2 x AGRICULTURAL FARMS IN THE SETTLERS (BELA-BELA) AREA ONLINE ONLY AUCTION (IN LIQUIDATION)
2 x AGRICULTURAL FARMS IN THE SETTLERS (BELA-BELA) AREA
Auction Open | Monday 13 March 2023 @11:00 |
Auction Close | Wednesday 15 March 2023 from 13:00 |
TO PARTICIPATE IN THIS ONLINE AUCTION, PLEASE COMPLETE THE RULES OF AUCTION / BIDDER PARTICIPATION FORM (DOCUMENTS TAB).
By signing the Rules of Auction, you 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.
LOT 1: Farm 764 Nienhof Reg Div: JR, Limpopo. Opening Bid R4 000 000 (Four Million Rand) (IN LIQUIDATION)
LOT 2: Portion 7 of Farm 13 Langkuil, Reg Div: JR Limpopo. Opening Bid R2 000 000 (Two Million Rand) (IN LIQUIDATION)
Property details can be found in the individual lot information.
CONTACT PERSON: GERARD HARDING 064 758 2738
IMPORTANT INFORMATION:
This auction is WITHOUT Reserve and is Subject to Confirmation (STC) by the Seller.
Possession and/or occupation of the Property will be given to the Purchaser on DATE OF REGISTRATION
Notice to Buyers & Disclaimer
Master’s Reference: T002056/2022
Registration Fee | R10 000 |
|
Confirmation Period | 21 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 | 4% plus VAT over & above the purchase price due and payable against registration of transfer of the property into the PURCHASERS name | |
Outstanding Rates, Taxes, and Levies | The Seller is liable for all outstanding rates, taxes & levies |
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.
EXTENDED BIDDING: This auction features EXTENDED BIDDING. Any lot with a bid within 2 (TWO) minutes of its scheduled closing time will remain open for bids past its normal close; it will go into extended bidding. Cascading Closing: Items will not begin to close while the item immediately preceding is still accepting bids.
MAX BIDDING: When you place your maximum bid, it will be placed at the reserve price if said max bid exceeds the reserve. If the Max Bid amount is below the reserve, the bid will be placed for the full amount. The 'System' will automatically bid against you at the set increment until reserve is met, at which point the system will stop. If you are the highest bidder, the lot will be sold to you, unless another bidder out bids you.
TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software, Internet or any other online auction-related technologies, Tirhani Auctioneers reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Tirhani Auctioneers shall be held responsible for a missed bid or the failure of the software to function properly for any reason.
FOR MORE INFORMATION
Bernard Decombes Bidding System Queries & Support | +27 (0) 82 327 4578 |
Charlotte Mutsharini Bidding System Queries & Support | +27 (0) 82 329 8194 |
Gerard Harding Property Queries | +27 (0) 64 758 2738 |
Stacy-Lee Campbell Online Registration & General Queries | +27 (0) 82 327 4580 |
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. 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.