FILTERS:

Who gets what

1 April 2004

In the table below, we see an example of the costs which would normally be incurred by natural persons in a transaction where a house is sold for R600 000, the existing bond is cancelled, and a new one is granted for R300 000.



 

  Estate Agent Transfer/Bond Conveyancers Deeds Office Levy Financial Institution Inland Revenue/VAT
Commission 35 000  
Bond Cancellation   600 60   84
Transfer Costs          
Conveyancer's fee   6 800      
Transfer Duty         30 900
Deeds Office fee     400    
Bond Costs          
Conveyancer's fee   2 700      
Deeds Office fee     260    
Initiation/Valuation fee       700 98
Totals 35 000 10 100 720 700 31 082



View pie chart

Submit your comment:
 
Name
EMail
Comments
Security Picture (click to change)
Word shown in picture: