Offer to Purchase Document

[AmithS]

Thanks Morticia, much appreciated

[duncan drennan]

Something to consider with a service station: in many cases the service station property (including pumps, etc.) is owned by the fuel company (I know this is, or at least was, the case with Caltex service stations). In those cases the property is rented from the fuel company by the business, and what is actually up for sale is effectively the goodwill of the business, rather than the property.

[AmithS]

Hi Duncan,

You are correct; therefore the lease is a very important aspect of the sale.

Also i think it is due to this reason that their is no VAT payable as their are no assets?

[Yvonne]

I can promise you that having legal advice - is not only necessary - it is essential.

Take this from someone who I think is the walking textbook case of "how not to".

The smallest wording in a legal document, when you have no understanding of the terms - can be overlooked.

"Tenancy is not conferred" - those few words placed us in a "blackmail" situation, leading to a substantial loss.

I would NEVER consider not using a lawyer to look after my interests.

If you cannot afford the lawyer, sorry this is a personal opinion, then you are not in a position to risk buying at this time.

Yvonne

[Marshini]

Offer to purchase on a diesel depot

Hi there,

I am in search of the exact same thing, please could I ask for your help?

Offer to purchase for the Sale of a Diesel Depot.

Kind Regards
Marshini

[BBBEE_CompSpec]

I have a Freeware programme that generates documents for you. I can send it to you if you want it.

[AmithS]

PM your email address and i will send you the one i have

[BBBEE_CompSpec]

Shaun Higley
BBBEE Compliancy Specialists
PO Box 970
Queenstown, 5320
0790639700
0866543726 (fax)
higleyspf@gmail.com
BBBEECompSpec@live.co.za
BBBEECompSpec@live.com

http://www.BBBEECompliancySpecialists.Law.officelive.com

[BBBEE_CompSpec]

Small Business Legal Pro 2.0

[sterne.law@gmail.com]

This is a bit questionable - as the seller pays the commision to the agent, obviously this amount is built in to the price. The norm is a deposit, best held in trust, should a buyer breach the contract, the deposit is forfeited, the spoils of which the agent and seller can scrap for. If I read your question correctly, with some surmising, the agent is wanting to get his/her commision no matter what. A breach does not occur where the suspense conditions are not forfilled, such as financing, obtaining lease etc, etc and hence there can be no benefit to seller or agent for this. The breach occurs where the buyer reneges and decides not interested or the buyer has misled etc, etc

[Steenekamp]

offer to purch

Hi Everyone,

Does anyone have an offer to purchase document that they can pass onto me to use as a base?

I will provide my email address.

Thanks in advance.

Find it at: http://www.saprop.com/info_and_links...o_purchase.DOC