Home / Home Buying & Selling  / Buying? Here’s what the deeds office will now charge you

Buying? Here’s what the deeds office will now charge you

5Boulder-23.resize

The deeds office has published its fees for the registration of transactions that take place from 1 April, 2017. The average increase from last year is about R57.50.


Check out the updated MCostCalculator with all the new fees


Schedule of fees of office for the registration of  –
(a) A transfer of which the purchase price / value of property, whichever is the greater
i  does not exceed R100,000  R35.00
ii  exceeds R100,000 but does not exceed R200,000  R75.00
iii  exceeds R200,000 but does not exceed R300,000  R465.00
iv  exceeds R300,000 but does not exceed R600,000  R580.00
v  exceeds R600,000 but does not exceed R800,000  R815.00
vi  exceeds R800,000 but does not exceed R1,000,000  R930.00
vii  exceeds R1,000,000 but does not exceed R2,000,000  R1,050.00
viii  exceeds R2,000,000 but does not exceed R4,000,000  R1,275.00
ix  exceeds R4,000,000 but does not exceed R6,000,000  R1,750.00
x  exceeds R6,000,000 but does not exceed R8,000,000  R2,100.00
xi  exceeds R8,000,000 but does not exceed R10,000,000  R2,445.00
xii  exceeds R10,000,000 but does not exceed R15,000,000  R2,920.00
xiii  exceeds R15,000,000 but does not exceed R20,000,000  R3,505.00
xiv  exceeds R20,000,000  R4,675.00

 

Schedule of fees of office for the registration of  –
(b) a bond of which the capital amount –
i  does not exceed R150,000  R360.00
ii  exceeds R150,000 but does not exceed R300,000  R400.00
iii  exceeds R300,000 but does not exceed R600,000  R580.00
iv  exceeds R600,000 but does not exceed R800,000  R810.00
v  exceeds R800,000 but does not exceed R1,000,000  R935.00
vi  exceeds R1,000,000 but does not exceed R2,000,000  R1,050.00
vii  exceeds R2,000,000 but does not exceed R4,000,000  R1,456.00
viii  exceeds R4,000,000 but does not exceed R6,000,000  R1,765.00
ix  exceeds R6,000,000 but does not exceed R8,000,000  R2,100.00
x  exceeds R8,000,000 but does not exceed R10,000,000  R2,455.00
xi  exceeds R10,000,000 but does not exceed R15,000,000  R2,923.00
xii  exceeds R15,000,000 but does not exceed R20,000,000  R3,510.00
xiii  exceeds R20,000,000 but does not exceed R30,000,000  R4,090.00
xiv  exceeds R30,000,000  R5,845.00

Contact MC van der Berg Attorneys on +27 (0)12 660 6000, email info@mcvdberg.co.za or visit their website

Homehunt - Start searching now.

david.steynberg@gmail.com

David A Steynberg, managing editor and director of HomeTimes, has more than 10 years of experience as both a journalist and editor, having headed up Business Day’s HomeFront supplement, SAPOA’s range of four printed titles, digimags Asset in Africa and the South African Planning Institute’s official title, Planning Africa, as well as B2B titles, Building Africa and Water, Sewage & Effluent magazines. He began his career at Farmer’s Weekly magazine before moving on to People Magazine where he was awarded two Excellence Awards for Best Real Life feature as well as Writer of the Year runner-up. He is also a past fellow of the International Women’s Media Foundation.

Review overview
NO COMMENTS

POST A COMMENT