T4. Seller Cost Summary

Calculate the estimated cost a seller will pay when selling a property

SELLER COST ESTIMATION
The following is an estimation of costs involved in the transfer of a property  
Selling Price 1 580 000,00
Practitioner’s commission (7.5%)
Outstanding Bond (R900 000)
Bond Attorney Cancelation fees
Bond Cancelation (10.5%)
Electrical Clearance Certificate
FICA  
Pro-rata Rates and Taxes/levies (R1200 p.m)  
Nett selling price  
   
SELLER COST ESTIMATION
The following is an estimation of costs involved in the transfer of a property  
Selling Price      830 000,00
Practitioner’s commission (7.5%)
Outstanding Bond (R350 000)
Bond Attorney Cancelation fees
Bond Cancelation (10.5%)
Electrical Clearance Certificate
FICA  
Pro-rata Rates and Taxes/levies (R550 p.m)
Nett selling price  

 

 

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