Page 51 - Robin Twaddle PTG 2017 Digital

ILLUSTRATIVE TABLE OF BOND AND TRANSFER COSTS (Continued)

Transfer Costs Bond Costs

Price/Value/ Transfer VAT @ 14% Deeds Total Transfer Total Bond VAT @ 14% Deeds Total
Bond amount fee Office Duty fee Office
(Excl) 7 745,50 Levy (Excl) 7 745,50 Levy 65 525,50
R 7 791,00 7 791,00 65 896,00
55 325 7 927,50 2 455 65 525,50 834 000 899 525,50 55 325 7 927,50 2 455 67 007,50
9 100 000 55 650 7 973,00 2 455 65 896,00 845 000 910 896,00 55 650 7 973,00 2 455 67 378,00
9 200 000 56 625 8 018,50 2 455 67 007,50 878 000 945 007,50 56 625 8 018,50 2 455 67 748,50
9 500 000 56 950 8 064,00 2 455 67 378,00 889 000 956 378,00 56 950 8 064,00 2 455 68 119,00
9 600 000 57 275 8 155,00 2 455 67 748,50 900 000 967 748,50 57 275 8 155,00 2 455 68 860,00
9 700 000 57 600 8 610,00 2 455 68 119,00 911 000 979 119,00 57 600 8 610,00 2 455 73 033,00
9 800 000 58 250 9 065,00 2 455 68 860,00 933 000 1 001 860,00 58 250 9 065,00 2 455 76 738,00
10 000 000 61 500 10 430,00 2 920 73 030,00 1 063 000 1 136 030,00 61 500 10 430,00 2 923 87 853,00
11 000 000 64 750 10 885,00 2 920 76 735,00 1 193 000 1 269 735,00 64 750 10 885,00 2 923 92 145,00
12 000 000 74 500 12 705,00 2 920 87 850,00 1 583 000 1 670 850,00 74 500 12 705,00 2 923 106 965,00
15 000 000 77 750 14 980,00 3 505 92 140,00 1 713 000 1 805 140,00 77 750 14 980,00 3 510 126 070,00
16 000 000 90 750 17 255,00 3 505 106 960,00 2 233 000 2 339 960,00 90 750 17 255,00 3 510 144 595,00
20 000 000 107 000 17 300,50 4 675 126 655,00 2 883 000 3 009 655,00 107 000 17 300,50 4 090 146 720,50
25 000 000 123 250 4 675 145 180,00 3 533 000 3 678 180,00 123 250 4 090
30 000 000 123 575 4 675 145 550,50 3 533 000 3 678 550,63 123 575 5 845
30 000 001

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 fees etc. – 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. Mere reference to the tables may result in in misapprehension as to the costs
involved. Our fees may vary from the guideline based on each matter quoted for.
Deeds office fees amended as per Government Gazette No 10694 dated 28 February 2017, and effective from 1 April 2017.