Conveyancing Fees – May 2022
13 May 2022 12:00 by John de Villiers
- Conveyancing
- Real Estate Land and Conveyancing
- Conveyancing/Tables of Costs
- Conveyancing Tables
- Transfer Fees
The Law Society of South Africa (LSSA) has published its most recent Conveyancing Fees Guidelines. These apply to instructions received as from 16 May 2022.
This fees guideline applies to instructions received as from 16 May 2022, and conveyancers must note that Conveyancing fees are negotiable as they are merely guidelines and not minimum fees. The guideline consists of the following divisions:
- Conveyancing: Conventional Deeds (Act 47/1937): Guideline of Fees
- Conveyancing: Sectional Titles (Act 95/1986): Guideline of Fees
- Interprovincial Apportionment Guidelines: Sectional Titles
- Interprovincial Apportionment Guidelines: Conventional Deeds
- Apportionment of Fees: Wasted costs
- Conveyancing fees and Apportionment of fees: Alienation of Land Act
The Conveyancing Tables will be updated to reflect these new fees as per the Schedule, as will LexisConvey.
Value of Property or Bond | Recommended Guideline |
< = R100 000 | R5 710 |
Over R100 000 up to and including R500 000 | R5 710 plus R910 per 50 000 or part thereof above that |
Over R500 000 up to and including R1 000 000 | R12 990 for the first R500 000 plus R1 760 per R100 000 or part thereof above that |
Over R1 000 000 up to and including R5 000 000 | R21 790 for the first R1 000 000 plus R1 760 per R200 000 or part thereof above that |
Over R5 000 000 | R56 990 for the first R5 000 000 plus R4 440 per R1 000 000 or part thereof above that |