Buyer & SellerUnderstanding the Offer to Purchase (OTP): Key Clauses for Private Sellers
The Offer to Purchase (OTP) is the moment a private property sale becomes legally binding, with no cooling-off period for the vast majority of South African homes. While reviewing statutory requirements, suspensive conditions, and Deeds Office formalities can feel daunting, selling privately does not mean navigating the law alone. From wet-ink signature rules and 72-hour clauses to Section 86 trust deposits, here is an essential clause-by-clause breakdown of your contract, and how an appointed conveyancing attorney safeguards your transfer every step of the way.
30 Sept 2026 • By Deedy
