COMMERCIAL PROPERTY: LIQUIDATION ONLINE AUCTION
COMMERCIAL PROPERTY: LIQUIDATION ONLINE AUCTION
Opens 11 Aug at 09:00 and closes on 14 Aug from 14:00
Venue: Unit 2, 19 Bernie Street, Kya Sand Ext 26
Viewing: By appointment only
Contact Person: Gerard Harding 064 758 2738
Registration Fee | : | R10 000 refundable fee |
Confirmation Period | : | 14 days confirmation period by the seller |
Deposit on Purchase Price | : | 10% payable by electronic transfer (EFT) |
Guarantees on Balance | : | 30 days from date of acceptance |
Buyer’s Commission | : | 5% plus VAT over & above purchase price |
Outstanding Rates and Taxes & Levies | : | SELLER is liable for all outstanding rates and taxes & levies |
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Bidders must adhere to FICA requirements on registration. No cash will be accepted at the auction. No exceptions. Successful buyers must become members of the Home Owners Association (If applicable) Rules and regulations attached | ||
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TO PARTICIPATE IN THIS ONLINE AUCTION, PLEASE DOWNLOAD RULES OF AUCTION - BIDDER PARTICIPATION FORM. Please email back to - auction@tirhani.co.za by the cut-off date.
By signing the Rules of Auction and Bidder Participation Form, you the bidder/buyer consent and agree to be bound by the Auctioneers General and Specific Rules of Auction in addition to any other conditions specified by the Auctioneer or the Seller. These Rules of Auction are not negotiable, so if you do not agree with them do not register to bid on this auction.
This auction is 'With Reserve'. Although you may be the ‘High Bidder’ for a Lot, note that if the Reserve is not met, there is no commitment from the Seller to sell. Tirhani Auctioneers reserve the right to extend bidding, continue the bidding, or close the bidding. Control of the auction shall be entirely managed by the auctioneer, who has the sole right to regulate the bidding process and control the bid increments. The auction will be conducted per rising bid in South African Rands.