Consult Attorney
Inspect Property
Notice to Bondholder
Invest Deposit
Know Your Costs
Payment Timing
Timing
Items Included
Compliance Certificates
Clearance Certificate – City Council
- In terms of legislation, the City Council has to provide a rates clearance certificate to confirm that all rates, taxes and services have been paid in full before the transfer of the property can be registered.
- The clearance certificate must be lodged with the Deeds office.
- The Transferring Attorneys obtains clearance figures which is calculated of projected rates and services in advance and any arrear amounts owing.
- Clearance certificates issued are valid for a specified period and thus registration must take place before the expiry thereof.
- The Seller is liable for the payment of the clearance figures due to the City Council for the issuing of the clearance certificate. The seller is entitled to a reimbursement of the pro rata amount paid in advance from date of registration.