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Reading: Sundowns Midfielder Teko Modise Ordered To Pay R80K
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OkMzansi > Blog > Celeb News > Local > Sundowns Midfielder Teko Modise Ordered To Pay R80K
Celeb NewsLocal

Sundowns Midfielder Teko Modise Ordered To Pay R80K

OkMzansi
Last updated: 2016/04/28 at 8:45 AM
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Could it get any worse?! Sundowns midfielder Teko Modise ordered to pay R80k for a house he didn’t buy. A judgement was passed against Modise to pay the R80 000 in commission to the property estate agent Homenet for a house he should have bought but instead failed to back in 2009.

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According to Sunday World, Homenet, represented by BKZ Corporate said the Teko had signed an offer to purchase a house for R1050000 at Eastleigh suburb in Edenvale, east of Johannesburg, in July 2008.

Modise reportedly failed to secure sufficient funds for the property and the deal fell through, resulting in the agent losing out on commission.

“In terms of clause 18, the offer was irrevocable until midnight on, July 11, 2008. The sellers, Xianwen Zeng and Ping Lin, duly accepted the offer on July 10, 2008 at Eastleigh”, the judgement reads.

“The offer was not suspensive  upon the defendant obtaining finance for the purchase of the property. On October 3, the conveyancers attending to the transfer of the property were advised by the bond originating attorneys that the defendent did not have sufficient funds to cover the shortfall and that the said sale could not proceed.”

“In terms of clause 7 of the offer to purchase, the defendent is liable to pay the plaintiff, as estate agent, an amount of R 80 000.”

The court granted the judgment, saying the estate agent should seek further and or alternative relief to recover their money from the footballer.

OkMzansi April 28, 2016 April 28, 2016
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