Examples of Property Practitioner in a sentence
DECLARATION BY PROPERTY PRACTITIONER: 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.
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.
In the event of a breach of this agreement, the defaulting party shall be liable for all legal costs incurredby the Property Practitioner in enforcing its rights arising herefrom, on an attorney and client scale, including collection commission.
A deposit of 5% (FIVE PERCENT) of the Purchase Price shall be payable to the Property Practitioner on the signing of these Conditions of Sale by the Purchaser or R50 000.00 whichever is greater.