Total Cost (incl. VAT) The cumulative cost of registering your new bond and transfering the property into your name.
Total Bond Costs The total bond to be repaid, including registration costs, deeds office fees, bank initiation fees, post, petties, FICA and other fees
Bond Registration Costs Fees for the services of registering (bond) attorneys to get your bond registered over the Title Deed of the property.
Bonds Deeds Office Fees Fees published in the Government Gazette and based on the bond amount.
Post, Petties, FICA, Other Fees Costs incurred during bond registration and transfer, including telephone, postage, courier, administration and bank charges.
Total Transfer Costs The total transfer cost to be repaid, including transfer duty, property transfer costs, transfer deeds office fees, post, petties, FICA and other fees.
Transfer Duty The government's acquisition tax that you pay to transfer a property into your name. There is no transfer duty on property valued up to R1.1 million.
Property Transfer Costs Not the same as transfer duty, transfer costs cover the transfering of the property into your name, and are payable to the transferring attorneys.
Transfer Deeds Office Fees The fees for registering a property transfer to your name at the Deeds Office.
Post, Petties, FICA, Other Fees Costs incurred during bond registration and transfer, including telephone, postage, courier, administration and bank charges.
