Transcations & Compliance
An Offer to Purchase (OTP) is a legally binding agreement between a buyer and a seller that outlines the terms and conditions for the sale of a residential property in South Africa. This document serves as the foundation for the property transfer process and includes critical details such as the purchase price, possession date, financing conditions, and any suspensive clauses.
In this course, you’ll gain a clear understanding of:
Whether you’re a first-time buyer, a seller, or a property professional, this course will equip you with the knowledge to navigate the OTP process confidently and legally.
Being a real estate agent in South Africa means helping people find homes, make investments, and achieve their property goals. It’s a career that demands dedication, resilience, and a passion for serving clients.
As part of our commitment to preparing future professionals for success in the real estate industry, the Launch Program includes a range of resources and experiences tailored for interns. Below are answers to common questions to help you understand what to expect as you begin your journey with us.
Yes, under certain conditions. If the purchase price is under R250,000 and the buyer is a natural person, the Alienation of Land Act allows a 5-day cooling-off period during which the buyer can cancel the agreement
If the OTP includes a suspensive condition related to financing, the agreement becomes void if the buyer cannot obtain a home loan within the specified timeframe
Tania Klopper
3 Days
9
50
English
Digital, Physical
WE R ACADEMY is South Africa’s premier online training platform designed to equip aspiring and intern real estate agents with the knowledge, tools, and confidence to succeed in a competitive property market. From foundational learning to industry-ready skills, our self-paced courses are aligned with PPRA standards and guided by real-world insights. Whether you’re just starting out or ready to take your career to the next level
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