Conditions of sale of Northern Cape Livestock Vryburg Cooperative Limited (NCLS) in respect of livestock and moveables (“goods”)

For Terms in Afrikaans please click here

1. Auctions take place subject to a reserve price unless the auctioneer indicates otherwise.

2. The seller or his agent may bid up to below the reserve price but may not make bids equal to or above the reserve price.

3. The goods are sold by NCLS as agent of the seller.

4. The seller authorizes NCLS to collect the selling price from the purchaser and cedes to NCLS all his/her rights to collect the purchase price from the purchaser. NCLS hereby accepts such cession.

5. VAT on purchases is payable by the purchaser unless indicated to the contrary by NCLS.

6. Upon acceptance of a bid by the seller delivery of the goods to the purchaser shall be presumed to have taken place.

7. Despite deemed delivery the purchaser shall not be entitled to remove the goods from the possession of NCLS until such time as the full purchase price has been paid to NCLS.

8. Despite delivery, ownership in respect of the goods shall not pass unto the purchaser until such time as the full purchase price has been paid.

9. Subject to any reserve price that may have been put on goods and subject to the provisions of clauses 10 to 12 below, the purchaser shall be the person upon whom the highest bid had been knocked down and whom had been indicated as such by the auctioneer upon knocking down the bid.

10. Auctions take place under control of the auctioneer who shall be entitled to refuse the bid of any person if he/she has reason to suspect that it is not a bona fide bid or that the bidder is not in a position to pay or had not made acceptable arrangements for payment. The auctioneer shall further be entitled to accept any bid provisionally until such time as the bidder may satisfy him/her that he/she is in a position to make payment or had made acceptable arrangements for payment. Upon refusing a bid as aforesaid the goods may be put up for sale again immediately.

11. In the event of a dispute between bidders or between a bidder/bidders and the auctioneer, the auctioneer will in his sole discretion be entitled to open bids on the goods afresh.

12. Any mistake made by the auctioneer may be corrected by him/her upon gaining knowledge thereof.

13. Goods are put up for sale to take the lot (unit price x number) except where indicated otherwise.

14. The risk of loss or damage in respect of goods pass unto the purchaser upon deemed delivery.

15. The purchaser is responsible for the removal of the goods from the venue of the auction at his expence and is responsible for the costs of caring for/storing of the goods until such time as it is removed.

16. The seller warrants that he/his principal is the lawful owner of the goods, that he/she is authorized to sell the goods and that the goods are not subject to any claims or encumberances.

17. The seller warrants the correctness of any information that he/she gives regarding the goods. In the event of a dispute in such regard or in any other regard such dispute shall be between the seller and the purchaser. No claim in such regard shall lie against NCLS.

18. The purchaser shall satisfy him/herself prior to the auction of the fitness of the goods for the purpose for which it is purchased. NCLS gives no guarantees in respect of the goods and makes no representations with respect to the goods or the properties thereof.

19. The purchaser shall not be entitled to withhold payment of the purchase price to NCLS for any reason whatsoever.

20. The purchase price is payable to NCLS by the purchaser in cash or by way of immediate bank transfer on the day of the auction unless alternative arrangements had been made with NCLS. Cash handling fees in respect of cash payments are payable by the purchaser.

21. In the event that NCLS makes payment to the purchaser, the seller cedes all his/her rights against the purchaser by virtue of the sale to NCLS. NCLS hereby accepts such cession.

22. Arrangements for payment by way of instalments or for postponement of payment shall be valid only if reduced to writing and signed on behalf of NCLS. Should a discrepancy exist between the provisions of these conditions of sale and such written arrangement, the provisions of the latter shall take precedence.

23. Interest shall be payable on all amounts that are not paid on the day of an auction. Such interest shall be payable at a rate of 18,5% per annum calculated on daily balance from the 15 th day after the date of the auction to date of settlement.

24. Buyers shall furnish NCLS with documentation and information in compliance with FICA requirements.

25. Any person that bids on behalf of someone else or another entity warrants that he/she is duly authorized to do so. Such person upon whom the bid is knocked down binds himself/herself to NCLS as surety and principal co-debtor together with his/her principal for due compliance with all obligations that arise from the transaction that so arises.

26. Until such time as the full purchase price is paid, the purchaser irrevocably:

26.1 undertakes to attach identification marks to the goods in such a manner that the goods may at any time be identified as the goods that constitute NCLS’s security; and

26.2 grants unto NCLS the right of access to property/premises where the goods may be to enable NCLS to exercise its rights in respect of the goods

27. Notwithstanding any credit arrangement, should the purchaser be in breach of any of the conditions under which goods were sold to him/her, the full purchase price shall become immediately due and payable together with interest, costs and damages that NCLS may have suffered as a consequence of such breach. In such event NCLS, the seller, the auctioneer or other sessionary, as the case may be, shall, apart from other remedies at their disposal, be entitled to:

27.1 without further notice refuse delivery of the goods to the purchaser;

27.2 at the sole expence of the purchaser obtain an interdict against him/her and/or any other person to prevent alienation, pledging or transfer of the goods and to obtain judgment against him/her or anybody else for the return of the goods;

27.3 repossess goods that had been removed. To such end the purchaser expressly consents to such repossession without any hinderance or impediment;

27.4 without prior notice to the purchaser and without prior consent of the purchaser and at the sole expence and risk of the purchaser, resell the goods by public auction or otherwise. Prices realized with such resale shall be regarded as the true value of the goods. Any loss shall be for the account of the purchaser. The purchaser shall further be responsible for all costs, including costs with regards to collection of the purchase price, damages and losses that result from the circumstances as well as from conduct of the purchaser directed at resisting the exercise by NCLS of its rights, for commission on the resale of the goods, should it be resold, and for interest on the amounts of such costs, damages, losses and commission calculated from the date upon which each such obligation of payment arises to the date of full payment thereof (both dates included). A statement provided by NCLS shall constitute prima facie proof of the amounts referred to.

28. The purchaser and NCLS hereby consent to the jurisdiction of the Magistrates’ Court for purposes of any legal proceedings that may arise from the transaction. This consent does not preclude the right of any of the parties to institute action from any other court with jurisdiction.

29. A certificate issued by the Manager of NCLS, whose appointment shall not need to be proved, shall constitute prima facie evidence of amounts due to NCLS.

30. No indulgence that NCLS may grant shall be regarded as an abandonment or amendment of NCLS’s rights by virtue hereof.

31. Entries on NCLS’s vendu roll shall serve as prima facie proof of the transactions reflected therein.

32. NCLS’s ordinary commission alternatively commission agreed upon for a specific auction plus VAT thereon shall be payable by the seller on the selling price. The seller authorizes NCLS to deduct the commission and VAT thereon from the proceeds of the goods. Should recovery thereof from the proceeds for any reason not be possible, the seller undertakes to pay same to NCLS upon request.

33. NCLS and the seller reserve the right to withdraw goods from an auction prior to acceptance of a bid.

34. Sellers accept these conditions by offering goods for sale on NCLS auctions and purchasers except same by bidding on such sales.

35. In the event that NCLS institutes legal proceedings to enforce its rights under a transaction, the party against whom such proceedings are instituted shall be liable for the payment of legal costs on an attorney and own client scale plus collection commission at 10% per payment.

36. No conditions that are not contained herein will be of any force or effect unless reduced to writing and signed on behalf of NCLS.

37. The person signing this confirms that these conditions were also made available at the venue of the auction in Afrikaans / Die ondertekenaar hiervan bevestig dat hierdie voorwaardes by die veilingslokaal ook in Engels beskikbaar gestel is.
 

 

1. Veilings vind plaas onderhewig aan ‘n reserweprys tensy die afslaer anders aandui.

2. Die verkoper of sy agent mag bie tot onder die reserweprys, maar mag nie ‘n bod maak gelyk aan of hoër as die reserweprys nie.

3. Die goedere word deur NKLH verkoop as agent vir die verkoper.

4. Die verkoper magtig NKLH om die verkoopprys te vorder by die koper en sedeer hiermee aan NKLH al sy/haar regte om die koopprys van die koper te vorder. NKLH aanvaar hiermee sodanige sessie.

5. BTW is deur die koper betaalbaar op die koopprys, tensy anders aangedui deur NKLH.

6. By aanvaarding van ‘n bod deur die verkoper na toeslaan daarvan, sal lewering aan die koper geag wees plaas te gevind het.

7. Nieteenstaande geagte lewering sal die koper nie geregtig wees daarop om die goedere te verwyder uit besit van NKLH tot tyd en wyl die volle koopprys aan NKLH betaal is nie.

8. Nieteenstaande lewering, sal eiendomsreg ten aansien van die goedere nie oorgaan op die koper alvorens die volle koopprys betaal is nie.

9. Onderhewig aan enige reserweprys wat op goedere geplaas is en onderhewig aan die bepalings van klousules 10 tot 12 hieronder, is die koper die persoon wat die hoogste bod maak en so aangedui word deur die afslaer by toeslaan van die bod.

10. Veilings vind plaas onder beheer van die afslaer wat geregtig sal wees om die bod van enige persoon te weier wanneer hy/sy rede het om te vermoed dat dit nie ‘n bona fide bod is nie, of dat die bieër nie in staat is om te betaal nie of nie aanvaarbare reëlings getref het vir betaling nie. Die afslaer sal verder geregtig wees om enige bod voorwaardelik te aanvaar tot tyd en wyl die bieër die afslaer tevrede gestel het dat hy/sy instaat is om te betaal of aanvaarbare reëlings vir 2 betaling getref het. By weiering van ‘n bod soos voormeld kan goedere onmiddellik her-opgeveil word.

11. In die geval van ‘n dispuut tussen bieërs of tussen bieër(s) en die afslaer, is die afslaer in sy uitsluitelike diskresie geregtig om die goedere weer op te veil.

12. Enige fout begaan deur die afslaer kan deur hom/haar reggestel word sodra dit bekend word.

13. Goedere word per eenheid opgeveil om die totale getal te neem (eenheidsprys x getal) tensy anders aangedui.

14. Die risiko van verlies of skade met betrekking tot die goedere gaan oor op die koper by geagte lewering.

15. Die koper is verantwoordelik vir die verwydering van die goedere vanaf die veilingsperseel op sy koste en is verantwoordelik vir die koste verbonde aan die versorging/bewaring van die goedere tot verwydering.

16. Die verkoper waarborg dat hy/sy prinsipaal die wettige eienaar is van die goedere, dat hy/sy gemagtig is om dit te verkoop en dat die goedere nie  onderhewig is aan enige aansprake of beswarings nie.

17. Die verkoper waarborg die korrektheid van enige inligting wat hy/sy ten aansien van die goedere verskaf. In die geval van enige dispuut wat daaroor of oor enige ander onderwerp ten aansien van die goedere mag ontstaan, sal sodanige dispuut bestaan tussen die koper en verkoper en sal geen eis(e)daaromtrent teen NKLH bestaan nie.

18. Die koper sal hom/haarself voor die plaasvind van die veiling vergewis van die geskiktheid van die goedere vir die doel waaroor dit aangekoop word. Geen waarborge word deur NKLH ten aansien van die goedere verskaf nie en NKLH maak geen voorstellings ten aansien van die goedere of die eienskappe daarvan nie.

19. Die koper sal nie geregtig wees om betaling van die koopprys aan NKLH terug te hou om enige rede hoegenaamd nie.

20. Die koopprys is deur die koper aan NKLH betaalbaar in kontant of by wyse van onmiddellike bankoorplasing op die dag van die veiling tensy ander reëlings met NKLH getref is. Kontanthanteringsfooie ten aansien van betalings in kontant is deur die koper betaalbaar. 3

21. In die geval dat NKLH betaling maak aan die verkoper voordat die koper betaling gemaak het, sedeer die verkoper al sy regte teen die koper uit hoofde van die verkoping aan NKLH welke sessie NKLH hiermee aanvaar.

22. In die geval van afbetalings-/ uitstelreëlings, sal dit slegs geldig wees indien dit op skrif gestel is en onderteken is namens NKLH. In die geval van ‘n botsing tussen die bepalings van hierdie veilingswoorwaardes en die bepalings van sodanige skriftelike ooreenkoms, sal die bepalings van laasgenoemde voorrang geniet.

23. Rente is betaalbaar op alle bedrae wat nie betaal word op die dag van die veiling nie. Sodanige rente is betaalbaar teen 18,5% per jaar, bereken op daaglikse saldo vanaf die 15de dag na die veilingsdatum tot datum van vereffening.

24. Kopers sal dokumentasie en inligting aan NKLH verskaf ter voldoening aan FICA-voorskrifte.

25. Enige persoon wat namens iemand anders of ‘n instansie bie, waarborg dat hy/sy behoorlik daartoe gemagtig is. Sodanige persoon op wie die bod toegeslaan word, verbind hom/haarself tesame met sy/haar prinsipaal as borg en medehoofskuldenaar teenoor NKLH vir die behoorlike nakoming deur sy/haar prinsipaal van alle verpligtinge uit hoofde van die transaksie wat so tot stand kom.

26. Tot tyd en wyl die volle koopsom betaal is:

26.1 onderneem die koper onherroeplik om identifikasiemerke op die goedere aan te bring op so ‘n wyse dat dit te eniger tyd identifiseer kan word as die goedere wat dien as NKLH se sekuriteit; en

26.2 verleen die koper aan NKLH onherroeplik die reg om te alle redelike tye toegang te verkry tot die perseel / eiendom waar die goedere is om NKLH se regte ten aansien van die goedere uit te oefen.

27. Indien die koper in gebreke is om aan enigeen van die voorwaardes waaronder die goedere aan hom verkoop is te voldoen is die volle koopsom in weerwil van enige kredietreëling onmiddellik betaalbaar tesame met rente, koste en skade wat ten gevolge van sodanige kontrakbreuk gely is en is NKLH, die verkoper, afslaer of ander sessionaris, soos die geval mag wees, benewens enige ander regte wat hy besit, geregtig:4

27.1 om sonder vooraf kennisgewing lewering van die goedere aan die koper te weier;

27.2 om op die koper se uitsluitelike koste ‘n interdik teen hom / haar en/of enigiemand anders te verkry om vervreemding, verpanding of oordrag van goedere te voorkom en om vonnis teen hom / haar of enigiemand anders te verkry vir die terugbesorging van die goedere;

27.3 om goedere wat reeds deur of ten behoewe van die koper verwyder is summier in herbesit te neem, welke reg aan NKLH, die bevoegdheid verleen om die goedere sonder beletsel of verhindering in herbesit te neem, waartoe die koper uitdruklik instem;

27.4 om goedere ten opsigte waarvan lewering geweier is of wat in herbesit geneem is, sonder vooraf kennisgewing aan die koper en sonder om toestemming van die koper vooraf te verkry op die uitsluitlike koste en risiko van die koper per publieke veiling of andersins te herverkoop teen pryse wat as die werklike waarde van die goedere by herverkoop beskou sal word, enige verlies daarop vir die rekening van die koper te wees. Met dien verstande dat die koper verder aanspreeklik sal wees vir alle koste, insluitende koste in verband met die invordering van die koopsom, skade en verliese wat voortspruit uit voornoemde omstandighede en uit enige optrede deur die koper wat daarop bereken is om NKLH, in die uitoefening van sy regte te hinder of te dwarsboom, vir kommissie op die herverkoop van die goedere indien dit herverkoop word en vir rente op die bedrae  verteenwoordigende sodanige koste, skade,verliese en kommissie soos voornoem vanaf die datum waarop die verpligting vir die betaling van elke sodanige bedrag ontstaan tot die datum van die volle betaling van elke sodanige bedrag (albei datums ingesluit); Met dien verstande verder dat ‘n staat wat deur NKLH verstrek word, prima facie bewys sal wees van die verskuldigde bedrae soos voornoem.

28. Die koper en NKLH stem hiermee toe tot die jurisdiksie van die Landdroshof vir doeleindes van enige regsaksies wat uit die transaksie mag voortspruit. Hierdie toestemming sluit nie die reg van enige van die partye uit om in enige ander bevoegde hof aksie in te stel nie.

29. ‘n Sertifikaat uitgereik deur die Bestuurder van NKLH, wie se aanstelling nie bewys hoef te word nie, sal prima facie bewys daarstel van die bedrae verskuldig aan NKLH.5

30. Geen toegewing wat deur NKLH verleen mag word sal geag word ‘n afstanddoening of wysiging daar te stel van NKLH se regte uit hoofde hiervan nie.

31. Inskrywings op NKLH se vendurol sal dien as prima facie bewys van die transaksies daarop aangedui.

32. NKLH se gewone kommissie alternatiewelik kommissie beding vir ‘n spesifieke veiling tesame met BTW daarop sal betaalbaar wees deur die verkoper op die verkoopprys. Die verkoper magtig NKLH om die kommissie en BTW daarop te verhaal van die opbrengs van die goedere. Indien verhaal teen die opbrengs om enige rede nie moontlik is nie, onderneem die verkoper om dit by aanvraag aan NKLH te betaal.

33. NKLH en die verkoper behou die reg om goedere te eniger tyd voor die aanvaarding van ‘n bod van ‘n veiling te onttrek.

34.Verkopers aanvaar hierdie voorwaardes deur diere aan te bied op NKLH se veiling en kopers aanvaar dit deur op die veiling te bie.

35. In die geval dat NKLH regsstappe van stapel stuur om sy regte uit hoofde van ‘n transaksie wat voortspruit hieruit af te dwing sal die pary teen wie sodanige stappe ingestel word aanspreeklik wees vir die regskoste verbonde daaraan op ‘n skaal tussen prokureur en eie kliënt plus invorderingskommissie teen 10% per betaling.

36. Geen voorwaardes wat nie hierin vervat is nie sal van krag wees tensy dit opskrif gestel is en namens NKLH onderteken is nie.

37. Die ondertekenaar hiervan bevestig dat hierdie voorwaardes by die veilingslokaal ook in Engels beskikbaar gestel is / The undersigned hereby confirms that these conditions of sale have also been made available in English at the sale venue.