Posted on September 29th, 2011 by heinrich
Conveyancing Fees and the Whole Shebang: Know What You Need To Pay
It’s everyone’s dream to own their own home, but it soon can turn into a nightmares. Conveyancing fees, transfer duties, deeds office levies, bond costs. These are all terms you’re going to come up against when you apply for a home loan.
The most important thing is to know where you stand and know your facts. Do some research and know what you’re up against. The last thing you need is to make an offer on your first home and then to find out you can’t afford something like the conveyancing fees or transfer duties.
Know the Terms
Terms like conveyancing fees or bond costs are alien to some folks who are not clued up on all the legal jargon. Here’s a handy list of some terms you’ll come up against and how it’s going to impact you when purchasing your dream home.
- Deposit – This is the money the bank will require you to put down when purchasing a property (20% is usually the rule of thumb).
- Bond Costs and Transfer Duties – These are the taxes levied by the government on all property transactions.
- Conveyancing Fees – The attorney who registers the property in your name needs to be paid as well as conveyancers, who are appointed by the bank to register a bond for your potential property.
- Deeds Office Levies And Fees – The deeds office falls under the Department of Land affairs and are responsible for registering ownership and rights of immovable property.
- Bank Charges – Financing the purchase of a new home with a bank will incur some costs including, valuation fees, bond initiation fee and an administration fee.
Now you should know all the major terms and it will give you the confidence to reach your goal of owning your own property. Next time someone asks about conveyancing fees, you’ll have the answer ready and waiting.
Contact Details:
Contact Number:
012 654 4107 or 082 578 3104
Fax Number:
012 654 7407
Email:
bert@bertsmith.co.za
Website:
http://www.bertsmith.co.za
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Filed under: conveyancing, Gauteng | No Comments »
Posted on April 21st, 2011 by heinrich
Buying a house can be very exciting, but before diving in head first, make sure you are aware of all the costs involved, like bond costs, transfer duties and conveyancing fees.
When buying a property, you have to pay the conveyance attorneys who register the property in your name, as well as the conveyance attorneys appointed by the bank to register a mortgage bond over your property. These are known as conveyancing fees.
The Law Society of South Africa has recommended tariffs that conveyancing attorneys may charge to transfer property into your name and register your bond. The higher the purchase price of the property, the higher the conveyancing fees.
Contact Details:
Contact Number:
012 654 4107 or 082 578 3104
Fax Number:
012 654 7407
Email:
bert@bertsmith.co.za
Website:
http://www.bertsmith.co.za
This free i Lead Online posting about Bert Smith Inc was sponsored by i Lead Online. Should you wish to advertise for free on this website contact i Lead Online: mailto:info@ilead.co.za, http://www.ileadattorneys.co.za/advertise . You can also advertise for free on the following sites:
Conveyancers and Conveyancing Attorneys, Legal Conveyancing of Property and Conveyancing an Litigation
Filed under: Gauteng, general legal services | No Comments »
Posted on April 21st, 2011 by heinrich
Conveyancing describes the legal procedure whereby ownership of immovable property is changed – that is ownership is conveyed from the existing owner to the purchaser. Every time a property is bought or sold in South Africa, conveyancing attorneys will be involved.
Due to the many people and institutions involved, it is very difficult to estimate precisely how long a transfer should take from the time that the conveyancing attorneys receive their instructions.
Without conveyancing attorneys bond transfer and registration is not possible. The actions of conveyancing attorneys are dictated by the contents of the respective purchase agreement between the property seller and the property buyer as recorded in the Deed of Sale.
Contact Details:
Contact Number:
012 654 4107 or 082 578 3104
Fax Number:
012 654 7407
Email:
bert@bertsmith.co.za
Website:
http://www.bertsmith.co.za
This free i Lead Online posting about Bert Smith Inc was sponsored by i Lead Online. Should you wish to advertise for free on this website contact i Lead Online: mailto:info@ilead.co.za, http://www.ileadattorneys.co.za/advertise . You can also advertise for free on the following sites:
Conveyancers and Conveyancing Attorneys, Legal Conveyancing of Property and Conveyancing an Litigation
Filed under: Gauteng, general legal services | No Comments »
Posted on January 31st, 2011 by zenia
Experienced Bond Attorney in Pretoria for all Conveyancing Matters
Bert Smith Incorporated is an established and reliable bond attorney able to take care of the full array of standard conveyancing, with particular specialisations in the residential and commercial property market. As a multi-pronged bond attorney, Bert Smith is also able to take care of matters such as the opening of township registers, sectional title schemes, servitudes and specialised contracts of all kinds relating to property, as well as providing specialised tax advice regarding Capital Gains Tax, VAT and other taxation issues relating to all kinds of property. Contact Bert Smith Incorporated and speak to an experienced bond attorney about all of your conveyancing matters.
Contact Details:
Website:
http://www.bertsmith.co.za
Tel: +27 12 654 4107
Fax: +27 12 654 7407
Mobile: +27 82 578 3104
Email: bert@bertsmith.co.za
Physical Address:
9 Lauriston Place Street
Glen Lauriston
Pretoria
This free i Lead Online posting about Bert Smith Incorporated was sponsored by i Lead Online. Should you wish to advertise for free on this website contact i Lead Online: mailto:info@ilead.co.za, http://www.ileadattorneys.co.za/advertise . You can also advertise for free on the following sites:
Bond Registrations, Buyer’s Bond and Bond Originators
Filed under: Gauteng, South Africa | 1 Comment »
Posted on December 20th, 2010 by zenia
Conveyancing is the term used to describe the legal process undertaken when fixed property is bought or sold. This area of the law is highly regulated and there are an intricate set of steps and regulations that buyers and sellers have to go through to ensure that the transfer of property is done to the last letter of the law. This is where conveyancing attorneys come in.
A conveyancing attorney is a legal practitioner who has specialised in the area of conveyancing. These qualified professionals are charged with overseeing all property transactions and making sure that it all goes smoothly. Conveyancing attorneys are required to have an extensive working knowledge of all the complexities governing the property law in the country in which they practice.
Contact Details:
Contact Number:
012 654 4107 or 082 578 3104
Fax Number:
012 654 7407
Email:
bert@bertsmith.co.za
Website:
http://www.bertsmith.co.za
This free i Lead Online posting about Bert Smith Inc was sponsored by i Lead Online. Should you wish to advertise for free on this website contact i Lead Online: mailto:info@ilead.co.za, http://www.ileadattorneys.co.za/advertise . You can also advertise for free on the following sites:
Conveyancers and Conveyancing Attorneys, Legal Conveyancing of Property and Conveyancing an Litigation
Filed under: Gauteng, general legal services, South Africa | No Comments »
