AGREEMENT OF SALEGroot Parys Lifestyle Estate • January 21st, 2020
payable as follows: 1.5.1 Payment no. 1 – Deposit payment on Signature Date: Percentage % 10% Accumu- lative % 10% 1.5.2 Payment no. 2 - On Transfer Date: 25% 35% (*35% (Thirty Five Percent) of the sales price represents the value of the Erf.) 1.5.3 Payment no. 3 – Construction up to windowsill height: 15% 50% 1.5.4 Payment no. 4 – Construction up to roof height: 10% 60% 1.5.5 Payment no. 5 – Construction up to installation of floor screeds: 20% 80% 1.5.6 Payment no. 6 – Construction up to internal painting: 10% 90% 1.5.7 Final Payment no. 7 – Construction complete and Occupation Certificate issued by Local Authority: 10% 100%
