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|
|Conveyancer's fee||6 800|
|Transfer Duty||30 900|
|Deeds Office fee||400|
|Conveyancer's fee||2 700|
|Deeds Office fee||260|
|Totals||35 000||10 100||720||700||31 082|