1 reviews | Active since Jan 2018
Be careful with standard Seeff OTP agreements
Advice to any buyers signing the standard Seeff properties OTP Offer to Purchase agreement, make sure you focus on some specific clauses in their agreements. 1. Clause 6. Continued Marketing, ensure that the agreement states something in the favour of the Purchaser and not the Seller 2. Clause 8. Transfer - be careful of the "or as soon as possible thereafter in the circumstances" especially when the Seller is at fault and has caused the delay. 3. Ensure that you have protective clauses should the seller delay the transfer - generally clause 12. Mora Interest 4. If purchasing in Cape Town - ensure that Entomologist Report (Beetle report) includes (not excludes) any and all wendy houses, garden sheds, carports, fences and similar structures. Generally clause 17. Entomologist Report. 3.
