Kingsview, White River, Mpumalanga ID 1244481
Vacant Land
0.0
0
1099m2
Please note that banks generally require a minimum 40% deposit for bond approval on all vacant stands. Ensure your financing is in order before proceeding. Large vacant corner stand in a quiet area. Close to town and all major routes. Come and build your dream house here! There’s often confusion between Transfer Duty and Transfer Fees, so here’s a quick breakdown to clarify: Transfer Duty is a tax paid to SARS when purchasing a property. However, for properties valued between R0 and R1,100,000, no transfer duty is payable—this is a tax exemption for properties in that price range. Transfer Fees, on the other hand, are legal fees charged by the conveyancing attorneys who handle the registration of the property in your name. These fees are still payable regardless of whether Transfer Duty applies. If you're taking out a bond (home loan) to finance the property, then an additional fee called the Bond Registration Fee will be payable. This is handled by a separate attorney known as the Bond Attorney. So in most financed property transactions, there are two sets of attorneys: The Conveyancing Attorney – registers the property in your name. The Bond Attorney – registers the bond in favour of the bank.
Nelspruit Homes
Interested in properties in this area? Enter your email and get regular updates about properties.
Property Not Available? Report it