Governed by law enactment. Agreements must be in writing and signed by the parties involved. The written sale agreement must contain minimum requirements as set out by legislation.
Installment Sale, not used often, over a term of more than one year
Normal sale, the purchase price is paid to the seller on date of transfer of the property to the buyer
Share block used extensively when buying vacation weeks in a holiday apartment
Sectional title, flat or town house (a unit or section ) the unit being part of the greater property and ownership being vested in the unit and in the undivided part of the property.
Full title where ownership is vested in the whole property.
The sale of each category is governed by own law enactments.