Seeff Property Services (Pty Ltd) ("Seeff"), a franchisor/licensor property practitioner with Property Practitioners Regulatory Authority, holding a valid Fidelity Fund Certificate Number 2023115644, with the participation of its licensees (Licensees) and estate agents employed by them ("Agents"), will be running the "Sell Your Home Exclusively With Seeff and Stand The Chance to Win R1 Million" competition and lucky draw (the "Competition") from 1 June 2024 to 30 April 2025 (the "Competition Period").
These terms and conditions ("Terms and Conditions") govern your participation in the Competition. Please read the Terms and Conditions carefully.
The terms "participant", "you", "yourselves" and "your" are used interchangeably in these Terms and Conditions and refer to persons who participate in the Competition and those participants who may receive any prize in terms of the Terms and Conditions.
During the Competition Period, certain immovable property sales concluded by Licensees, mandated by you to sell your property in terms of an exclusive sole mandate and which meet the criteria contemplated herein, will be entered into a lucky draw.
Within 30 days of the end of the Competition Period, the lucky draw will be conducted by Seeff and 1 (one) winner ("Competition Winner") will win a cash prize of R1 000 000 (one million Rand) ("Cash Prize"), subject to the Terms and Conditions below. The Competition Winner will be announced at Seeff's 2025 Licensee Conference and the result will be published online, subject to 5.2 below.
PARTICIPATION & ELIGIBILITY
To be eligible for the entry of your immovable property sale transaction into the lucky draw, the following conditions must be met:
you must grant a Licensee an exclusive sole mandate to sell your immovable property within the Competition Period;
your immovable property must be sold by a Licensee during the period of the exclusive sole mandate and within the Competition Period and the sale transaction in question must become unconditional, that is, all suspensive conditions in the sale agreement must be fulfilled within the Competition Period (for clarity, it is not a requirement that the property be transferred and registered within the Competition Period),
(sale transactions meeting the requirements contemplated in 2.1.1 and 2.1.2 above shall hereinafter be referred to as the "Eligible Transaction(s)").
Every Eligible Transaction shall constitute a single entry into the Competition. An entry on your behalf will happen automatically once the eligibility conditions are satisfied.
There are no restrictions or conditions for entry into the Competition in respect of:
the immovable property type (i.e. vacant land, freehold property, sectional title units, commercial properties, residential and agricultural properties all qualify);
the quantum of the commission payable to the Licensee in terms of the exclusive sole mandate;
the final sale price; or
the period of the exclusive sole mandate, subject to clause 2.1.2 above.
For an existing exclusive sole mandate (that is, an existing exclusive sole mandate valid as at the start of the Competition Period) to be eligible for entry into the Competition, the exclusive sole mandate will need to be re-signed by you and the Seeff Licensee within the Competition Period.
Any person who owns an immovable property in any jurisdiction where a Licensee operates is eligible to enter the Competition. This includes natural and juristic persons, and persons resident both in and outside of the Republic of South Africa ("South Africa"). If the Competition Winner is resident outside of South Africa, payment of the Cash Prize outside of South Africa shall be subject to exchange control approval.
The Competition is not open to:
persons who are employees, directors, members, partners, agents or consultants to Seeff or a Licensee (as defined in 4 below), including their spouses, life partners, business partners or immediate family members;
any suppliers of goods or services in connection with the Competition.
THE CASH PRIZE
The Cash Prize is R1 000 000 (one million Rand).
The Cash Prize will be paid to the Competition Winner within 14 days of the later of:
the lucky draw; and
registration of transfer of the immovable property that is the subject matter of the Eligible Transaction ("Sale Property").
The Competition Winner is responsible for all applicable taxes in any jurisdiction associated with the receipt of the Cash Prize (if any). If any withholding taxes are required to be deducted by Seeff under any applicable laws, the Cash Prize will be paid net of the withholding tax amount, which will be paid by Seeff to the relevant tax authority.
If the Competition Winner is for any reason unable to accept the Cash Prize, they will forfeit it.
No substitution or exchange of the Cash Prize is offered.
The Cash Prize is not transferable.
The Competition Winner will be contacted using the contact details supplied by the Competition Winner to the Licensee as part of the Eligible Transaction.
The Competition Winner must confirm their acceptance of the Cash Prize in writing and provide its/their banking information to the satisfaction of Seeff.
If the Sale Property has more than 1 (one) owner, then the Cash Prize shall be split amongst the owners in the proportion in which they own the said Sale Property.
LIMITATION OF LIABILITY
To the maximum extent permitted in law, neither Seeff, the Licensees nor any persons related or inter-related (as contemplated in section 2 of the Companies Act 71 of 2008 (as amended)) to Seeff, the Licensees nor any of their respective directors, prescribed officers, managers, employees, agents, franchisees, or other persons in respect of whose actions Seeff and the Licensees may be held to be vicariously liable or anyone associated with any of them, shall incur any liability to any person for any injury, claim, loss or damage of any nature whatsoever, whether direct, indirect, consequential or otherwise, whatsoever or howsoever arising from their participation in this Competition, the use of any Cash Prize or the payment of the Cash Prize (any such prize being utilized at the own risk of the Competition Winner).
PRIVACY AND INFORMATION
These Terms and Conditions must be read in conjunction with any applicable provisions of Seeff's Website terms and conditions relating to privacy, data protection, use and disclosure of information, and any applicable law.
Seeff may, before or after the Competition Winner is announced, require that the Competition Winner permits the use of their image and/or name in its marketing material and/or broadcasting material relating to the Competition. In the case of a Competition Winner who is a juristic person, Seeff shall be entitled to use the image and/or name of the ultimate beneficial owner of the Competition Winner. The Competition Winner has the right to decline to allow their image and/or name to be used as aforesaid. The Competition Winner shall have 5 (five) days from being notified that they are a Competition Winner, to indicate in writing that they will not allow their image and/or name to be used, failing which the Competition Winner shall be deemed to have granted their permission and/or agreed to participate in the manner aforesaid.
DISPUTE RESOLUTION AND JURISDICTION
In the event of a dispute in respect of any aspect of the Competition and/or these Terms and Conditions, Seeff's decision will be final and binding and no correspondence will be entered into.
These Terms and Conditions shall be governed by and construed in accordance with South African law.
GENERAL
Participants who act unlawfully, fraudulently, dishonestly or in breach of these Terms and Conditions shall, in the sole discretion of Seeff, be disqualified from participating in the Competition.
The Competition Winner will be selected at random from the lucky draw pool by Seeff as contemplated herein. The result of such a lucky draw shall be final and binding on all participants.
If for any reason, the Competition is not capable of running as planned, including without limitation, any cause beyond Seeff's reasonable control, Seeff reserves the right, to the extent permitted by law, to cancel, terminate, modify or suspend the Competition at their sole discretion. Seeff will take reasonable steps to notify participants should any modification or cancellation of the Competition become necessary.
Seeff, to the maximum extent permitted in law, reserves the right to change the Competition rules at any stage as necessary. Any rule changes will be made official on the Seeff website.
Any attempt by an entrant to deliberately undermine the legitimate operation of the Competition may be in violation of criminal and civil laws and should such an attempt be made, Seeff reserves the right to seek remedies and damages (including legal fees) from any such entrant to the fullest extent of the law, including criminal prosecution.
By entering the Competition, each participant agrees to comply with the rules and the decisions of Seeff.
This Competition shall comply with, and will be subject to, any peremptory provisions of the Consumer Protection Act, No 68 of 2008 (as amended) and the regulations promulgated thereunder, which are deemed to be incorporated hereunder ("Peremptory Provisions"). In the event of any conflict between these Terms and Conditions and the Peremptory Provisions, the latter shall prevail.
Any provision of these Terms and Conditions which is held to be invalid or unenforceable shall be ineffective to the extent of such invalidity or unenforceability without invalidating or rendering unenforceable the remaining provisions thereof.
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