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What To Expect Regarding Municipal Accounts After Transfer

What To Expect Regarding Municipal Accounts After Transfer

In order for a conveyancer to register a transfer at the deeds office, they are required to lodge a rates clearance certificate (RCC). For both sectional title
Estates: The Administration Of An Insolvent Deceased Estate

Estates: The Administration Of An Insolvent Deceased Estate

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When a person dies, their debts are not discharged as a matter of course. Debts in the sole name of the deceased must be repaid from the estate. But what happen
Deregistration Of Trusts

Deregistration Of Trusts

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A Trust can be created either in terms of a will, alternatively, during the lifetime of the founding Trustee, and is registered at the Masters office in which m
Municipal Clearance Figures

Municipal Clearance Figures

When a seller sells a property, he/she/it is required by law to obtain a rates clearance certificate ("RCC") from the local municipality, which certifies that a
When Does Vat Apply To The Sale Of Residential Property?

When Does Vat Apply To The Sale Of Residential Property?

In every sale of immovable property, transfer duty or VAT is payable. However, in transactions where the seller is registered for Value Added Tax (VAT) then VAT
How Much Can a Municipality Demand a Seller to Pay when Calculating Rates Clearance Figures?

How Much Can a Municipality Demand a Seller to Pay when Calculating Rates Clearance Figures?

Category General
ntroduction This article explains how it is not necessary, in every instance, for a seller of a property to pay all outstanding rates, taxes and service charge
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