Common use of TRANSFER AND BOND COSTS Clause in Contracts

TRANSFER AND BOND COSTS. 10.1 The Seller shall be liable to pay the fees and disbursements of the Transferring Attorney and the Bond Registration Attorney. However, should the financial institution which approves the Purchaser’s loan application on its own accord or at the request of the Purchaser appoint an attorney other than the Bond Registration Attorney to attend to the registration of the bond, the Purchaser shall be liable for the payment of the bond registration costs to such attorney. Initial: 10.2 Notwithstanding the provisions of clause 10.1, the Purchaser will be liable for the payment of all fees and disbursements incurred or to be incurred by the Transferring Attorney and the Bond Registration Attorney in the signing of the transfer and/or bond documentation with any correspondent attorney. No such fees will be payable by the Purchaser if the transfer and mortgage bond documentation are signed at the offices of the Transferring Attorney and the Bond Registration Attorney or at any of their branches in the country. 10.3 Notwithstanding the provisions of clause 10.1, the Purchaser will be liable for the payment of the costs relating to the issue of the insurance certificate in respect of the Property, as well as the initiation fees and/or valuation fees levied by the financial institution who approves his loan application in the event that the same is not debited against the home loan account with the said institution on the Transfer Date. 10.4 If the Agreement is cancelled by the Seller due to the Purchaser’s breach of contract then the Purchaser shall immediately be and become liable for: 10.4.1 All waisted costs of the Transferring and/or Bond Registration Attorneys, arising out of or in connection with the preparation of transfer and bond documentation including other incidental charges relation to the registration of the transfer of the unit; and/or the Agent’s commission;

TRANSFER AND BOND COSTS. 10.1 The Seller shall be liable to pay the fees and disbursements of the Transferring Attorney and the Bond Registration Attorney. However, should the financial institution which approves the Purchaser’s loan application on its own accord or at the request of the Purchaser appoint an attorney other than the Bond Registration Attorney to attend to the registration of the bond, the Purchaser shall be liable for the payment of the bond registration costs to such attorney. Initial: 10.2 : _ Notwithstanding the provisions of clause 10.1, the Purchaser will be liable for the payment of all fees and disbursements incurred or to be incurred by the Transferring Attorney and the Bond Registration Attorney in the signing of the transfer and/or bond documentation with any correspondent attorney. No such fees will be payable by the Purchaser if the transfer and mortgage bond documentation are signed at the offices of the Transferring Attorney and the Bond Registration Attorney or at any of their branches in the country. 10.3 . Notwithstanding the provisions of clause 10.1, the Purchaser will be liable for the payment of the costs relating to the issue of the insurance certificate in respect of the Property, as well as the initiation fees and/or valuation fees levied by the financial institution who approves his loan application in the event that the same is not debited against the home loan account with the said institution on the Transfer Date. 10.4 . If the Agreement is cancelled by the Seller due to the Purchaser’s breach of contract then this Agreement, the Purchaser shall immediately be and become liable for: 10.4.1 All for all waisted costs of the Transferring Attorney and/or Bond Registration Attorneys, arising out of or in connection with the preparation of transfer and bond documentation including other incidental charges relation to the registration of the transfer of the unit; and/or the Agent’s commission;

TRANSFER AND BOND COSTS. 10.1 9.1 The Seller SELLER shall be liable to pay the fees and disbursements of the Transferring Attorney and the Bond Registration Attorney. However, should the financial institution which approves the Purchaser’s loan application on its own accord or at the request of the Purchaser appoint an attorney other than the Bond Registration Attorney to attend to the registration of the bond, the Purchaser shall be liable for the payment of the bond registration costs to such attorney. Initial:. 10.2 9.2 Notwithstanding the provisions of clause 10.19.1, the Purchaser will be liable for the payment of all fees and disbursements incurred or to be incurred by the Transferring Attorney and the Bond Registration Attorney in the signing of the transfer and/or bond documentation with any correspondent attorney. No such fees will be payable by the Purchaser if the transfer and mortgage bond documentation are signed at the offices of the Transferring Attorney and the Bond Registration Attorney or at any of their branches in the country. 10.3 9.3 Notwithstanding the provisions of clause 10.19.1, the Purchaser will be liable for the payment of the costs relating to the issue of the insurance certificate in respect of the Property, as well as the initiation fees and/or valuation fees levied by the financial institution who approves his loan application in the event that the same is not debited against the home loan account with the said institution on the Transfer Date. 10.4 9.4 If the Agreement is cancelled by the Seller due to the Purchaser’s breach of contract contract, then the Purchaser shall immediately be and become liable for: 10.4.1 9.4.1 All waisted wasted costs of the Transferring and/or Bond Registration Attorneys, arising out of or in connection with the preparation of transfer and bond documentation including other incidental charges relation to the registration of the transfer of the unit; and/or the Agent’s commission;.

TRANSFER AND BOND COSTS. 10.1 The Seller shall be liable to pay the fees and disbursements of the Transferring Attorney and the Bond Registration Attorney. However, should the financial institution which approves the Purchaser’s loan application on its own accord or at the request of the Purchaser appoint an attorney other than the Bond Registration Attorney to attend to the registration of the bond, the Purchaser shall be liable for the payment of the bond registration costs to such attorney. Initial: 10.2 Notwithstanding the provisions of clause 10.1, the Purchaser will be liable for the payment of all fees and disbursements incurred or to be incurred by the Transferring Attorney and the Bond Registration Attorney in the signing of the transfer and/or bond documentation with any correspondent attorney. No such fees will be payable by the Purchaser if the transfer and mortgage bond documentation are signed at the Bedfordview offices of the Transferring Attorney and the Bond Registration Attorney or at any of their branches in the countryAttorney. 10.3 Notwithstanding the provisions of clause 10.1, the Purchaser will be liable for the payment of the costs relating to the issue of the insurance certificate in respect of the Property, as well as the initiation fees and/or valuation fees levied by the financial institution who approves his loan application in the event that the same is not debited against the home loan account with the said institution on the Transfer Date. 10.4 This clause is only applicable if the Purchaser is a foreign national or temporary resident of S outh Africa: The Purchaser’s attention is drawn to the fact that the transaction may incur additional fees from the bank and/or transferring attorney. The Purchaser will be liable for the payment of such additional fees and will be payable directly to the said bank or transferring attorney by the Purchaser upon request. 10.5 If the Agreement is cancelled by the Seller due to the Purchaser’s breach of contract then the Purchaser shall immediately be and become liable for: 10.4.1 10.5.1 All waisted wasted costs of the Transferring and/or Bond Registration Attorneys, arising out of or in connection with the preparation of transfer and bond documentation including other incidental charges relation to the registration of the transfer of the unit; and/or the Agent’s commission;

TRANSFER AND BOND COSTS. 10.1 The Seller shall be liable to pay the fees and disbursements of the Transferring Attorney and the Bond Registration Attorney. However, should the financial institution which approves the Purchaser’s loan application on its own accord or at the request of the Purchaser appoint an attorney other than the Bond Registration Attorney to attend to the registration of the bond, the Purchaser shall be liable for the payment of the bond registration costs to such attorney. Initial: 10.2 : Notwithstanding the provisions of clause 10.111.1, the Purchaser will be liable for the payment of all fees and disbursements incurred or to be incurred by the Transferring Attorney and the Bond Registration Attorney in the signing of the transfer and/or bond documentation with any correspondent attorney. No such fees will be payable by the Purchaser if the transfer and mortgage bond documentation are signed at the offices of the Transferring Attorney and the Bond Registration Attorney or at any of their branches in the country. 10.3 . Initial: Notwithstanding the provisions of clause 10.111.1, the Purchaser will be liable for the payment of the costs relating to the issue of the insurance certificate in respect of the Property, as well as the initiation fees and/or valuation fees levied by the financial institution who approves his loan application in the event that the same is not debited against the home loan account with the said institution on the Transfer Date. 10.4 . If the Agreement is cancelled by the Seller due to the Purchaser’s breach of contract then the Purchaser shall immediately be and become liable for: 10.4.1 : All waisted costs of the Transferring and/or Bond Registration Attorneys, arising out of or in connection with the preparation of transfer and bond documentation including other incidental charges relation to the registration of the transfer of the unit; and/or the Agent’s commission;.

TRANSFER AND BOND COSTS. 10.1 The Seller SELLER shall be liable to pay the fees and disbursements of the Transferring Attorney and the Bond Registration Attorney. However, should the financial institution which approves the Purchaser’s loan application on its own accord or at the request of the Purchaser appoint an attorney other than the Bond Registration Attorney referred to attend to in the registration of the bondInformation Schedule, the Purchaser shall be liable for the payment of the bond registration costs to such attorney. Initial:costs. 10.2 Notwithstanding the provisions of clause 10.19.1, the Purchaser will be liable for the payment of all fees and disbursements incurred or to be incurred by the Transferring Attorney and the Bond Registration Attorney in the signing of the transfer and/or bond documentation with any correspondent attorney. No However, no such fees will be payable by the Purchaser if he signs the transfer and mortgage bond documentation are signed at the offices of the Transferring Attorney and Attorney, the Bond Registration Attorney Attorney, or at any of their branches in the country. 10.3 Notwithstanding the provisions of clause 10.19.1, the Purchaser will be liable for the payment of the costs relating to the issue of the insurance certificate in respect of the Property, as well as the initiation fees and/or valuation fees levied by the financial institution who approves his loan application in the event that the same is not debited against the home loan account with the said institution on the Transfer Date. 10.4 If the Agreement is cancelled by the Seller due to the Purchaser’s breach of contract contract, then the Purchaser shall immediately be and become liable for: 10.4.1 All waisted wasted costs of the Transferring and/or Bond Registration Attorneys, arising out of or in connection with the preparation of transfer and bond documentation including other incidental charges relation to the registration of the transfer of the unit; and/or the Agent’s commission;.

TRANSFER AND BOND COSTS. 10.1 The Seller shall be liable to pay the fees and disbursements of the Transferring Attorney and the Bond Registration Attorney. However, should the financial institution which approves the Purchaser’s loan application on its own accord or at the request of the Purchaser appoint an attorney other than the Bond Registration Attorney to attend to the registration of the bond, the Purchaser shall be liable for the payment of the bond registration costs to such attorney. Initial:. 10.2 Notwithstanding the provisions of clause 10.1, the Purchaser will be liable for the payment of all fees and disbursements incurred or to be incurred by the Transferring Attorney and the Bond Registration Attorney in the signing of the transfer and/or bond documentation with any correspondent attorney. No such fees will be payable by the Purchaser if the transfer and mortgage bond documentation are signed at the offices of the Transferring Attorney and the Bond Registration Attorney or at any of their branches in the country. 10.3 Notwithstanding the provisions of clause 10.1, the Purchaser will be liable for the payment of the costs relating to the issue of the insurance certificate in respect of the Property, as well as the initiation fees and/or valuation fees levied by the financial institution who approves his loan application in the event that the same is not debited against the home loan account with the said institution on the Transfer Date. 10.4 If the Agreement is cancelled by the Seller due to the Purchaser’s breach of contract then the Purchaser shall immediately be and become liable for: 10.4.1 All waisted wasted costs of the Transferring and/or Bond Registration Attorneys, arising out of or in connection with the preparation of transfer and bond documentation including other incidental charges relation to the registration of the transfer of the unit; and/or the Agent’s commission;

TRANSFER AND BOND COSTS. 10.1 The Seller shall be liable to pay the fees and disbursements of the Transferring Attorney and the Bond Registration Attorney. However, should the financial institution which approves the Purchaser’s loan application on its own accord or at the request of the Purchaser appoint an attorney other than the Bond Registration Attorney to attend to the registration of the bond, the Purchaser shall be liable for the payment of the bond registration costs to such attorney. Initial: 10.2 : _ Notwithstanding the provisions of clause 10.1, the Purchaser will be liable for the payment of all fees and disbursements incurred or to be incurred by the Transferring Attorney and the Bond Registration Attorney in the signing of the transfer and/or bond documentation with any correspondent attorney. No such fees will be payable by the Purchaser if the transfer and mortgage bond documentation are signed at the offices of the Transferring Attorney and the Bond Registration Attorney or at any of their branches in the country. 10.3 . Notwithstanding the provisions of clause 10.1, the Purchaser will be liable for the payment of the costs relating to the issue of the insurance certificate in respect of the Property, as well as the initiation fees and/or valuation fees levied by the financial institution who approves his loan application in the event that the same is not debited against the home loan account with the said institution on the Transfer Date. 10.4 . If the Agreement is cancelled by the Seller due to the Purchaser’s breach of contract then the Purchaser shall immediately be and become liable for: 10.4.1 : All waisted costs of the Transferring and/or Bond Registration Attorneys, arising out of or in connection with the preparation of transfer and bond documentation including other incidental charges relation to the registration of the transfer of the unit; and/or the Agent’s commission;