Thursday, November 10, 2011

Conveyancing Fees

TRANSFER AND BOND COSTS - EXPLANATORY NOTES
1. The fee under transfers, is the sum total of the fee tariff as promulgated by the Law Society, Various disbursements, VAT, the Deeds Office Fee and Transfer Duty. The fee under bonds includes the same except for the transfer duty. Please note, this list is not exhaustive and other amounts may be due. An example would be Bank Charges.
2. In order to transfer property, the Conveyancer must obtain a rates / levy clearance certificate from the appropriate issueing authority. An estimate of approximately R4000-00 is added to the statement of account and refunded after registration should there be an over-payment. This amount has not been added to the figures reflected above.
3. For bond registrations, additional bank charges and electronic instruction fees may be added to the account. These will vary from bank to bank. Transfer fees and Tranfer duty - Click here for table of costs!

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