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Transfer Attorney Quote 2025
Transfer attorney fees went up 5.3% on 27 May 2024. Transfer attorneys (or more fully "property transfer attorneys") and bond attorneys are both types of conveyancing attorneys (the umbrella term).
Property Sale/Purchase & Transfer
The differences between transfer attorneys and bond attorneys are as follows:
-
Transfer Attorney:
- A transfer attorney specialises in facilitating the transfer of property ownership from one party to another.
- They handle all legal aspects of the property transfer, including drafting and reviewing documents such as drafting the deed of sale, contracts, and transfer agreements.
- They ensure that the transfer of property is conducted in compliance with South Africa's laws and regulations.
- Their focus is primarily on the transfer of ownership and the legal aspects of the transaction.
- Bond Attorney:
- A bond attorney specialises in matters related to residential mortgage bonds and the financing arrangements in commercial property transactions.
- They are involved in facilitating the mortgage bond process, which involves securing financing for the purchase of property.
- Bond attorneys review and draft the necessary legal documents related to mortgage bonds, such as loan agreements, mortgage bonds, and bond registration documents.
- They ensure that the bond process complies with applicable laws and regulations governing mortgage bond financing.
Depending on the complexity of a property sale, both types of attorneys may be involved to ensure that all legal aspects are properly attended to.
Transfer attorney fees increase from 27 May 2024
There are numerous fees and costs involved in the transfer process, and you should request a quote above to see them, but a key fee is that "for all work in connection with obtaining registration of transfer of immovable property in any manner not specifically mentioned elsewhere in this guideline, the recommended fee be":
-
Value of property R100,000 or less:
Fee is R6,435 (was R6,110)
A 5.3% increase -
Value of property is R500,000:
Fee is R14,635 (was R13,910)
A 5.2% increase -
Value of property is R1,000,000:
Fee is R24,560 (was R23,335)
A 5.2% increase -
Value of property is R5,000,000:
Fee is R64,260 (was R61,035)
A 5.3% increase -
Value of property is R10,000,000:
Fee is R89,260 (was R84,785)
A 5.3% increase - An additional transfer attorney fee of R5000 is applicable for each additional R1m value of property above R10m
Property transfer & sale Info
Sellers of property & buyers, speak to a property lawyer before you hire an estate agent!
- The property transfer process in South Africa - protect your interests.
- Understanding the various conveyancing costs.
- Usufruct Agreement on Property in South African law.
- Deeds Registeries Act.
- Cape Town Conveyancing Attorneys
- List of the best conveyancing lawyers in Cape Town.
- Checklist to help you identify the best conveyancer near you.
- Blouberg conveyancing attorneys
- Milnerton conveyancing attorneys
- Pinelands conveyancing attorneys
- Tableview conveyancing attorneys
- Conveyancing fees
- Conveyancing quote
- New conveyancing fees from 27 May 2024
- Transfer costs calculator for property anywhere in South Africa.
- Can I negotiate transfer costs?
- Transfer attorney vs bond attorney.
- Fixed fee conveyancing in South Africa. Possible?
- Land conveyancing
- Commercial Property:
- Marriage/Divorce-related:
- How to transfer property from husband to wife (or vice versa); whilst still married (ie not getting divorced).
- "Protection" of fixed property using a trust.
- Conveyancers conduct the transfer of property ownership from one spouse to another (or to a third party, if relevant).
- Liquidator to sell property & divide proceeds as part of divorce.
- Property sales
- Instead of using real estate agents rather use professional lawyers to sell your property.
- Urgent house sale.
- How to check whether an estate agent is licensed.
- Example of a property sales agreement.
- FLISP Housing subsidies.
- Property practitioner's Act.
- Code to guide conduct of property practitioners.
- Property purchases
- Terminology
Conveyancing & property transfer discussion forum
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