voetstoots definition

voetstoots means the selling of goods/property in their present condition on auction, “as is”, “where is”, with no express or implied guarantees or warranties regarding the condition and fitness of the goods/property for a particular use. Buyers participate in auctions and bid at their own risk; hence they are advised to inspect the goods/property on offer prior to the commencement of the auction.
voetstoots means the selling of property in its present condition on auction, “as is”, “where is”, with no express or implied guarantees or warranties regarding the condition and fitness of the property for a particular use.
voetstoots or ‘as is’ clause means that you are buying or renting the goods as they appear. In other words, they exclude the seller’s liability forlatent defects’. These are faults with the goods that existed when the parties entered the contract, and were not visible after a ‘reasonable’ inspection.

More Definitions of voetstoots

voetstoots. 8.1. The Purchaser shall accept occupation of the completed unit as it stands on the occupation date. The unit once complete is sold voetstoots, and unless written advice is delivered or handed to the Seller within 21 (TWENTY ONE) days of the occupation date, specifying any defects, the unit shall be deemed to have been sold free of any patent defect. The Seller shall remedy any defect so specified in writing within 30 (THIRTY) days of receipt of such written notice, provided the Purchaser provides the Seller with access, failing which this period will be extended accordingly.
voetstoots means the selling or purchasing of goods or assets at one’s own risk, without warranties nor guarantees as to the condition and/or the fitness of the goods or assets for a particular use otherwise known as “as is, where is” and “in its present condition” whereby Purchasers are responsible for examining and judging the goods or assets for their own protection.
voetstoots. SALE – WARRANTIES The property is sold -
voetstoots mean? The clause means that the property is sold “as it is” or “as it is”. The buyer therefore acquires the property with all patent and hidden defects. To put it simply, apparent defects are defects that are visible to the naked eye and do not require expert opinion, hidden defects, which would not normally be detected during a normal inspection, such as a leaking roof. Patent defects are always the buyer's responsibility, unless otherwise stated in the contract. Xxx xxx Xxxxx x. Xxxxx 1991 (2) SA 1 (A) van der Merwe x. Xxxxx is a leading authority on the Voetstoots clause. The case sets the main criteria for assessing the Seller's liability for the property sold and states that the seller is deprived of protection according to the above provisions. The clause under the following circumstances:- a) when the seller knew about the defects of the property in concluding the contract; and b) the seller (mino) deliberately concealed the existence of a defect with the intention of expropriationBuyer. Obviously, xxx xxx Xxxxx vs Xxxxx submitted difficult evidence of the buyer, because the buyer had to prove that the seller was aware of the defect and the intention of deceiving the buyer to manage the seller to protect the protection according to the Voetstooth clause. In the past, the seller often easily rejected the second phase of this fraud test. Xxxxxx and other vs Duckar and other
voetstoots. The voetstoots clause is void through the warranty provisions in the CPA. In particular, s 54 provides that services must be warranted (including the goods that are installed or maintained with the service). Section 55(2) read with s 56 ensures a supplier warrants goods for six months; and s 57 warrants new or reconditioned parts installed for three months or longer.
voetstoots means the action of buying something “as is”;

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