REGISTRATION FORM: CITY OF CAPE TOWN PROPERTY DISPOSAL (ERVEN 7152 & 7153, CONSTANTIA - KIRSTENHOF) SALE CLOSING: 28 JUNE 2016 AT 11:00AM
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1 REGISTRATION FORM: CITY OF CAPE TOWN PROPERTY DISPOSAL (ERVEN 7152 & 7153, CONSTANTIA - KIRSTENHOF) SALE CLOSING: 28 JUNE 2016 AT 11:00AM We wish to thank you for registering at our Property Auction. In order to participate in this City of Cape Town Auction, we require this document to be completed in full and submission of all relevant documents to enable your bidding rights. Please note that this form should be completed by the person / entity who will be the purchaser of the Property. PLEASE FURTHER NOTE THAT THIS COMPLETED REGISTRATION FORM TOGETHER WITH THE SUPPORTING DOCUMENTS MUST REACH US 1 WEEK PRIOR TO THE CLOSING OF ONSITE AUCTION IN ORDER TO PERFORM THE NECESSARY CREDIT CHECKS. -Payment of the refundable Registration fee must be made 1 WEEK prior to the date of the auction. Only payments made by direct deposit or by EFT or bank guaranteed cheques will be permitted. (No cash or other cheques will be permitted) -Any refunds will only be made in South African Rand and in no other currency. Deposits can only be refunded into the nominated bank account and no other bank account. It shall be your responsibility to ensure that all bank details and other information provided on the form is correct. -GoIndustry reserves the right to prevent any person from participating in this auction if there is noncompliance with any requirements in the registration form, lacks capacity to enter into any contract with the seller, a poor credit record or if there has been any fraud, misrepresentation or a contravention of any laws of the Republic of South Africa. - By completing and submitting the form, I warrant and confirm that all information supplied on this registration form is true and correct at the time of submission. I consent to GoIndustry credit vetting me and or the company or close corporation or trust which I represent at this auction as reflected on this registration form as well as contacting any person to verify that the information supplied is correct. There are 5 sections to this document; Section A: Your details Section B: FICA requirements (including a copy of your Identity document or passport and proof of residence not older than 3 months, most recent rates account and copy tax clearance certificate) Section C: Financial requirements (including a bank stamped document with proof of funds) Section D: Declaration of interest Section E: Authority and consent to perform credit profile verification Section F: Resolution passed at a meeting of the members / directors / trustees (If bidding on behalf of a juristic person) There is a checklist at the end of section A to make sure you haven t forgotten any details. We require you to return all sections with the relevant documents attached as per the checklist. Please remember that this is a vetted auction and a refundable deposit is payable. Please see page 2 for banking instructions. Kindly return all documents either by Fax or to the following: Fax: +27 (0) st Floor Silverberg Terrace Steenberg Office Park Tokai, Cape Town, South Africa +27 (0) Melrose Boulevard Melrose Arch, Johannesburg, South Africa
2 SECTION A : BIDDER S DETAILS Bidder No: (for office use only) Full Name Identity / Passport Number Income Tax Number (SARS) Physical Address City Postal code Country Telephone Mobile Facsimile Website Address Company name Company Registration Number Vat Number Does your annual turnover or asset value currently equal or exceeds two million Rand (R ) In order to participate in this Auction, a refundable deposit of R (Ten thousand rands) is payable. Please state your intended budget for this auction event R. GoIndustry DoveBid SA (Pty) Ltd reserves the right to call for a further deposit up to 10% of your intended spend should this be deemed necessary. The deposit shall be held in a non-interest bearing trust account of GoIndustry DoveBid SA (Pty) Ltd pending the announcement of the Sale. If you are not the successful bidder, this deposit will be refunded to your nominated bank account within 5 working days of the closure of sale. (Please Note: Only monies which have been reflected or cleared in our account can be refunded) Account Name GoIndustry Dovebid (SA) (Pty) Ltd Bank Nedbank Limited Account Number Branch Code Swift Code (international) NEDSZAJJ Reference Number (Please use your company and sale name) Deposit Refund Bank: Account Name: Account Number: Branch Code: Swift Code: References Financial Director Bank Contact Person
3 CHECKLIST: Please sign in the relevant boxes. I have read, understood and agree to the Rules of Auction pertaining to this sale I have attached a copy of my Identity Document or Passport and Proof of residence I have attached the signed the Declaration of Interest & Credit Check Authorisation I have attached a Company Resolution authorising me to bid on behalf of the said company (if Applicable) (Should you be bidding on behalf of a company it s required by the Consumer Protection Act 68 of 2008 to furnish a company resolution authorising you to bid) I have attached the proof of payment for the refundable deposit Please Note: Without accepting or furnishing the required documentation, your bidding rights may NOT BE APPROVED. Bidders are hereby made aware that in the event of cancellation of a transaction due to breach of contract by the purchaser, and/or late payment or non-payment of the deposit, buyers premium and/or purchase price, the refundable deposit paid to GoIndustry will be forfeited. I understand and agree that all the properties have a reserve price and should it be met, this does not mean that the offer has been accepted by either the seller or the auctioneer and will the offer be sent to the seller for their acceptance and confirmation as per the conditions of sale. I understand that it is within the sellers sole discretion to accept or reject any offer and should my offer be rejected I shall have no recourse against the seller or the auctioneer. I acknowledge and understand that it is my responsibility to read and understand the property information pack made available by the Auctioneer and to familiarise myself with all details relating to the property I am interested in, prior to the auction I acknowledge understanding that, as this auction is a public auction and direct marketing was not done, no coolingoff period will apply and I will not be entitled to cancel the sale after being informed of acceptance of my successful bid I understand and accept that the seller may be entitled to cancel this sale prior to the auction and I will have no recourse against the seller or the auctioneer for any losses or damages suffered by me or the entity that I represent arising from such cancelation I understand and acknowledge that the Auctioneer has the right to deny my registration in the event that is does not comply with the necessary requirements I understand that if I wish to view this property I must make arrangements with the auctioneer at least 5 working days prior to the auction. I hereby confirm that I am duly authorised by the registered participant to participate in this auction and furthermore warrant on behalf of the registered participant that we have read, understood and agreed to the terms and conditions, rules of auction and Offer to Purchase pertaining to this auction and available on the GoIndustry DoveBid website at Signed by: Name Date Signature From time to time, GoIndustry DoveBid may wish to contact you on our future sales. Should you not wish to receive such communication, kindly check this box
4 SECTION B: FICA REQUIREMENTS [Please complete and sign the following]: I,, hereby confirm that I have attached the following FICA documentation to the above registration form: I. FICA REQUIREMENTS: Natural Persons 1. South African identity document (foreigners: passport); 2. Utility bill addressed to your residential address less than 3 months (accounts for mobile phones are not acceptable); 3. South African Income Tax reference number. 4. Confirmation of marital status, i.e. unmarried or married 5. Most recent rates account 6. Tax clearance certificate 2. If Married 2.1 Marriage certificate. 2.2 IF IN COMMUNITY OF PROPERTY (NO ANTENUPTIAL CONTRACT) S.A. identity document (foreigner: passport) of your SPOUSE. 2.3 IF OUT OF COMMUNITY OF PROPERTY (BY ANTENUPTIAL CONTRACT ("ANC") Page 1 (and page 2 if necessary) reflecting the registered number and names of both parties 2.4 IF OUT OF COMMUNITY OF PROPERTY WITH ACCRUAL (BY ANC ) Page 1 (and page 2 if necessary) reflecting the registered number and names of both parties 2.6 IF YOUR MARRIAGE IS GOVERNED BY THE LAWS OF ANOTHER COUNTRY / STATE S.A. identity document (foreigner: passport) of your SPOUSE; Name of the country/state governing your marriage, i.e. the country where the husband was living at the time of the marriage with the intention of staying there permanently. II. FICA REQUIREMENTS: Entities 1. PERSON ACTING ON BEHALF OF THE ENTITY MUST COMPLY WITH PARAGRAPHS 1 TO 4 ABOVE. 2. ALL DIRECTORS / MEMBERS / TRUSTEES MUST ALSO COMPLY WITH PARAGRAPHS 1 TO 4 ABOVE. PLUS THE FOLLOWING: Companies: 1. CM1. 2. CM22. Close Corporations: 1. CK1; and, if applicable,
5 2. CK2. Trusts: 1. Letters of Authority / Master's Certificate; 2. Trust Deed and all amendments thereto. 3. Resolution to approve the purchase (and loan application, if applicable) taken before the Agreement of Sale was signed. (The only exception is where it is a cash transaction and all the Trustees have signed the Agreement of Sale.) Detailed FICA requirements for Entities will be supplied to such Purchasers, in due course. FICA requirements for Other Entities, if applicable, will be supplied to such PURCHASERS
6 SECTION C: FINANCIAL REQUIREMENTS [Please complete and sign the following]: I,, hereby confirm that I have attached the following financial documentation to the above registration. Please forward a bank stamped copy of the purchasers bank statement from where the purchase price and deposit will be paid. The stamped bank statement from which account the deposit and/or purchase price will be paid must not be older than one (1) week from submission date. Should same be financed or be held in a separate investment account, proof of such funds, date stamped not later than one week prior to the auction must be presented & supplied. Please forward details of the contact person at the relevant financial institution. The purchaser hereby agrees that the auctioneer may phone such contact person to verify the details stated on the bank statement/letter of available funds. The purchaser further acknowledges that the deposit MUST be paid on the fall of the hammer. Facilities will be made available to the purchaser to make the payment immediately after the fall of the hammer. Thus done and signed at on this day of 20. THE BIDDER
7 SECTION D: DECLARATION OF INTEREST I, Identity number:, in my individual capacity or duly authorised on behalf of my principal ( the Purchaser ) hereby declare that I have no direct or indirect family relation to any employee of City of Cape Town ( the Seller ) and/or GoIndustry DoveBid SA (Pty) Ltd except as specified below: I, furthermore, declare hereby that I am / am not an employee of: City of Cape Town ( the Seller) Yes No (If yes, specify ) and / or GoIndustry Dovebid ( Auctioneer ) Yes No (If yes, specify ) I hereby acknowledge that failure to disclose any direct or indirect family relation as set out above will constitute a material breach of this agreement. I became aware of the opportunity to purchase the Property by means of: (Mark applicable box with X ) Newspaper advert Yes No (If yes, specify ) Signage Yes No Word of mouth Auctioneer notification Yes No Yes No Thus done and signed at on this day of 20. THE BIDDER
8 SECTION E: AUTHORITY AND CONSENT TO PERFORM CREDIT PROFILE VERIFICATION I/ We, 1. Name and Surname: (individuals / directors or members whichever are applicable) Identity Number/s: 2. Full name of the Company / Close Corporation: 3. Company / Close Corporation Registration Number: 4. Contact details (telephone number) : duly authorized hereto by a signed resolution (in case of a company / close corporation, please attach a copy of the signed resolution), authorize GoIndustry DoveBid to perform a credit profile verification on the identification and company registration numbers provided above. Signed at: on this day of 20 BIDDER/S
9 SECTION F: RESOLUTION PASSED AT A MEETING OF THE MEMBERS / DIRECTORS / TRUSTEES ENTITY NAME HELD AT ON THE DAY OF RESOLVED: All Members, Directors or Trustees of the Company/Close Corporation/ Trust afore mentioned hereby expressly authorize and consent as follows: 1. That the Company/Close Corporation/Trust [select whichever applicable] enters into an agreement of purchase with the City of Cape Town to purchase the following Property: for a consideration of R, exclusive of Value Added Tax, and upon the further terms and conditions set out in the agreement of purchase attached hereto; and 2. [Insert full names of the member/director/trust who will be signing on behalf of the entity]: in his/her capacity as a Director/Member/Trustee of [select which one], is hereby authorised in terms of a meeting held as aforementioned, to execute the said agreement of purchase on behalf of [select the company/close corporation/trust]) and to effect registration of transfer of the property into the name of [select the company/close corporation/trust] This resolution shall insofar as it is inconsistent with any other agreement between the [select the company/close corporation/trust] operate to effect an immediate amendment to any such other associated agreement. (All directors/members/trustees to sign the resolution)
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