REQUIREMENTS FOR THE ISSUE OF A LEVY CLEARANCE CERTIFICATE

1. Completion of Application:
   • The Levy Clearance Certificate application must be completed in full and signed by all relevant parties. Incomplete or unsigned applications cannot be processed.
   • The application may be completed and signed by the transferring attorney on behalf of the parties.
2. Payment of Levies:
   • All levy clearance figures must be paid before the certificate can be issued to the requested parties.
   • Payments must be made into the bank accounts specified in the clearance documents provided to the applicant. Levy amounts due will always be payable into the Body Corporate/HOA bank account. Clearance fees, as listed below, are always payable to Carleon Properties. 
3. Irrevocable Undertaking:
   • The conveyancing attorney handling the property transfer must provide an irrevocable undertaking to pay all levies owing up to and including the end of the calendar month of transfer.
4. Validity Period:
   • The Levy Clearance Certificate is valid for a maximum of 60 days. If a certificate is required after this period, a new request must be submitted, and a fee will apply.
5. Responsibility for Changes:
   • Issuance of a Levy Clearance Certificate does not relieve the owner of liability should levies change or special levies become due between the date of issue and the date of transfer. These amounts remain payable.
6. General Conditions:
   • The Levy Clearance Certificate is issued without prejudice.
   • Submission of this application does not suspend or postpone the obligation to pay levies.
   • The application does not suspend any legal action in progress.
   • Issuance of the certificate does not extinguish any existing obligations.

 

Payment of the fees for the Certificate as follows:

Standard Levy Clearance	R 1,000.00
Re-issue of the Certificate after the period of requested time lapsed	R 600.00
Extension on clearance figures	R 500.00

 

Banking details will be supplied on the levy clearance statement that will be sent to the conveyancing attorneys.

The transferring attorney has advised the purchaser of the following, and the purchaser acknowledges, agrees, and undertakes to adhere to the terms set out below:

1. Levy Payments:
   • Levies are due monthly on the 1st of each month. It is the owner’s responsibility to ensure that levies are received on time, regardless of whether a statement has been issued.
   • Unless otherwise agreed, the first levy payment is due on the first banking day of the month following registration.
   • All levy payments must be made to the respective bank account listed on the levy statement.
   • Cash payments can be made at the relevant bank; note that cash deposit fees will apply.
2. Body Corporate Rules:
   • The purchaser certifies that they have read, accepted, and understood all Body Corporate rules.
   • Copies of the rules can be requested at the offices of the Managing Agents, if not already provided.
3. Amendments and Notifications:
   • Any changes to the information provided herein must be submitted in writing to the Managing Agents.
   • All changes of tenants must be reported to the Managing Agents.
4. Levy Clearance Certificate:
   • No levy clearance certificate will be issued unless this information is fully completed, signed, and agreed to.
5. Legal Declarations:
   • The purchaser chooses domicilium citandi et executandi at the unit.
   • The purchaser consents to the jurisdiction of the Magistrates Court, Johannesburg.
   • If there is more than one registered owner, all owners renounce the benefits of exclusion and division and accept joint and several liability to the Body Corporate.
6. Confirmation:
   • The purchaser confirms that the contents of these terms have been fully explained by the conveyancer.
   • The purchaser confirms that the information provided is correct and that they will abide by the terms outlined above.