6 Further Questions To Ask Before Signing An Offer To Purchase

1. Check for practical issues like local fibre availability, crime levels, schools. Also make a point of what fixtures and fittings will stay or go.
   
2. Are there tenants in the property, and if so, what is their status? What does the deed of sale say about when they will vacate?
   
3. When does the buyer take possession and occupation? (Possession happens on transfer and the parties can decide on the occupation date.)
   
4. The parties must agree on the date of transfer. They must also confirm the amount for occupational rent. Rates, taxes and levy charges must also be taken into account.
   
5. If I buy in a sectional title complex, what rules and regulations will I be bound to? Is there a danger of a special levy being applied? Make sure the financial statements of the body corporate are in a healthy state.
   
6. Have I as a seller appointed my choice of transferring attorney (conveyancer)?

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