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Rates, taxes and levies

Rates, taxes and levies are fees paid to the authority that services your property such as a body corporate or municipality.

These fees are dependent on your property type and are paid to the authority which services your property such as a body corporate or municipality.

If you are buying a freestanding property you will be charged monthly for municipal rates and taxes.

This charge covers the services provided by your local municipality such as sewerage facilities, roads maintenance, street light maintenance and refuse collection.

If you are buying a sectional title property such as a property in a complex or a flat, you will be charged levies. These are the costs involved in running the complex, and include municipal rates and taxes, limited building insurance coverage, repairs and maintenance.

Homeowners insurance

Utility Fees