Common use of TRANSFER AND TRANSFER COSTS Clause in Contracts

TRANSFER AND TRANSFER COSTS. 8.1 Provided the Purchaser has complied with all his obligations as set out in this Agreement and in particular has paid the Deposit, delivered the guarantee referred to in Clause 5 above and paid any other amounts owing in terms of this Agreement, registration of transfer of the Property shall be given by the Seller and taken by the Purchaser as close as possible to the Transfer Date. 8.2 The Seller shall be liable for and shall on demand pay to the Transferring Attorneys any transfer fees plus VAT that may be payable by reason of this Agreement. If the Purchaser has to register a mortgage bond over the Property, the bond will be registered by the Bond Attorneys and the Purchaser shall pay all costs in respect of the registration of such a mortgage bond, including the Initiation Fee. 8.3 The Purchaser shall not be entitled to delay transfer or withhold any monies by virtue of the fact that any improvements of any of the xxxxx comprising the Development, is not fully completed on the date that transfer is tendered to him. 8.4 The Parties irrevocably authorizes the Transferring Attorneys to sign all necessary declarations and applications on their behalf to enable them to obtain the necessary transfer duty exemptions.

TRANSFER AND TRANSFER COSTS. 8.1 9.1 Provided the Purchaser has complied with all his obligations as set out in this Agreement and in particular has paid the Deposit, delivered the guarantee referred to in Clause 5 above and paid any other amounts owing in terms of this Agreement, registration of transfer of the Property Erf shall be given by the Seller and taken by the Purchaser as close as possible to the Estimated Transfer Date. 8.2 9.2 The Seller shall be liable for and shall on demand pay to the Transferring Attorneys any transfer fees plus VAT that may be payable by reason of consequential to this Agreement. . 9.3 If the Purchaser has to must register a mortgage bond over the PropertyErf, the bond will be registered by the Bond Transferring Attorneys and the Purchaser shall pay all costs in respect of the registration of such a mortgage bond, including the Initiation Fee. 8.3 9.4 The Purchaser shall not be entitled to delay transfer or withhold any monies by virtue of the fact that due to any improvements of any of the xxxxx comprising the Development, is Development not being fully completed on the date that transfer Transfer is tendered to him. 8.4 9.5 The Parties irrevocably authorizes authorize the Transferring Attorneys to sign all necessary declarations and applications on their behalf to enable them to obtain the necessary transfer duty exemptions.