A commercial agreement of sale for property sold privately, with no estate agent involved and no commission payable.
Commercial Property Sale Agreement Template - Without Agent Involvement
Summary A property owner may consider using this Agreement of Sale when selling a Commercial Property to a buyer.
Note: you may wish to obtain the buyer’s details and conduct a background check before finalising the Sales Agreement. The Buyer Application Form may be used for this purpose.
What does the Commercial Agreement of Sale say?
- The Commercial Agreement of Sale consists of; the details of both the Buyer and the Seller
- the Description of the Property
- which is being purchased
- Purchase price and how that will be payable
- Financing
- Sale of purchaser’s current property
- Continued marketing of the property
- Transfer and Costs
- Occupation
- Risk
- Fixtures and Fittings
- Rates and Levies
- Delay
- Voetstoots
- Acknowledgements by the Seller and Purchaser
- Cooling-off
- Breach
- Companies/ Close Corporation/ Trust/ Multiple Purchasers
- Domicile of the Purchaser and Seller
- Electrical-
- Gas- and Electrical Fence Certificates
- Alien and Invasive Plant Species
- Warrantees and Undertakings
- Sectional Title Property
- Member of Home Owners Association
- Jurisdiction
- Whole Agreement
- Declaration by the Seller regarding the condition of the property
- Sold Sign
- POPIA Clause
What does the Commercial Agreement of Sale look like? The template Commercial Sales Agreement can be printed onto seventeen pages.
What do you need to do to use this standard Commercial Agreement of Sale?
- Complete the relevant details in the sample rental contract.
- Read the document to ensure that it suits your requirements. Make changes as required.
- Ensure that the Sales Agreement is signed by both the seller and the buyer.
Also known as: Sales Agreement; Offer to Purchase; Property Sales Agreement; Sales Contract; Terms of Sale; Sale Terms and Conditions; Sale of Property Agreement 
When to use this commercial agreement of sale
This version is for the private sale of commercial property, where buyer and seller deal directly with each other.
Commercial deals turn on things a residential sale rarely touches: existing tenants and their leases, VAT treatment, zoning and permitted use, and whether the business operating there forms part of what is being sold.
Who this template is for
Owners and buyers of shops, offices, warehouses and other commercial premises who have found each other without an agent.
What you get
- An editable document in Microsoft Word, plus a PDF copy
- Wording drafted and reviewed by a lawyer
- Clauses covering price, deposit, suspensive conditions, occupation and transfer
- No agent commission clause, since this is a private sale
- Instant download after purchase
How to complete it
- Read the document in full before filling anything in
- Describe the property exactly as it appears on the title deed
- Set out the price, deposit and any conditions the sale depends on, such as finance
- Deal with existing leases and the VAT position explicitly
- Both parties sign, and the signed agreement goes to the conveyancer
Good to know
This is a template for you to adapt, not legal advice on your transaction. A sale of land in South Africa must be in writing and signed by both parties under the Alienation of Land Act, and transfer is handled by a conveyancer. Commercial sales also raise VAT and tenancy questions that turn on the specifics, so have an attorney review your final wording.
The Online Agreements Shop cc and its members, staff, legal advisers, partners and consultants, agents and any person associated therewith cannot be held liable for any loss or damage that is incurred or may be incurred by any person as a direct or indirect result of the use of this website or any document or information contained on or obtained from this website, nor as a result of anything that is contained in or left out of any document.