INSTALMENT SALE AGREEMENTS IN TERMS OF THE ALIENATION OF LAND ACT – AN OPTIONInstalment Sale Agreement • July 26th, 2017
Contract Type FiledJuly 26th, 2017With the current recession and difficult times South Africa is facing, it is becoming more and more difficult for prospective home owners to purchase property of their own. The Alienation of Land Act, 68 of 1981 (“the Act”) comes in as a saving grace to such prospective purchasers by affording them the opportunity to acquire property by way of an Instalment Sale Agreement in terms of the Alienation of Land Act (“Instalment Sale Agreement”).