Although there is no such thing as a “standard agreement of sale”, the following contracts cover the very basics of what is needed to conclude a valid transaction in Namibia.
Do note that by completing and using these documents, you would do so at your own risk accept full responsibility for doing so. Namibia Real Estate and the sponsors on this web site are not liable for the correctness, completeness or adequacy of this document. No responsibility can be accepted for the wrongful or irresponsible use, errors in this this document, or in general, or for any losses caused or sustained, by any person as a result of using the documents.
The following two documents 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.
Sale of Member’s Interest in Close Corporation
The following agreements should be suitable to use 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.
Note that an agreement of sale is 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 contact:
Ellis Shilengudwa Inc.