Common Contracts
1 similar Agreement of Sale contracts
AGREEMENT OF SALEAgreement of Sale • February 2nd, 2017
As a result of the South African Revenue Services doing risk analysis on both the transferor and the transferee on all property transactions both the SELLER and the PURCHASER warrant to each other and the agent that all tax issues (whether personal or otherwise) including but not limited to tax returns and tax payments are current and up to date. The defaulting party will be liable for all costs incurred and damages suffered by the aggrieved party as a result of a breach of this warranty. The aggrieved party shall also be entitled to place the defaulting party on terms and thereafter cancel this agreement should this warranty be breached. These remedies are in addition to all rights which the parties have in terms of this agreement or in Law.
