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Home Sales Agreements

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Sales Agreements

Although there is no such thing as a “standard agreement of sale”, our contracts cover the very basics of what is needed to conclude a valid real estate transaction in Namibia.

 

Sale of Member’s Interest in Close Corporation


In order to effect the sale of member’s interest in a close corporation where the intention is for the property (sectional title unit or residential erf) “to change hands” by means of the transfer of the member’s interest (and claims) in the close corporation - ensure to make use of the correct and applicable agreement.

 


Sale of Land (Erf) or Sectional Title Unit


Two of the attached agreements could be used as it covers the most important areas in order to conclude a valid real estate transaction in Namibia. Please note that these agreements are NOT suitable to use for the sale of member’s interest in a close corporation or the sale of shares in a company where the intention is for the property “to change hands” by means of the sale of the member’s interest or shares in the legal entity.

 

 

Note that an agreement of sale remains a legal matter that requires knowledge and skill and is best left to an attorney who understands the theory and practice of property law and conveyancing.

 

For Tailor Made Sales and Lease Agreements please contact us now at:

36 Bismarck Street, Windhoek, Namibia

or

Tel: +264 81 3050 420


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Web: www.saulsjacobs.com