Auction Pre Register





If an individual, marital status (tick appropriate box):
         

If a Company or Close Corporation:
Annual turnover is     R2,000,000
Asset value is     R2,000,000



How will you be paying your R25 000 registration deposit?
      

Please bring the following to the auction:
1. Proof of payment
2. Copy of ID
3. Proof of residence
4. Letter of authority so sign on behalf of a juristic authority

Bidding Terms & Conditions:


1. Acknowledges and understands that he/she shall not be entitled to bid until such time as the Auctioneer's R25 000,00 registration fee has been paid or secured to the Auctioneer's satisfaction;
2. Acknowledges himself/herself to have read, understood and be bound by the Auctioneer's terms and conditions of auction;
3. Acknowledges and understands that, in respect of lots subject to a reserve, should his/her bid be knocked down as the highest bid in respect of any lot bid upon, such bid shall constitute an irrevocable offer to purchase the relevant lot at such price, which offer shall remain open for acceptance by the seller of the lot for a period of 5 business days;
4. Acknowledges and understands that, in respect of lots not subject to a reserve, should his/her bid be knocked down as the highest bid in respect of any lot bid upon, then such lot shall be deemed to have been sold to the bidder at such bid;
5. Acknowledges and understands that any sale of immovable property by way of public auction shall be binding on the bidder, and does not need to be recorded in a written agreement, in accordance with the provisions of Section 3(1) of the Alienation of Land Act 68 of 1981.
6. Acknowledges and understands, notwithstanding the contents of paragraph 4 above, that should his/her bid be the highest bid on any lot, he/she will then be obligated to sign the Auctioneer's standard agreement of sale by public auction, which agreement the bidders acknowledges himself/herself to have acquainted himself/herself;
7. Warrants, in the event that he/she is bidding on behalf of another person/company/close corporation or trust, that he/she has all necessary authority to do so and to bind such party to any consequent sale, and will produce written proof of such authority upon request.
8. Acknowledges that in the event of allowing the paddle allocated to the bidder to be used by any other bidder whether registered or not, shall remain liable for performance.


ONCE YOU HAVE READ AND UNDERSTOOD THESE TERMS AND CONDITIONS PLEASE CLICK SUBMIT



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