Yes you can on condition that the purchase price is not less than the monies owed under the existing bond. There are very few attorneys in South Africa who specialise in setting up secure fixed property instalment sale agreements. At Bert Smith Attorneys, this is our speciality. Contact Us and we will assist you. 

No, as it does not constitute as capital.  

Purchase price Terms Deposit Instalments (capital) Occupation date and occupational rental

Transaction term over term longer that 1 year Capital payable in more than 2 instalments Property is not agricultural land

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