Screening + Pass, reserve · ? Review, size · ? Review, market

Flags · 4

• nobody with standing has signed off the conveyancing fee bands, which moved a figure here
• commission scale not recited in the notice - configured fallback used
• the municipal arrears ceiling is aged to the 2020-opened case: R240000 against the R80000 base, at R30000 a judgment-year capped at R240000 - unconfirmed model parameters, and still a provision, not a quote
• VAT status is not recited, and notices do not state it: modelled as a transfer-duty sale at R1200. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R187500 in its place.

• The municipal arrears figure is a provision, not a quote. A non-owner may not obtain the clearance figure from the municipality; the sheriff gives an estimate on the day. Do not bid against the midpoint of this range.
• Attorneys for the execution creditor: HANNES GOUWS & PARTNERS INC. ((012) 321-1008). This is the practical route to an arrears figure before auction day.
• Transfer duty is normally paid to SARS through the conveyancer before registration, not on auction day. Section 7.2 includes it in the auction-day figure; confirm the timing with the conveyancer.