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Amendments to Agreements of Sale

Amendments to Agreements of Sale

Property Agreements must be in writing and any changes in the negotiation of the contract must be properly recorded and initialled by all parties in order ensure validity.

A recent High Court decision illustrated exactly how vital it is to ensure that the intentions of both buyer and seller are properly recorded. In order to avoid any uncertainty, always make sure that all variations and additions are properly recorded and initialled.

 

Source – Stefan le Roux - Herold Gie Attorneys

 

14 Jun 2016
Author Stefan le Roux - Herold Gie Attorneys
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