Common use of SNAGGING / SITE VISITS Clause in Contracts

SNAGGING / SITE VISITS. 13.1 The Purchaser shall be given the opportunity to inspect the Section at different intervals during its construction, provided that a proper appointment is made with the Seller for such site visit. The Purchaser acknowledges that, until completion of the Section and issue of the Occupation Certificate, the site is a construction area, and as such is potentially dangerous. It is therefore imperative that the Purchaser does not attend at the site unaccompanied, and the Purchaser hereby indemnifies the Seller (as well as the Seller’s employees, sub-contractors etc.) against injury or damage suffered. (initial) 13.2 Official snag list to reach the Developer on the seventh day after the Occupation Date or if occupation not taken, seven days after transfer of the Unit, failing which the Unit will be considered snag free. (initial) (a) his/her capacity to enter into and sign this Agreement (Part A and B) and annexures A, B and C; (b) all the information supplied in Part B hereof is true and correct; all consent in terms of the Matrimonial Property Act has been furnished. Purchaser Co-Purchaser or Spouse For and on behalf of the SELLER / DEVELOPER Seller / Developer AGENT, who by his/her signature hereto warrants his/her capacity to enter into and sign this Agreement, Agent BUILDER, who by his/her signature hereto warrants his/her capacity to enter into and sign this Agreement, Builder 1. The information contained herein is true and correct. 2. The above figures represent my true earnings / income and I agree to provide such proof. 3. I warrant that no judgments have been taken against me that would prohibit the granting of the bond referred to in the Agreement. 4. I am aware and understand the customary requirements of Deposit Taking Institutions regarding eligibility for loan finance based on salary, liabilities, credit ratings and other qualifications, and hereby warrant that to the best of my knowledge and belief I am eligible for a loan in the amount and on the terms and conditions contemplated in the Agreement. 5. I confirm that there are no amounts owing by me to SARS, and / or any documentation outstanding to be submitted to SARS and / or any dispute pending between myself and SARS that would prohibit and / or delay the issuing of a transfer duty receipt or exemption form in respect of this transaction. I take note that any breach of this warranty will constitute a material breach of the agreement and the provisions of clause 5 of Part A will be available to the aggrieved party. 6. I hereby agree that a ITC / credit check can be performed to determine my credit score. ANNEXURE A ANNEXURE A N 2655 REFUSE AREA HOUSE GATE 4910 ANNEXURE B

SNAGGING / SITE VISITS. 13.1 12.1 The Purchaser PURCHASER shall be given the opportunity to inspect the Section SECTION at different intervals during its construction, provided that a proper appointment is made with the Seller SELLER and/or AGENT for such site visit. The Purchaser PURCHASER acknowledges that, until completion of the Section SCHEME and issue of the Occupation CertificateCertificate of the UNIT, the site is a construction area, and as such is potentially dangerous. It is therefore imperative that the Purchaser PURCHASER does not attend at the site unaccompanied, and the Purchaser PURCHASER and its authorised representatives hereby irrevocably indemnifies and holds harmless the Seller SELLER, the AGENT, the BUILDER (as well as their employees, contractors, sub- contractors and all other parties on site working for or on behalf of the Seller’s aforementioned parties) against loss, injury, death or damage suffered as a result of being on site for whatever reason. The PURCHASER and its authorised representatives irrevocably agree that it shall not have the right to institute any claim against the SELLER, the AGENT, the BUILDER (as well as their employees, contractors, sub-contractors etc.) against injury and all other parties on site working for or damage suffered. (initial) 13.2 Official snag list to reach the Developer on the seventh day after the Occupation Date or if occupation not taken, seven days after transfer of the Unit, failing which the Unit will be considered snag free. (initial) (a) his/her capacity to enter into and sign this Agreement (Part A and B) and annexures A, B and C; (b) all the information supplied in Part B hereof is true and correct; all consent in terms of the Matrimonial Property Act has been furnished. Purchaser Co-Purchaser or Spouse For and on behalf of the SELLER / DEVELOPER Seller / Developer AGENT, who by his/her signature hereto warrants his/her capacity to enter into and sign aforementioned parties) in this Agreement, Agent BUILDER, who by his/her signature hereto warrants his/her capacity to enter into and sign this Agreement, Builder 1. The information contained herein is true and correctrespect. 2. 12.2 The above figures represent my true earnings / income and I agree PURCHASER will, within 7 (seven) days of occupation or REGISTRATION DATE, whichever is the earliest, provide a snag list detailing all faults and/or defects in the SECTION to provide such proofthe SELLER and/or the AGENT or their nominated representatives. 3. I warrant 12.3 In the event that no judgments have been taken against me that would prohibit the granting PURCHASER delivers the snag list in terms of clause 12.2, the SELLER shall repair the snags within 60 days after receipt of the bond referred snag list, provided the SELLER and its respective contractors are given reasonable access to in the AgreementSECTION. 4. I am aware and understand the customary requirements of Deposit Taking Institutions regarding eligibility for loan finance based on salary, liabilities, credit ratings and other qualifications, and hereby warrant that to the best of my knowledge and belief I am eligible for a loan in the amount and on the terms and conditions contemplated in the Agreement. 5. I confirm that there are no amounts owing by me to SARS, and / or any documentation outstanding to be submitted to SARS and / or any dispute pending between myself and SARS that would prohibit and / or delay the issuing of a transfer duty receipt or exemption form in respect of this transaction. I take note that any breach of this warranty will constitute a material breach 12.4 Failure of the agreement PURCHASER to submit the snag list within the timelines stipulated in clause 12.2 shall be deemed an automatic acceptance of the condition of the SECTION. For sake of clarity, this shall mean the SECTION is free of defects and/or faults and the provisions of clause 5 of Part A will be available PURCHASER irrevocably relinquishes its right to institute a claim against the aggrieved partySELLER, the AGENT and/or the BUILDER in this respect. 6. I hereby agree that a ITC / credit check can be performed to determine my credit score. ANNEXURE A ANNEXURE A N 2655 REFUSE AREA HOUSE GATE 4910 ANNEXURE B

SNAGGING / SITE VISITS. 13.1 8.1 The Purchaser shall be given the opportunity to inspect the Section at different intervals during its construction, provided that a proper appointment is made with the Seller for such site visit. The Purchaser acknowledges acknowledged that, until completion of the Section and issue of the Occupation Certificate, the site is a construction area, and as such such, is potentially dangerous. It is therefore imperative that the Purchaser does not attend at the site unaccompanied, and the Purchaser hereby indemnifies the Seller (as well as the Seller’s employees, sub-contractors contractors, etc.) against any injury or damage suffered. (initial). 13.2 8.2 Official snag list to reach the Developer developer on the seventh day after the Occupation Date occupation date or if occupation not taken, seven days after transfer of the Unit, failing unit. Failing which the Unit unit will be considered snag free. (initial)) PURCHASER/S - who by his/her signature hereto warrants - (a) his/her capacity to enter into and sign this Agreement agreement (Part A and Part B) and annexures AC, B D and C;D1 and E: (b) all the information supplied in Part B hereof is true and correct; . (c) all consent in terms of the Matrimonial Property Act has been furnished. Purchaser’s Details/ Information for the Conveyancer Purchaser Co-Spouse/Joint Purchaser or Spouse For Surname: Full names: Maiden name: Present address: Postal address: Identity Number: Date of birth: Marital status: Date of marriage: Type of marriage: Telephone no.: Employed by: Period of service: Occupation Gross monthly income: Total annual income: Income Tax registration no: I/we the purchaser/s warrant and on behalf of confirm the SELLER / DEVELOPER Seller / Developer AGENT, who by his/her signature hereto warrants his/her capacity to enter into and sign this Agreement, Agent BUILDER, who by his/her signature hereto warrants his/her capacity to enter into and sign this Agreement, Builderfollowing: 1. The information contained herein is true and correct. 2. The above figures represent my true earnings / earnings/ income and I agree to provide such proof. 3. I warrant that no judgments have been taken against me that would prohibit the granting of the bond referred to in the Agreement. 4. I am aware and understand the customary requirements of Deposit Taking Institutions regarding eligibility for loan finance based on salary, liabilities, credit ratings and other qualifications, and hereby warrant that to the best of my knowledge and belief I am eligible for a loan in the amount and on the terms and conditions contemplated in the Agreement. 5. I confirm that there are no amounts owing by me to SARS, and / or any documentation outstanding to be submitted to SARS and / or any dispute pending between myself and SARS that would prohibit and / or delay the issuing of a transfer duty receipt or exemption form in respect of this transaction. I take note that any breach of this warranty will constitute a material breach of the agreement and the provisions of clause 5 of Part A Clause 3 will be available to the aggrieved party. 6. I hereby agree that a ITC / credit check can be performed to determine my credit score. ANNEXURE A ANNEXURE A N 2655 REFUSE AREA HOUSE GATE 4910 ANNEXURE B‌‌‌‌‌‌‌ ‌

SNAGGING / SITE VISITS. 13.1 The Purchaser shall be given the opportunity to inspect the Section at different intervals during its construction, provided that a proper appointment is made with the Seller for such site visit. The Purchaser acknowledges that, until completion of the Section and issue of the Occupation Certificate, the site is a construction area, and as such is potentially dangerous. It is therefore imperative that the Purchaser does not attend at the site unaccompanied, and the Purchaser hereby indemnifies the Seller (as well as the Seller’s employees, sub-contractors etc.) against injury or damage suffered. (initial) 13.2 Official snag list to reach the Developer on the seventh day after the Occupation Date or if occupation not taken, seven days after transfer of the Unit, failing which the Unit will be considered snag free. (initial) (a) his/her capacity to enter into and sign this Agreement (Part A and B) and annexures A, B and C; (b) all the information supplied in Part B hereof is true and correct; all consent in terms of the Matrimonial Property Act has been furnished. Purchaser Co-Purchaser or Spouse For and on behalf of the SELLER / DEVELOPER Seller / Developer AGENT, who by his/her signature hereto warrants his/her capacity to enter into and sign this Agreement, Agent BUILDER, who by his/her signature hereto warrants his/her capacity to enter into and sign this Agreement, Builder 1. The information contained herein is true and correct. 2. The above figures represent my true earnings / income and I agree to provide such proof. 3. I warrant that no judgments have been taken against me that would prohibit the granting of the bond referred to in the Agreement. 4. I am aware and understand the customary requirements of Deposit Taking Institutions regarding eligibility for loan finance based on salary, liabilities, credit ratings and other qualifications, and hereby warrant that to the best of my knowledge and belief I am eligible for a loan in the amount and on the terms and conditions contemplated in the Agreement. 5. I confirm that there are no amounts owing by me to SARS, and / or any documentation outstanding to be submitted to SARS and / or any dispute pending between myself and SARS that would prohibit and / or delay the issuing of a transfer duty receipt or exemption form in respect of this transaction. I take note that any breach of this warranty will constitute a material breach of the agreement and the provisions of clause 5 of Part A will be available to the aggrieved party. 6. I hereby agree that a ITC / credit check can be performed to determine my credit score. ANNEXURE A ANNEXURE A N 2655 REFUSE AREA HOUSE GATE 4910 ANNEXURE B