Land Instalment Sale: When does the debt become due and payable
09 June 2017, Fanie Botes
Agreements of sale of land on instalments are regulated in terms of Chapter 2 of the Alienation of Land Act,... 68 of 1981. The Act specifically provides in section 20 for the recording of such instalment sale agreements which recording is effected by the Registrar of Deeds for the area in which the property sold, is situated and takes place at the instance of the seller.