Rates Clearance Certificate from the Municipality.

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Rates Clearance Certificate from the Municipality.

 

 

When a property is changing ownership the transferring attorney will

 need to apply to the council (local authority) for a rates clearance

 certificate. The clearance figure is normally six months in advance

on the sellers account. Only once the amount is paid in full will the

 council give the transferring attorney the clearance certificate.

Without the clearance certificate the transfer will be rejected by

 the Registrar of Deeds and this will prolong the change of ownership.

 After registration the council will refund the seller the amount paid

 in advance. The transferring attorney will notify the council of the

registration, however it is not their responsibility to get the refund

back it is ultimately the responsibility of the seller. Due to workloads

 

 at the council it normally takes several months to obtain the refund.

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Written by Louwrens Koen Sunday, 12 February 2017 Posted in Property Transfer Costs , Property Law and Conveyancing
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