Transfer Of Ownership Agreement Template for South Africa

1. Due Diligence: Section detailing any due diligence requirements or findings - include when the transfer involves complex assets or business property

2. Conditions Precedent: Any conditions that must be met before the transfer can take place - include when there are specific requirements that must be fulfilled

3. Encumbrances: Details of any existing encumbrances on the property - include when the property has existing bonds, servitudes, or other encumbrances

4. Environmental Matters: Environmental warranties and indemnities - include for industrial or commercial property transfers

5. Employee Matters: Treatment of employees in case of business transfer - include when the transfer includes a business as a going concern

6. Intellectual Property: Transfer of associated intellectual property rights - include when IP forms part of the transfer

7. Dispute Resolution: Detailed dispute resolution process - include for high-value transfers or complex transactions

1. Property Description Schedule: Detailed technical description of the property or assets being transferred, including diagrams or plans if applicable

2. Inventory Schedule: List of all items included in the transfer (for business or multiple asset transfers)

3. Outstanding Liabilities Schedule: List of any liabilities or encumbrances associated with the property

4. Transfer Timeline: Detailed timeline of the transfer process including key dates and milestones

5. Required Consents: List of all required regulatory or third-party consents needed for the transfer

6. Due Diligence Findings: Summary of due diligence findings and any identified issues

7. Existing Contracts Schedule: List of contracts associated with the property that will be transferred or terminated