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Although the costs of transfer (including transfer duty, transferring attorney fees, deeds office fees, and incidental costs) are usually paid by the purchaser, there are certain costs for the seller when transferring immovable property: 1. Agent’s commission: The commission amount as agreed and accepted by the Seller...

Most first-time home buyers do not anticipate what bond registration and transfer costs amount to. Failing to budget for these expenses can lead to unnecessary stress during the transfer.   For first-time home buyers, transfer costs can come as a bit of an unexpected (and un-budgeted) surprise....

If you are finding yourself working from home and trying to find ways to fill the time that would have been spent on meetings with colleagues and clients, now is an opportune time to review and update your commercial contracts. This article explains why regularly...

Conveyancing is the term to describe the legal transfer of immovable property from one owner to another. After the offer to purchase has been signed and the bond approved, three different sets of attorneys are appointed to handle the existing bond cancellation (cancellation attorneys, who are...

All you need to know about Ante-nuptial contracts. It’s the month of love and time to embrace all things wedding-related. Perhaps you are on the hunt for a venue, eagerly planning your big day. Or as a bridesmaid, you’re helping the bride remember the hundreds of...

All transactions regarding ownership of immovable property (vacant land, houses, flats, farms, and buildings) in South Africa are recorded in a public office, the ‘deeds office’. The records of the deeds office reflect (among other things) the owner of a particular property, the date the...

Disclaimer

The articles on our blog  & website are provided for general information purposes only. Although care has been taken to ensure accuracy, the content provided is not intended to stand alone as legal advice. Always consult a suitably qualified attorney on any specific legal problem or matter.