What you need to know about an offer to purchase
Buying property in South Africa almost always begins with a single, deceptively simple document: the offer to purchase. Many buyers treat it as a formality, something to sign quickly before the "real" paperwork begins. That assumption can be costly. The offer to purchase is not a preliminary step; it is, in nearly every practical sense, the contract itself.
This article unpacks what an offer to purchase is, the law that governs it in South Africa, and the key aspects every buyer and seller needs to understand before putting pen to paper.