The most common contractual form is the contract of purchase and sale. A contract of purchase and sale is a legally enforceable agreement between one party to buy and another to sell.

For an agreement to be identified as a contract of purchase and sale the parties must agree on the following three elements (known as the essentialia of the contract): One party must have the intention of buying and the other of selling. The parties must agree on the thing sold. This must be a specific object, or must be at least ascertainable. The parties must agree on a purchase price, which must be in money.

Purchase and sales agreements contains detailed information about the both seller and buyer such as full names, addresses, phone numbers and any co-signers who may be involved.

It also lists the dates of the initial agreement, type of sale, any deposit paid, dates when other parts of the contract are to be completed, and the date of the final closing of the contract and transfer of ownership.

Find templates for Contract of Purchase and Sale documents here.

Information regarding Trade Marks:

Trade Mark a color in South Africa – The South African Trade Marks Act specifically provides for the registration of non-conventional trade marks, such as colors. A mark is defined as any sign capable of being represented graphically including, shapes…

Trade Mark Search – It is always advisable that the trade mark be searched before the application is made. In order to be considered register-able, your trade mark must be capable of distinguishing your goods or services from those of your competitors…

Trade Mark Requirements – It serves the purpose of distinguishing the goods/services of one trader from those of another trader. It does not consist exclusively of a sign or an indication which may serve, in trade, to designate the kind, quality, quantity, intended…

Trade Mark Application Requirements – We would require you to provide us with a copy of your intended trademark – be it a simple name or slogan, or a stylised logo. We would also require details of all products or services that you intend…

Trade Mark Exclusions – Marks that may NOT be Registered: Emblems fall under the protection of the Merchandise Marks Act. The following are regarded as state emblems: Seal of the Republic, Coat of Arms of the Republic…

Trade Mark Costs – Contact us to request prices for trade mark searches, applications, renewals and trade mark assignments….

International Trade Mark Protection – Your mark should be registered in the countries in which you offer your products or services under that mark. You should also consider filing in countries where you intend to use the mark in the future…

Trade Mark Protection in South Africa – A trade mark is a mark which distinguishes your goods or services from goods or services of others in South Africa, or elsewhere. Trade  Marks are register-able in terms of the South African Trade Marks…