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Additional Costs

For the Purchaser, take into account Practice Expenses (R1500 + vat), Bank Inspection and administration charges, first bond instalment, pro-rata share of rates/levies, rates clearance certificate (R150), levy clearance certificate (R800), Cession of exclusive use areas (R2000), Sectional bond building insurance certificate and Financial Statements (R600).

For the Seller, take into account estate agents commission, entomologist's clearance certificate (R500 excluding treatment), electrical compliance certificate (R500 excluding repairs), Bond cancellation (R2500 for first bond), pro-rata share of rates.

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