Conveyancing Tables - July 2018

The Tables of Costs - ready reckoner has been updated to reflect the recent changes to Deeds Office Fees which come into effect on the 01 July 2018.

It consists of the following sections:

• Summary of Bond Repayment Interest Rates/Costs.
• Summary of Bond and Transfer Costs.
• Tables of Transfer Costs, and
• Tables of Bond Costs.

Download the June 2018 Tables of Costs for Conveyancing

Notes
The calculations in the tables are based inter alia on the following applicable legislation:

1. Conveyancing: Conventional Deeds (Act 47/1937): Guideline of Fees
2. Conveyancing: Sectional Titles (Act 95/1986): Guideline of Fees
3. Interprovincial Apportionment Guidelines: Sectional Titles
4. Interprovincial Apportionment Guidelines: Conventional Deeds
5. Conveyancing fees and Apportionment of fees: Alienation of Land Act

to be found here: Conveyancing Fee Guidelines 2018

and 

6. Deeds Registries Act Amended Schedule of Deeds Office Fees 2018   
7. Rates of Transfer Duty

Three changes have been made to the Tables in the last three months:

1. An increase in VAT to 15% which was announced in the Budget with effect from the 1st of April; 
2. Recommended Guideline of Fees for conveyancers with effect from the 1st of June.
3. Changes to Deeds Office Fees which came into effect on the 01 July 2018.