The Purchase Procedure

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Stands in Erf1 1 may be reserved by completing and signing a ‘Letter of Intent'.

A reservation deposit of R150,000.00 is payable to the Trust Account of the Transferring Attorneys Deneys Reitz Inc. This deposit will bear interest in terms of S78(2)(A) of the Attorneys Act to the benefit of the Purchaser pending registration of Transfer.

A formal Agreement of Sale and related documentation including Architectural Guidelines and Buidling Rules will be finalised shortly, and Purchasers who have reserved stands will be contacted during January and will be required to sign an Agreement of Sale within 21 days of being called upon to do so.

Sub-division of Erf 1 is anticipated to be approved by the Surveyor General early in 2008, after which the Proclamation process will be undertaken.

We envisage being able to commence with transfers by May next year.

On registration of transfer an owner is obliged to become a member of the Mjejane Home Owners Association Section 21 Company and be bound by it’s Memorandums of Articles and Association for as long as he remains an owner of a stand, which documentation will be available for inspection.

On registration of transfer, the owner becomes liable for payment of the monthly levy to the Mjejane Home Owners Association.

Building must commence within 36 months from date of registration into the name of the Purchaser. Once commenced, building works must be completed within 12 months.

Building plans and operations must comply with the regulations as laid down in the Architectural Guidelines and Building Rules, subsequent to the approval thereof by the Estate Architect and Aesthetics Committee.

No styles or themes have been adopted for Mjejane. The vision for this development can be described as sophisticated modern African design, embracing crisp, warm modern architecture with strong graphic qualities and honesty in the selection of materials.