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What is payable?

Property law

The conveyancer is guided by the law society rules and in general, is it only a guide for a conveyancer to calculate transfer and bond fees. The fee for transferring or bonding a property increases as the purchase amount increases. For more information see below:

A transfer account will have the following that is payable:

  • Transfer duty;
  • Transfer fee for the conveyancer;
  • Postage and petties;
  • Deeds office fee;
  • Clearance certificate on erf (Sectional title a fee is payable to get the certificate from the body corporate)
  • Fica fees;
  • Pro rata rates and taxes payable in advance.


A bond account will have the following that is payable:

  • Bond fee;
  • Postage and petties
  • Deeds office fee;
  • Valuation fee (A fee charged by the bank for valuation of the property);
  • Initiation fee (A fee charged by the bank for granting the loan).


Please note that adittional fees may be applicable in special circumstances.

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