Initial Letter to Buyer
FAQs
Frequently Asked Questions.
The Sale of Immovable Property.
Agreement of Sale – a written agreement, in which the Purchaser, the Seller and the immovable property as well as the purchase price are specified...
May Non-Residents buy a property in South Africa?
Yes, Non-residents may bring money into South Africa without restriction...
Who is responsible for the Electrical Compliance Certificate?
It is the Seller's responsibility to hand a valid Electrical Compliance Certificate to the Purchaser...
Will I get a refund from the Local Authority after registration?
This is a lengthy process at best...
Why should a Rates and Taxes Clearance Certificate be obtained?
Legislation requires a Clearance Certificate from the Local Authority needs to be lodged simultaneously with Transfer Documents...
What is Capital Gains Tax?
When is CGT levied – with effect from the 1st October 2001, liability for CGT occurs when an affected capital assets is disposed of...
To whom is Transfer Duty Payable and How Much?
Transfer Duty is not to be confused with Transfer Costs or Fees...
Case highlights risk of using multiple estate agents
SARS : E-filing of transfer duty receipts- Issues
