Savannah Park Property Marketplace Terms and Conditions
- Securing an Apartment When a Purchaser secures an apartment on the Savannah Park Property Marketplace, they are required to pay a refundable reservation fee of R20,000.
- Payment Gateway We use iKhokha as our payment gateway. Based on the current incoming fees, an estimated transaction rate of 2.25% Ex. VAT will be implemented. These transaction fees are the purchaser’s responsibility and will be deducted from the initial reservation fee.
- Payment Process The Purchaser enters their payment details and completes the transaction through iKhokha’s secure payment gateway via an API integrated with the Property Marketplace.
- Transaction Confirmation The purchaser will receive a confirmation order via email, along with a pre-populated Contract of Sale.
- Double Booking Policy In the unlikely event a apartment is double booked, the purchaser who paid their reservation fee first will secure the apartment. This will be determined by a digital timestamp. The second purchaser has the ability to choose another apartment, failing which a refund of the reservation fee will be issued on submission of FICA documentation and a stamped letter from the Purchaser’s bank confirming banking details.
- Completion On completion of the purchasing process and accepting these terms and conditions, the Purchaser agrees to receive future marketing communication from Rainmaker Marketing.
By proceeding with the reservation, the user agrees to these Terms and Conditions.