A new Schedule of Fees of Office as prescribed by regulations 84 and 86 of the Deeds Registries Act was published in the Government Gazette on 1 October last year. It came into effect on 1 November. The tables have been updated to reflect these changes. At the same time, we have amended the "Repayments on a bond of R1000" on page ii. This clever table allows one to calculate the monthly bond repayment on an interest rate ranging from 7.00% to 15.50%.
The Tables of Costs - ready reckoner booklet includes:
- Summary of Bond Repayment Interest Rates/Costs.
- Summary of Bond and Transfer Costs.
- Tables of Transfer costs, and
- Tables of Bond costs, which reflect the abolition of Stamp Duty on mortgage bonds. We have left the Stamp Duty column in these tables and have repeated the 0.00 throughout as a reminder to users of the change.
In order to view and print the booklet you must at the very least have installed Adobe Acrobat Reader ® version 5.0.