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Sellers and mandates

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Mandates and sellers

Estate agents may not offer your property for sale unless you have given them a mandate. “Mandate” means an instruction or an authority given to, and accepted by, an estate agent to render an estate agency service. Estate agents may not market a property at any price: you must agree to it. Also, they may […]

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Transfer and bond registration costs explained

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Transfer Costs These must be paid once off to the transferring attorneys as soon as possible and before date of registration. It consists of the following: Transfer Duty: This is a Government Tax (payable to SARS) levied to transfer the property from the seller’s name into the buyer’s name. It generally constitutes the major portion […]

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