Property Practitioner definition
Examples of Property Practitioner in a sentence
Thereafter, the Property Practitioner shall pay over to the Seller or the Seller’s conveyancer (at the election of the Seller or the Property Practitioner) the said deposit amount (hereinafter referred to as “the trust amount”), after deducting agreed costs, disbursements and expenses.
In the event that any payment or obligation is not paid in full on the due date, interest will be payable by the defaulting party thereon and calculated at the prime overdraft rate, as determined by the main bankers of the Property Practitioner, plus 2 % per annum calculated from the date of default until the date that the default is remedied, both days being included.
I, the undersigned , being the Property Practitioner who conducted the auction, hereby certify that the Rules of Auction are, to best of my knowledge and belief, according to the requirements of Regulation 21 of the Consumer Protection Act, Act 68 of 2008.
In the event of a breach of this agreement, the defaulting party shall be liable for all legal costs incurred by the Seller or Property Practitioner in enforcing any of their rights arising herefrom, on an attorney and client scale, including collection commission.
The Tenant is responsible to keep all proof of payments made to the Property Practitioner.