DIRECT MARKETING AND COOLING OFF. 20.1 In terms of section 16 of the Consumer Protection Act, if this transaction has resulted from direct marketing the Purchaser has the right to cancel this agreement without reason or penalty by written notice within 5 (FIVE) business days after the agreement was concluded.
DIRECT MARKETING AND COOLING OFF. 23.1 In terms of section 16 of the CPA, if this Agreement has been entered into as a result of direct marketing, meaning that the Purchaser was directly or indirectly approached either in person or by mail or electronic communication by the Seller or the Agent for the purpose of promoting or offering to supply, in the ordinary course of business, the sale of the Property hereby sold, the Purchaser would have been entitled to cancel this Agreement without reason or penalty by written notice within 5 (five) days after the Signature Date, or within 5 (five) business days after delivery of the Property.
DIRECT MARKETING AND COOLING OFF. 1.1 In terms of Section 16 of the CPA, if this lease agreement was concluded as a result of direct marketing, the Lessee has the right to cancel the agreement without reason or penalty, by written notice, within 5 (five) business days after the agreement has been concluded or after occupation of the property has been taken.
DIRECT MARKETING AND COOLING OFF. In terms of section 16 of the CPA, if this Agreement has been entered into as a result of direct marketing, meaning that the Purchaser was directly or indirectly approached either in person or by mail or electronic communication by the Seller or the Agent for the purpose of promoting or offering to supply, in the ordinary course of business, the sale of the Property hereby sold, the Purchaser would have been entitled to cancel this Agreement without reason or penalty by written notice within 5 (five) days after the Signature Date, or within 5 (five) business days after delivery of the Property. The Seller is therefore not prepared to enter into any agreement with the Purchaser if such agreement would have resulted from such direct marketing. The Purchaser therefore warrants that this transaction is not entered into if such direct marketing conducted by the Seller and the Seller enters into this Agreement relying entirely upon such warranty. The Purchaser understands that if, after delivery of the Property, the Purchaser is successful in cancelling this Agreement by relying upon the right of cancellation flowing from the direct marketing provisions of the CPA, the Purchaser shall be liable for damages suffered by the Seller as a result thereof on the basis of the Purchaser’s breach of this warranty. Initial: _ AGENT’S COMMISSION The Parties warrant that the Agent was the effective cause of the sale and that no other person or estate agent introduced the Purchaser to the Property or to the Seller, and the Seller shall be liable to effect payment of the Agent’s commission as agreed to between the Agent and the Seller. Notwithstanding anything to the contrary contained herein, the Purchaser specifically hereby agrees, in accordance with paragraph 8.1 of the Code of Conduct of The Estate Agency Affairs Board, and hereby irrevocably authorises and instructs the Transferring Attorney to pay the Reservation Deposit to the Agent part payment of commission, once: the full Purchase Price is secured by the Purchaser to the satisfaction of the Seller should the Purchaser not require mortgage finance as contemplated in clause 8.1 above; or once the bond registration attorney receives an instruction from the bank or other financial institution who approved the Purchaser’s loan application to attend to the registration of a mortgage bond over the Property or another property registered in the name of the Purchaser as security for the loan, should the Purchaser require mor...
DIRECT MARKETING AND COOLING OFF. 20.1 The Purchase Price of the Property exceeds R250 000.00 (Two Hundred and Fifty Thousand Rand), therefore, Section 29A of the Alienation of Land Act, No. 68 of 1981, as amended, does not apply, to this transaction;
DIRECT MARKETING AND COOLING OFF. In terms of section 16 of the Consumer Protection Act, if this Agreement has been entered into as a result of direct marketing, meaning that the Purchaser was directly or indirectly approached either in person or by mail or electronic communication by the Seller or the Agent for the purpose of promoting or offering to supply, in the ordinary course of business, the sale of the Property hereby sold, the Purchaser would have been entitled to cancel this Agreement without reason or penalty by written notice within 5 (five) days after the Signature Date, or within 5 (five) business days after delivery of the Property. The Seller is therefore not prepared to enter into any agreement with the Purchaser if such agreement would have resulted from such direct marketing. The Purchaser therefore warrants that this transaction is not entered into if such direct marketing conducted by the Seller and the Seller enters into this Agreement relying entirely upon such warranty. The Purchaser understands that if, after delivery of the Property, the Purchaser is successful in cancelling this Agreement by relying upon the right of cancellation flowing from the direct marketing provisions of the Consumer Protection Act, the Purchaser shall be liable for damages suffered by the Seller as a result thereof on the basis of the Purchaser’s breach of this warranty. Initial:
DIRECT MARKETING AND COOLING OFF. 22.1 In terms of Section 16 of the Consumer Protection Act 68 of 2008, if the PURCHASER entered into this Agreement as a result of direct marketing, meaning that the Purchaser was directly or indirectly approached either in person or by mail or electronic communication by the Seller or the Seller’s Agent for the purpose of promoting or offering to supply, in the ordinary course of business, the sale of the Property hereby sold, the Purchaser would have been entitled to cancel this Agreement without reason or penalty by written notice within 5 (five) days after the Signature Date, or within 5 (five) business days after delivery of the Property.
DIRECT MARKETING AND COOLING OFF. 18.1 In terms of section 16 of the Consumer Protection Act, if this sale has resulted from direct marketing (the approach to the Purchaser, either in person or by mail or electronic communication by the Seller, direct or indirect for the purpose of (i) promoting or offering to supply, in the ordinary course of business, any goods or services to the person, or (ii) requesting the person to make a donation of any kind for any reason. The term “electronic communication" is widely defined as including " communication by means of electronic transmission, including by telephone, fax, SMS, wireless computer access, email or any similar technology device") by the Seller or its agents, the Purchaser has a right to cancel this Agreement without reason or penalty by written notice within 5 (five) Business Days after the Agreement was concluded, or within 5 (five) Business Days after delivery of the Property.
DIRECT MARKETING AND COOLING OFF. 1.1 In terms of section 16 of the Consumer Protection Act, if this lease agreement was concluded as a result of direct marketing, the TENANT has the right to cancel the agreement without reason or penalty, by written notice, within 5 business days after the agreement has been concluded or after occupation of the premises has been taken.
DIRECT MARKETING AND COOLING OFF. 3.1 Should the CPA be applicable and this agreement have been concluded as a result of direct marketing, the Tenant may cancel this agreement by providing the Landlord written notice to that effect within 5 business days after this agreement has been entered into.
