Legal

Terms & Conditions

These Listing Platform Terms & Conditions (“Listing T&Cs”) apply to the Vilasita Tatali Listing Platform (the “Platform”) and govern the reservation and securing of a unit via the Platform. They apply in addition to the general Terms & Conditions and Privacy Notice made available on the primary website for the project.

1. Securing an apartment

When a Purchaser secures a unit on the Platform, they are required to pay a reservation fee of R50 000 (incl. VAT) to Zimbali Resort Developments JV PTY LTD.

2. Reservation fee requirement

The R50 000 reservation fee secures the unit and is credited towards and deducted from the 10% deposit. Should the Purchaser not be allocated a unit, or otherwise be unable to secure a unit, the reservation fee less a 10% administration fee will be refunded.

Once the Offer to Purchase has been signed by both parties, the Purchaser must comply with all requirements and submit the documentation stipulated in the Offer to Purchase within the prescribed timeframes. Failure to do so within the required period will result in the Offer to Purchase lapsing and the R50 000 reservation fee being forfeited.

3. Payment gateway

We use a secure payment gateway. Based on the current incoming fees, a transaction rate of 2.85% excluding VAT will be implemented.

4. Payment process

The Purchaser enters their payment details and completes the transaction through the secure payment gateway via an API integrated with the Platform.

5. Transaction confirmation

The Purchaser will receive a confirmation order via email, along with a pre-populated Agreement of Sale.

6. Double booking policy

In the unlikely event an 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.

7. Completion and communications

On completion of the purchasing process and accepting these Listing T&Cs, the Purchaser agrees to receive future marketing communication from Rainmaker Marketing, subject to preferences and applicable law.

8. Additional platform provisions

  • FICA and verification: We may require identity and banking verification to prevent fraud and to comply with legal and contractual requirements.
  • Refunds: Where a refund is due, it will be processed to a verified bank account, subject to payment processor requirements and completion of verification steps.
  • Chargebacks: If a Purchaser initiates a chargeback or payment dispute, the unit may be released back to availability pending resolution.
  • Platform availability: The Platform may be unavailable from time to time due to maintenance, technical issues, or circumstances beyond our control.
  • Developer responsibility: The developer and/or appointed agents remain responsible for unit availability, pricing, and the final Agreement of Sale; the Platform is a facilitation tool.

9. Disclaimer

The information provided is to be used as a guide and is not a guarantee of savings or earnings. All information stated here was assumed correct at time of printing and publishing and subject to change without notice. The rates and levies provided are estimates based on the current project plans and are subject to change upon completion of the building. The estimated monthly bond repayments are calculated at current interest rate over 30 year term. E&OE.

By proceeding with the reservation, the user agrees to these Listing T&Cs.

10. Governing law

These Listing T&Cs are governed by the laws of the Republic of South Africa.