Frequently Asked Questions (FAQ's)

Natural Person

1. SA ID document (Foreigner must provide Passport)
2. Proof of residential address, not older than 3 months (e.g., Utility Bill)
3. Seller to provide affidavit and marriage certificate if proof of residence is in spouse's or another person's name.

Company

1. CIPC Business Registration Papers
2. Proof of Business address of company e.g., utility bill not older than 3 months
3. ID document of company Directors
4. Confirmation of residential address and contact details of company Directors
5. Resolution to specify who is authorized to act on behalf of the company
6. ID document(s) of person(s) authorized to act on behalf of the company
7. Confirmation of residential address and contact details of person(s) acting on behalf of the company
8. Confirmation of Company's Shareholding / Share Certificate
9. Business Registration Number Certificate (BRNC)

Close Corporation (CC)

1. CIPC Business Registration Papers
2. Proof of business address of Close Corporation e.g., utility bill not older than 3 months
3. ID document(s) of Members(s)
4. Proof of residential address, not older than 3 months (e.g., utility bill), and contact details of member(s)
5. Resolution to specify who is authorized to act on behalf of Close Corporation
6. ID document(s) of person(s) acting on behalf of Close Corporation
7. Confirmation of residential address and contact details of person(s) acting on behalf of Close Corporation
8. Confirmation of Company's Shareholding / Share Certificate
9. Business Registration Number Certificate (BRNC)

Trust(s):

1. Letters of authority signed by the Master of the High Court
2. Trust Deed or other Founding document
3. Resolution to specify who is authorised to act on behalf of the Trust
4. ID document(s) of person(s) acting on behalf of Trust
5. Confirmation of residential address and contact details of person(s) acting on behalf of the Trust
6. ID documents of all trustees and beneficiaries
7. Proof of residential address and contact details of all trustees and beneficiaries
8. ID document of the Founder of the Trust
9. Proof of residential address and contact details of the Founder of the Trust
10. Business Registration Number Certificate (BRNC)

All hammer prices exclude the following:

• 15% VAT
• 10% Auctioneering Commission (this might be different per auction)
• R 1.950.00 Documentation Fee - Excluding VAT where applicable

Please note that transport is not included. Buyer will have to arrange own transport.

Yes, you can apply for finance on the item you want to buy on auction, or you can apply for a pre-approval finance to use on any item you would want to buy.

This depends on the type of auction. You can look at the auction details and the deposit amount will be shown there if applicable. Some auction will not require a deposit.
This deposit is fully refundable within 48 working hours or as soon as your funds clear in our account if no bids were successful.

This is the mandate price provided by the seller for which the auctioneer is allowed to sell the asset. Any auction offer below this reserve price needs to be confirmed by the seller. Reserve prices are confidential and are not communicated to prospective purchasers as assets may be sold below these reserves in some instances.

You will need to pay immediately when you receive the invoice.

Sold or purchased without guarantee or warranty, at the buyer's risk.

Yes, you will have to look at the specific viewing dates on the auction. No viewing outside of those dates.

Should you have paid a deposit and did not buy any items on auction, your refund will be paid within 48 hours of the closing time of the auction.

We do not have set prices for the vehicles on auction. Items will be sold to the highest bidder.