Costs of selling

   
There are a number of costs involved in buying and selling a property, in addition to the payment of the actual purchase price. Most of the costs are for the purchasers account, but the seller does bear a few costs.

The seller is liable for the payment of:
  • agents commission - which is usually payable in terms of a mandate where an estate agent is responsible for concluding a sale of property.
  • the cost of Beetle and Electrical Certificates - which should be obtained before the property is transferred.
  • bond cancellation - The seller must pay up the balance of the existing bond on the property, if any, and/or pay a cancellation fee in respect of the cancellation of the bond.
Please note: We have compiled this information in good faith, but we accept no liability for any errors, or for any use that is made of it, or for any problems or damage that may arise as a result of using or acting upon this information.
For more information, email marketing@rawsonproperties.com or visit www.rawson.co.za for the latest market tips and industry news.

Rawson

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