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Conveyancing Tables - May 2017

11 May 2017

The Tables of Costs - ready reckoner has been updated to reflect the changes made to the Recommended Guideline of Fees for conveyancers for the transfer of immovable property or the registration of a Mortgage Bond -  applicable from the 1st of May 2017. 

It consists of the following sections:

  • Summary of Bond Repayment Interest Rates/Costs.
  • Summary of Bond and Transfer Costs.
  • Tables of Transfer Costs, and
  • Tables of Bond Costs.

 

Download the May 2017 Tables of Costs for Conveyancing

Notes
The calculations in the tables are based inter alia on the following applicable legislation:

  1. CONVEYANCING CONVENTIONAL DEEDS Guideline of Fees
  2. SECTIONAL TITLES Guideline of Fees
  3. INTERPROVINCIAL APPORTIONMENT OF FEES Guidelines (Conventional Deeds)
  4. INTERPROVINCIAL APPORTIONMENT OF FEES Guidelines (Sectional Titles)
  5. CONVEYANCING FEES AND APPORTIONMENT OF FEES (ALIENATION OF LAND ACT)
  6. Deeds Registries Act Amended Schedule of Deeds Office Fees 2017 and the  
  7. Rates of Transfer Duty

Three changes have been made to the Tables in last three months:

  1. Transfer Duty changes were announced in the Budget with effect from the 1st of March;
  2. The Schedule of Deeds Office Fees for 2017 were changed with effect from the 1st of April; and now
  3.  The Recommended Guideline of Fees for conveyancers with effect from the 1st of May.

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