Agent's Commission
The percentage of commission that the selling agent charges the seller when selling his property, this ranges between 5.7% and 7.98% including VAT.
Bond Cancellation
If you are cancelling your bond within the first two years then the bank wants you to give 3 months notice to cancel otherwise they will charge a penalty fee. On a bond of R500 000 this can be as much as R18 700. The attorney that is cancelling the bond will charge you about R900.
Electrical Compliance Certificate
Electrical: 3 to 4 bedroom house costs R525.00 and a flat R395.00
Beetle Inspection
The beetle inspection on a 3 to 4 bedroom house is R395.00.
Plumbing Inspection
Plumbing on a 3 to 4 bedroom house is R475.00, and on a flat it is R400.00.
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