05/08/2026
๐๐๐ค ๐๐๐ฎ๐จ ๐๐ง๐๐ฃ๐จ๐๐๐ง ๐ฟ๐ช๐ฉ๐ฎ ๐๐ฃ๐ ๐๐ฉ๐๐๐ง ๐๐ง๐ค๐ฅ๐๐ง๐ฉ๐ฎ ๐๐ง๐๐ฃ๐จ๐๐๐ง ๐พ๐ค๐จ๐ฉ๐จ?
Buying a home is an exciting milestone and understanding the costs involved can help you budget with confidence.
The purchaser is responsible for paying the transfer costs associated with registering the property in their name. These costs typically include the conveyancing attorneys fees, Deeds Office fees, and other administrative charges.
Transfer duty is only payable on properties with a purchase price of R1 210 000 or more. If you're buying a property below this threshold, you won't pay transfer duty, although the transfer costs will still apply.
The seller is responsible for the estate agent's commission, bond cancellation costs (if there is an existing bond), and any required compliance certificates.
Understanding these costs before making an offer can help you budget properly and avoid unexpected surprises. If you're unsure what costs to expect, speak to the property practitioner assisting you with your purchase, they can provide a detailed estimate of the costs before you buy.
