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Property Transfer Costs Estimate
Property Value: R 10 000 000
Type of Property: Normal residential Property
| Description | Amount |
|---|---|
| Transfer Duty (no VAT) | R 877 356 |
| Conveyancing attorney fee (Incl. VAT) | R 105 996 |
| Deeds Office Fee (no VAT) | R 3 853 |
| Postage & Petties (Incl. VAT) | R 1 150 |
| Electronic Generation Fee (Incl. VAT) | R 794 |
| FICA (Incl. VAT) | R 460 |
| Deeds Office Searches (Incl. VAT) | R 350 |
| Rates Clearance Fees (Incl. VAT) | R 690 |
Total Transfer Costs Estimate: R 990 649
Type of Property: Inheritance from Deceased Estate
| Description | Amount |
|---|---|
| Transfer Duty (no VAT) | R 0 |
| Conveyancing attorney fee (Incl. VAT) | R 105 996 |
| Deeds Office Fee (no VAT) | R 3 853 |
| Postage & Petties (Incl. VAT) | R 1 150 |
| Electronic Generation Fee (Incl. VAT) | R 794 |
| FICA (Incl. VAT) | R 460 |
| Deeds Office Searches (Incl. VAT) | R 350 |
| Rates Clearance Fees (Incl. VAT) | R 690 |
| Section 42 Certificate Fee | R 1 024 |
Total Transfer Costs Estimate: R 114 317
These calculations do not cater for VAT vendors and do not include bond registration costs. The transfer duty estimates are based on the SARS transfer duty rates applicable from 1 April 2025 on non-VATable property purchases. The conveyancing fees are as per the Law Society of South Africa guidelines for fees for conveyancing of conventional deeds, effective from 1 August 2025. The Deeds Office fees are based on those published in the Government Gazette to be applicable from 28 Feb 2025 to 28 Feb 2026, for the registration of a transfer (ie no bond fees are allowed for); to which VAT at 15.0% is allowed for (the decision to increase VAT to 15.5% on 1 May 2025 was reversed). Please note that all values generated by the Property Transfer Cost Calculator are estimates and may change. We encourage you to discuss these figures with your conveyancing attorney. All estimated calculations are for general information purposes (which we do not warrant the correctness of) alone and are not professional advice. For an official quote, please email lawyer@capetownlawyer.co.za. While we strive for accuracy, we and our owners and staff and associates accept no liability for any errors contained herein. Please be aware that there is a degree of subjectivity involved in these estimates. Under no circumstances shall we and our owners and partners and staff be liable for any loss or damages arising from the use of this calculator and its outputs and related emails. Use at own risk. The information in or any email message sent to you is confidential and is subject to the disclaimer. If you share your email address for information to be sent to you, you agree in doing so that it may be used for marketing purposes; including newsletter marketing.