominee(s), being accepted as a Silver Member final approval certificate not have been issued by the LOCAL AUTHORITY or the DESIGN REVIEW COMMITTEE not having given the DEVELOPMENT APPROVAL in respect of the Zimbali Lakes Sports Clubdevelopment on the PROPERTY. 14.6 12.4 Notwithstanding the provisions of clause 11Clause 14, in the event of a breach of this clause 14Clause 12, the DEVELOPER ASSOCIATION shall be entitled in its their absolute discretion to refuse its their written approval as required to the sale and transfer of the PROPERTY or a UNIT in a SCHEME developed thereon until the provisions of this clause 14 12 are complied with and no party to this AGREEMENT CONTRACT OF SALE shall have any claim for damages arising out of the DEVELOPER’S ASSOCIATION refusal to give suchwritten such written approval. 14.7 12.5 In order to protect the DEVELOPER’S, the ZLRASSOCIATION’S and the ASSOCIATION’Srights rights in this regard, the PROPERTY UNIT shall be owned by transferred to the PURCHASER, PURCHASER subject to a condition in the Title Deeds Deed to the PROPERTY or a UNIT in a SCHEME developed thereon to the effect that the PROPERTY or a UNIT in a SCHEME developed thereonUNIT, or any portion thereof or interest therein shall not be alienated or otherwise transferred without the prior written consent of the ZLR, the ASSOCIATION or the DEVELOPER first being had and having been obtained, which consent the ZLR, the ASSOCIATION and the DEVELOPER shall grant as provided for the PURCHASER has complied with all its obligations in clause 6 terms of this CONTRACT, and in particularly, and in no way detracting from the generality of the AGREEMENTaforesaid, has complied with its obligations in terms of this Clause 12. 14.8 In order to maintain high standards and with a view to ensuring attractive and harmonious development within the RESORT, all owners of immovable property within the RESORT shall be required to adhere to the architectural, landscaping and sustainability controls contained in the RESORT GUIDES and applicable to their particular property as formulated by ZLR and/or the ASSOCIATION. Any dwelling or other structure to be erected on the PROPERTY, or any alteration or extension to any existing dwelling or other structure on the PROPERTY once developed, shall be done strictly in accordancewith the building plans that have been submitted to and approved in writing by the ZLR and the local or any other competent authority and no work whatsoever shall commence until such time as the relevant approval has been obtained. 14.9 The PURCHASER agrees to accept any changes to the provisions of this clause 14 of the CONDITIONS OF SALE, in respect of the accreditation of estate agents and payment of agents commission, as may in future be agreed to between the DEVELOPER and the ASSOCIATION (which amendments shall be considered binding on the PURCHASER). 14.10 12.6 The PURCHASER acknowledges that the name “sibaya” along with the associated logos and the like, constitute the sole intellectual property of Afrisun KZN (Pty) Ltd and specifically agrees not to, in any way, make use of the aforesaid intellectual property, without the express written consent of both Afrisun KZN (Pty) Ltd and the SELLER. 12.7 The PURCHASER acknowledges he/it understands the Englishlanguage understands, and considers himself/itself fluent therein.in, the English Language 14.11 12.8 The PURCHASER acknowledges that it he has had an opportunity to carefully read and consider the provisions of this AGREEMENT CONTRACT OF SALE and that it he has been free to secure obtain independent legal advice in respect of the provisions of sameregard to these provisions. In addition, the The PURCHASER acknowledges that the SELLER undertook that the SELLER or the CONVEYANCERS would explain any provisions provision of the AGREEMENT CONTRACT OF SALE which the PURCHASER may not have fully understood fully and, to the extent that the PURCHASER made the SELLERaware SELLER aware of any provisions provision of this AGREEMENT CONTRACT OF SALE it did not understand, such provisions were fully explained to the PURCHASER.

PURCHASER’S ACKNOWLEDGMENTS. 14.1 17.1 The PURCHASER Purchaser acknowledges that he is aware of the intended future development on the Estate by the Seller. Such development is intended to involve the establishment of high quality residential units on various portions of the RESORT by the DEVELOPER, which development will consist of upmarket residential dwellings, golf course(s), hotels, commercial properties, private Estate so designed as to facilitate an aesthetic and publicly accessible recreational areas, water body and sports club. It is intended for the development to be aesthetically pleasing and to have a harmonious style which blends blending with the environment. The PURCHASER Purchaser hereby undertakes that he will, at all times, co-operate with the DEVELOPER Seller in an endeavour to facilitate the success of the said developmentdevelopments within the Estate. Also in this respect, the PURCHASER Purchaser undertakes that he shall not unreasonably interfere with any such proposed development nor lodge an objection with any competent authority in respect of any such development. In particular, but without derogating from the generality of the foregoing, the PURCHASER The Purchaser agrees that he will not object to any application made by or on behalf of the DEVELOPERSeller, its nominee or agent for special usage consent, licences for shopping, commercial, filling station rights, rezoning, removal for: 17.1.1 any rezoning or change of conditions of title under the Removal of Restrictive Conditions Act use or by way of an application to Court or to any local or other competent authority additional use in respect of any property within the RESORT. Again Estate, whether in no way detracting from accordance with the generality Layout Plan or otherwise; 17.1.2 special consent usages; 17.1.3 the amendment or partial amendment of any general plan in respect of the aforesaidproperty within the Estate, whether in accordance with the PURCHASER Layout Plan or otherwise; 17.1.4 removal of restrictive conditions of title; 17.1.5 subdivisional/consolidation applications, whether in accordance with the Layout Plan or otherwise; 17.1.6 the closing of roads within the Estate; and 17.1.7 the incorporation of any additional land which the Seller may determine be incorporated within the development. 17.2 The Purchaser hereby authorises the Seller to motivate and obtain approval of any amendments at any time (before or after Date of Transfer) to the EMP as the Seller in its sole discretion requires and insofar as is necessary the Purchaser hereby irrevocably appoints the Seller as his attorney and agent in rem suam to sign any documents as may be necessary to obtain such amendments. 17.3 The Purchaser specifically acknowledges that owners of land surrounding the PROPERTY Property will be erecting buildings and other structures on the surrounding land which may block or otherwise interfere with the views from the PROPERTYProperty. The PURCHASER Purchaser agrees he shall have no right to object to the construction of any building or other structure on any the land within the RESORT on the basis that such building or other structure blocks or otherwise interferes with the views from the PROPERTYProperty, nor will he have any claim for any alleged diminution diminishment in the value of the PROPERTY Property arising out of any interference with the views from the PROPERTY Property by reason of the construction of any such building or other structure. 14.2 17.4 The PURCHASER acknowledgesthatPurchaser acknowledges that no building or other structure may be erected on the Property and further, no alteration or extension may be made to any existing building or other structure, save in accordance with building plans that have been approved by the Association and the Local Authority. Furthermore, the Purchaser agrees that he will have no claim whatsoever arising, out of whatever cause against the Association, any members of the Design Review Committee and the Seller refusing to approve or delaying the approval of any plans submitted by the Purchaser save where the Purchaser can prove mala fides on the part of the Design Review Committee. 17.5 The Purchaser shall not be entitled to make application to rezone the Property or to change its use from that currently specified in the Town Planning Scheme without the consent of the Seller. 17.6 The Purchaser acknowledges that: 14.2.1 17.6.1 for reasons of security on the RESORT Estate and due to the nature of the proposed development of the RESORT Estate and thevarious the various matters about which any proposed purchaser should become aware when buying into the RESORTEstate, if the PURCHASER Purchaser wishes to dispose of the PROPERTY Property, or any share therein or any subdivision thereof, or any UNIT in sectional title unit erected thereon or any SCHEME developed on the PROPERTYreal right thereon, he shall, to the extent that he requires theservices the services of an estate agent in regard tosuch to such disposal, do soin so in accordance with this clause; 14.2.2 17.6.2 this clause is inserted for the benefit of the DEVELOPERSeller, who shall be entitled to enforceits enforce its terms by law; 14.2.3 17.6.3 any owner who acquires the PROPERTY, Property and who thereafter wishes to dispose of the PROPERTYProperty, shall – 14.2.3.1 a) to extent that he requires the services of an estate agent, do so exclusively through an estate agent accredited by the DEVELOPER or the ZLR; andSeller; 14.2.3.2 b) whether or not he utilises the services of an estate agent, include a clause in any document pursuant by which he disposes of the PROPERTY Property on the same terms precisely as this clause so that any future owner shall, the Seller shall always have the right to accredit the extent that such owner requires the service of an estate agent in regard to when the disposal of the PROPERTY, Property is sold or a UNIT in any SCHEME to be developed on the PROPERTY, be required to appoint only an estate agent accredited by the DEVELOPER or ZLRotherwise disposed of. 14.3 17.7 The PURCHASER Purchaser further acknowledges that in the event of the PURCHASER Purchaser being an artificial person, such as a close corporation, company or trust, and in the event of the member, director, shareholder, trustee or beneficiary of the PURCHASER Purchaser (as the case may be) wishing to dispose of the member’s interest, shares or beneficial interest in the PURCHASER Purchaser (as the case may be), the PURCHASER ) he shall procure that such party shall, to the extent that such party he requires the services of an estate agent in regard to such disposal, complywith comply with the provisions of paragraph 14.2 18.5 of the CONDITIONS OF SALE which shall apply, mutatismutandisConditions of Sale mutatis mutandis. 14.4 When selling 17.8 The Purchaser acknowledges that in the PROPERTYevent of the Purchaser disposing of the Property, or in the event of the Purchaser being an artificial person, such as a close corporation, company or trust and the member’s interest, shares or beneficial interest (as the case may be), being disposed, of privately, (i.e. without the assistance of an estate agent), then in that event, the PURCHASER Purchaser acknowledges that he shall be responsible for payment of a fee charged by the Seller as a contribution towards, inter alia, the marketing of the Estate. The aforesaid fee charged by the Seller shall be in the sole discretion of the Seller,, but shall not exceed 1% (one percent) of the purchase price (plus Value Added Tax thereon) of the Property, member’s interest, shares or beneficial interest (as the case may be) or in the event of the Property, member’s interest, shares or beneficial interest (as the case may be) not being sold, shall not exceed 1% (one percent) of the market value of the Property, member’s interest, shares or beneficial interest (as the case may be) at the date of transfer or cession of same (plus Value Added Tax thereon). 17.9 When selling, or letting the Property, the Purchaser shall utilise such documentation (including the standard Sale Agreement), prescribed by the DEVELOPERAssociation. 14.5 17.10 It is recorded that the estate agent shall be required to pay a portion of its commission, to the Seller as a contribution towards, inter alia, the marketing of the Estate. The PURCHASER contribution will be an amount determined by the Seller from time to time currently 15% (fifteen percent) (plus Value Added Tax thereon) of the commission payable to such estate agent. 17.11 The Purchaser shall not be entitled to sell or otherwise transfer ownership of the PROPERTY, or a UNIT in a SCHEME developed thereon, Property unless it is a suspensive condition of such sale or other transfer that – 14.5.1 the transferee, in a manner acceptable to the ASSOCIATIONAssociation, agrees to become a member and is admitted as a member of the ASSOCIATION; 14.5.2 Association. In no way detracting from the transferee andgenerality of the aforesaid, it is specifically recorded that the Association shall not give its consent in this regard if, inter alia, any levies, or other amounts payable to the Association by the Purchaser are outstanding or if there are any outstanding issues in respect of the Property or in the event of the transferee being an artificial person, its nominee(s), being accepted as a Silver Member of final completion occupation certificate not having been issued by the Zimbali Lakes Sports ClubLocal Authority or the Design Review Committee not having given Development Approval. 14.6 Notwithstanding the provisions of clause 11, in 17.12 In the event of a breach of this clause 1418, the DEVELOPER Seller shall be entitled in its absolute discretion to refuse its written approval as required to the sale and transfer of the PROPERTY or a UNIT in a SCHEME developed thereon Property until the provisions of this clause 14 18 are complied with and no party to this AGREEMENT OF SALE Contract of Sale shall have any claim for damages arising out of the DEVELOPER’S Seller’s refusal to give suchwritten such written approval. 14.7 17.13 In order to protect the DEVELOPER’S, the ZLR’S and the ASSOCIATION’Srights Seller’s rights in this regard, the PROPERTY Property shall be owned by transferred to the PURCHASERPurchaser, subject to a condition in the Title Deeds title deeds to the PROPERTY or a UNIT in a SCHEME developed thereon Property to the effect that the PROPERTY or a UNIT in a SCHEME developed thereonProperty, or any portion thereof or interest therein shall not be alienated or otherwise transferred without the prior written consent of the ZLR, the ASSOCIATION or the DEVELOPER Seller first being had and obtained, which consent the ZLRSeller shall grant provided the provisions of this clause 18 have been complied with. 17.14 All the Seller’s rights and obligations in terms of paragraph 18 shall be ceded and assigned to the Association when the “Development Period” (as defined in the MOI) ends, which cession and assignment the Purchaser agrees to, as far as needs be. 17.15 The Purchaser shall at all times ensure that the Property is kept in a neat and tidy condition from Date of Occupation. 17.16 The Purchaser acknowledges and agrees that: - 17.16.1 it is the Purchaser’s responsibility to investigate all matters effecting the Property; 17.16.2 the Purchaser has inspected the Property and satisfied itself in regard to everything pertaining to the Property including, but in no way limited to, the ASSOCIATION extent and locality of the Property as well as the subsoil conditions prevailing upon the Property and the DEVELOPER shall grant as provided for in clause 6 permitted use of the AGREEMENT.Property in terms of the zoning thereof under the Town Planning Scheme and all other matters affecting the development thereof; 14.8 In order 17.16.3 the Purchaser is responsible for applying to maintain high standards the appropriate authorities for water, electricity and with a view sewerage connection to ensuring attractive the Property (and harmonious development within the RESORTall fees, all owners of immovable property within the RESORT deposits and other application costs in this regard shall be required to adhere to for the architectural, landscaping account of the Purchaser) and sustainability controls contained for submitting plans for approval in the RESORT GUIDES and applicable to their particular property as formulated by ZLR and/or the ASSOCIATION. Any dwelling respect of any buildings or other structure structures to be erected on the PROPERTYProperty, or any alteration or extension to any existing dwelling or other structure on the PROPERTY once developedSeller and its agents being entirely free from all liability in respect of such matters. 17.17 The Purchaser shall not be permitted, nor shall be done strictly in accordancewith it discharge, noxious effluent into the building plans that have been submitted to and approved in writing by the ZLR and the local Local Authority sewerage system or any other competent authority drainage system and no work whatsoever warrants that, in conducting its operations on the Property, the disposal of any effluent from the Property will be in accordance with all the requirements of the Local Authority or any other responsible authority. 17.18 It is recorded that the Seller is in the process of procuring the installation of the necessary infrastructure required to provide connectivity to the Property for electronic mail and broadband internet access, fixed line telephone communication, intercom operations and terrestrial analogue and digital television signals. The Purchaser acknowledges and agrees that he shall commence until such time as be liable to pay a fee to connect the relevant approval Property to the aforesaid system. The aforesaid fee shall be payable to the Seller’s service provider and shall be paid by the Purchaser when the Property is connected to the aforesaid system (which shall not be prior to the completion of the Dwelling on the Property if this has not already occurred). In addition, the Purchaser shall be obliged, once the aforesaid connection has been obtainedmade and the system is operational, to enter into a service contract with the service provider appointed by the Seller to operate the aforesaid communication system, which will entail the payment of a monthly fee by the Purchaser. 14.9 17.19 The PURCHASER agrees to accept any changes to Purchaser acknowledges that the provisions of this clause 14 of the CONDITIONS OF SALE, Association has entered into an agreement with a service provider in respect of the accreditation supply of estate agents and electricity to residents of the Estate. The Purchaser agrees to make payment to this service provider (or such other party as the Association may contract from time to time, in this regard) directly in respect of electricity it uses. Further in this regard, it is recorded that the Purchaser shall be liable to make payment of agents commissiona once off capital contribution to this service provider (or such other party as the Association may contract from time to time, as may in future this regard) in respect of the installation of various infrastructure. The aforesaid amount shall be agreed paid when construction of the Dwelling on the Property commences. 17.20 It is recorded that the Purchaser shall be obliged to between insure the DEVELOPER Property and the ASSOCIATION (which amendments shall be considered binding development of the Scheme on the PURCHASERProperty with the insurance company nominated by the Seller (as defined in the MOI). 14.10 17.21 The PURCHASER Purchaser acknowledges that it he understands the Englishlanguage English language and considers itself fluent therein.; 14.11 17.22 The PURCHASER Purchaser acknowledges that it he has had an opportunity to carefully read and consider the provisions of this AGREEMENT the Contract and that it he has been free to secure independent legal advice in respect of the provisions of same. In addition, the PURCHASER ; 17.23 The Purchaser acknowledges that the SELLER Seller undertook that the SELLER Seller or the CONVEYANCERS Conveyancers, would explain any provisions of the AGREEMENT Contract which the PURCHASER Purchaser may not have understood fully and, to the extent that the PURCHASER Purchaser made the SELLERaware Seller aware of any provisions of this AGREEMENT the Contract it did not understand, such provisions were fully explained to the PURCHASERPurchaser.