How transfer duty works
Transfer duty is a SARS tax on the change of property ownership. It's calculated on a sliding scale, charged in tiers similar to income tax — so the higher the purchase price, the higher the marginal rate, but you only pay the higher rate on the portion above each threshold.
Properties at or below R1 210 000 attract no transfer duty. Above that, rates start at 3% and reach 13% on portions above R13 310 000.
Other property purchase costs
Transfer duty is just one of several costs when buying property. You'll also pay bond registration costs, conveyancing fees, deeds office fees, and a property valuation fee. As a rule of thumb, budget 8–10% of the purchase price for all once-off costs.
Frequently asked questions
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