Conveyancing Tables – May 2022

The LexisConvey Conveyancing Tables have been updated to reflect the recent changes to Deeds Office Fees and Conveyancing Fees Guidelines which came into effect on 16 May 2022.

The Tables of Costs Ready Reckoner has been updated to reflect the changes made to the Conveyancing Fees Guidelines for the transfer of immovable property (applicable from 16 May 2022).

It consists of the following sections:

• Summary of Bond Repayment Interest Rates/Costs.
• Summary of Bond and Transfer Costs.
• Tables of Transfer Costs, and
• Tables of Bond Costs.

Download the May 2022 Tables of Costs Ready Reckoner

Notes
The calculations in the tables are based inter alia on the following applicable legislation:

1. Conveyancing: Conventional Deeds (Act 47/1937): Guideline of Fees
2. Conveyancing: Sectional Titles (Act 95/1986): Guideline of Fees
3. Interprovincial Apportionment Guidelines: Sectional Titles
4. Interprovincial Apportionment Guidelines: Conventional Deeds
5. Apportionment of Fees: Wasted costs
6. Conveyancing fees and Apportionment of fees: Alienation of Land Act

to be found here: Conveyancing Fees - May 2022

and

1. Deeds Office Schedule of Fees of Office April 2022 (Please note the Tables of Costs were not updated for the interim period of six weeks from 1 April to 15 May when only the new Deeds Office fees were in effect).
2. Rates of Transfer Duty (unchanged in the 2021 and 2022 Budget).