Registration on Auction day
Fica Registration
WHAT IS NEEDED FOR REGISTRATION
ID Book
Proof of Residence
Letter of authority to sign on behalf of a juristic entity
R10,000.00 refundable registration deposit prior to the commencement of the auction by way of Cash
OR
Electronic Funds Transfer (EFT)). No Credit or Debit Cards accepted
PAYMENTS IMMEDIATELY AFTER THE AUCTION
10% Deposit as well as 5% auctioneers commission plus VAT on commission, immediately after the sale by way of cash or electronic funds transfer. Unfortunately no exceptions due to our mandate.
Non payment of 10% deposit and 5% auctioneers commission will be viewed as cancellation by purchaser and will result in an immediate reselling of property, among those present.