What documents are needed to sell a house in South Africa?

What certificates are required when selling a house?

Certificates to have when selling a home

  • Electrical certificate. It is compulsory for homeowners to be in possession of a valid Electrical Certificate of Compliance (ECOC) when selling their home. …
  • Electric fence. …
  • Water installation. …
  • Gas compliance. …
  • Beetle certificate of clearance.

What documents do I need to sell my house without an agent?

The Most Common Paperwork For Selling A House By Owner

  1. Residential Property Disclosure Form. …
  2. Sales Contract. …
  3. Title Reports. …
  4. Deed. …
  5. Loan Documents. …
  6. Latest Utility And Property Tax Bills. …
  7. Homeowners Association Agreements And Rules. …
  8. Plans And Permits.

What does the seller have to pay when selling a house in South Africa?

The property seller will have to pay three to six months’ worth of rates and taxes to the local council, so as to ensure those costs are covered during the home selling process. The seller will need to provide the attorney a certificate proving that the property is covered for these costs.

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How do I sell my house privately in South Africa?

The guide to selling your home privately in South Africa

  1. Decide whether you want to sell using an agent or privately. …
  2. Determine the correct selling price for your property. …
  3. Get your home ready for sale. …
  4. Advertise your property. …
  5. Choose a conveyancer. …
  6. Conduct viewings of your home. …
  7. Finalise the house sale.

What legal requirements are needed to sell a house?

What Documents Do You Need to Sell Your House?

  • Proof of your identity. …
  • Property title deeds. …
  • Shared freehold documentation. …
  • Energy Performance Certificate. …
  • Management information pack. …
  • Fittings and contents form. …
  • Property information form. …
  • Mortgage details.

Do you need a plumbing certificate to sell a house in South Africa?

WHAT CERTIFICATES ARE REQUIRED? There are five certificates that must be supplied when you sell your home, namely electrical, gas, electric fence, water/plumbing and beetle certificates. These certificates must be obtained at your own cost and anything that needs to be fixed must be fixed by you.

Do you need a lawyer to sell a house?

Except for a few states where you are required to hire a real estate attorney to do your closing, you do not have to hire an agent or attorney to help you. … Or you might take care of most of the selling tasks yourself, and hire an attorney to help with the negotiations and closing paperwork.

What documents do I need to keep after selling my house?

until you sell your home. Closing documents: Retain a copy of any document signed during your home’s closing as a backup. This may include the purchase agreement, addendums, disclosures and repair requests, escrow information, inspection reports, and a closing statement.

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What is the first step to selling your home?

Here are 12 steps to take to sell your home in 2021:

  1. Hire an agent who knows the market.
  2. Set a timeline for selling your home.
  3. Get a pre-sale home inspection.
  4. Don’t waste money on needless upgrades.
  5. Get professional photos.
  6. Put your house on the market.
  7. Set a realistic price.
  8. Review and negotiate offers.

What should you not fix when selling a house?

Your Do-Not-Fix list

  1. Cosmetic flaws. …
  2. Minor electrical issues. …
  3. Driveway or walkway cracks. …
  4. Grandfathered-in building code issues. …
  5. Partial room upgrades. …
  6. Removable items. …
  7. Old appliances.

What tax do you have to pay when you sell your house?

In NSW only buyers have to pay stamp duty on the sale of a property. However, there may be other taxes you’ll need to pay, particularly if you’re selling an investment property. GST doesn’t generally apply to the sale of residential property.