Buying a home is one of the biggest financial commitments most South Africans will make, and it all starts with the offer to purchase. Once signed, this document becomes a legally binding contract, so it is essential to understand exactly what you are agreeing to.
Read every clause carefully
An offer to purchase records far more than the price. It sets out deposits, occupational rent, transfer timelines and any suspensive conditions, such as bond approval or the sale of an existing home.
Costs beyond the purchase price
Buyers should also budget for transfer duty, conveyancing fees, bond registration costs and rates clearance. A short legal review before signing can prevent an expensive dispute later.
