ILLUSTRATIVE TABLE OF BOND AND TRANSFER COSTS

09/26/2022






NOTES:
Transfer and bond costs not inclusive of FICA costs, and any other disbursements, such as post and petties, rates clearance and/or levies, cancellation costs of existing bond, bank initiation and valuation fee, electronic document generation, e-Vault and deeds office search fees, a home-owners consent fee and transactional billing fees (where applicable) – for which provision should also be made. Whilst every care is taken with compiling these tables, we reserve the right to correct any possible inaccuracies and cannot be bound by them.

NB: the conveyancing fees serve as a GUIDELINE only as per recommended guidelines of fees and are subject to change and updates issued by the various law societies from time to time. This fees guideline relates to instructions received as from 1 May 2021, and these may be updated during the course of 2022, subsequent to the date of publication hereof. The Deeds Office fees are according to Government Gazette dated 28 February 2022, effective from 1 April 2022. The table is therefore illustrative in nature, and is intended to provide an estimated idea of costs to be expected by a purchaser of property in South Africa. Mere reference to the tables may result in misapprehension as to the costs involved, and fees may vary from the guideline based on each matter quoted for.