(Six percen ) on the f rs R100 000 00; 3 5% on R100 001 0 0 o R 400 000 00 and 1 5% on he ba a nce o the proceeds of the s a e subject to a max mum commiss on of R40 000 0 0 plus VAT if appl cab e a nd a minimum of R3000 00 plus VAT f appl cabl e TAKE FUR THER NO TICE TH AT 1 The sale n execut on s conducted n acc ordance to the Consum er Prot ec ion Ac 68 of 2008 as am ended in pursuance of an order granted aga nst the Judgmen Deb or or money ow ng to the Execut on Cred tor
2 The ru es o this auct on and cond t ons o sa e may o f ce 1st Floor Un t 7 Burnside Is and O f ice P ark 410 Jan Smuts Avenue Craigha l durin g off ce ho urs 3 Registration as a buyer s a pre-requ s te subject to cond t ons n e r al a A) D rect ve o the Consumer Protec ion Ac t 68 of 2 008 (URL ht p: /www nfo gov za/ view DownloadF i eAct on?i d 99961)
B) F CA egis a ion i r o proo of i denti y and add ress part cu ars A l bidders are requ red to present the r Ident ty Do cument w th pr oo o res dence or FICA comp ance
C) Al bid ders are requ red to pay R50 000 00 (refunda ble) regis rat on ee on e (1) day pr or to the date of sa e EFT or bank guaran ee d che q ue NO C ASH ACCE P TED n order to obta n a buyers c ard D) The Purcha ser shal pay to the Sh er ff a depos t o 10% of the purchase price via EFT or by bank guaranteed cheque on the day o the sa e The ba ance s ha be pa d a ga nst rans er and shal be secur ed by a g uarantee ssued by a f nanc a nst tution approved by he execut on cred tor or his or her a torney and shal be furn shed to the Sheri f w thin twenty one (21) days after