agreement of sale of immovable property auction - Pam Golding ...

35.1. Transfer of the property shall be passed by the Seller's conveyancersas soon as possible after the signature date.5.2. The Purchaser shall pay all transfer costs to enable registration oftransfer of the property into its name including transfer duty or VAT(whichever is applicable), transfer costs, survey costs and costs ofdiagrams and all other costs necessarily incurred, which amountsshall be paid by the Purchaser upon demand by the Seller'sconveyancers.6. Possession, Occupation and Risk6.1. Possession and occupation of the property shall be given by the Sellerto the Purchaser on the transfer date, from which date all risk in andbenefit to the property shall pass to the Purchaser.6.2. The Seller warrants that the property shall be maintained in the samecondition from the signature date to the transfer date, fair wear andtear excepted.7. Rates, Taxes and Sundry Charges7.1. Liability for all rates, municipal or otherwise, taxes, body corporatelevies and other proprietary charges payable in respect of the propertyshall be apportioned between the Seller and the Purchaser, the Sellerbeing responsible for a proportionate share for the period prior to thetransfer date and the Purchaser for a proportionate share thereafter.7.2. The Purchaser shall upon request of the Seller's conveyancersdischarge the sum so payable under clause 7.1.8. Warranties and Acknowledgements8.1. The Seller and the Purchaser ("the parties") each acknowledge thatthey have read and understood the conditions of auction ("theconditions of auction") of Pam Golding Commercial as were readand/or displayed at the auction and agree to be bound by suchconditions of auction.8.2. The parties agree and acknowledge herewith that no warranties orrepresentations were given or made by any of the parties, or theirrepresentatives that have not been embodied in this agreement ofsale as signed by the parties.