Statistics Act, 1999
R 385
Housing Consumers Protection Measures Act, 1998 (Act No. 95 of 1998)Home Builder Grading SystemChapter Seven : Applicable Fees |
In order to reward home builders who consistently meet the Key Performance Indicators and the additional criteria set out Chapter 4 above, home builders will be charged enrolment fees on the following differential sliding scale, based on their grading:
TABLE OF FEES
|
Selling Price |
Grade A |
Grade B |
Grades C & U |
Grade D |
|
(i) less than R500,000 |
0.9% of selling price |
1.2% of selling price |
1.3% of selling price |
1.5% of selling price |
|
(ii) greater than or equal to R500,000 and less than R1,000,000 |
R4,500 + 0.69% of amount exceeding R500,000 |
R6,000 + 0.92% of amount exceeding R500,000 |
R6,5000 + 1.0% of amount exceeding R500,000 |
R7.500 + 1.15% of amount exceeding R500,000 |
|
(iii) greater than or equal to R1,000,000 and less than R2,000,000 |
R7,950 + 0.60% of amount exceeding R1.000,000 |
R10,600 + 0.69% of amount exceeding R1,000,000 |
R11,500 + 0.75% of amount exceeding R1,000,000 |
R13,250 + 0.87% of amount exceeding R1,000,000 |
|
(iv) greater than or equal to R2,000,000 and less than R5,000,000 |
R13,950 + 0.40% of amount exceeding R2.000.000 up to R5,000,000 |
R17,500 + 0,46% of amount exceeding R2,000,000 up to R5,000,000 |
R19,000 + 0,5% of amount exceeding R2,000,000 up to R5,000,000 |
R21,950 + 0,58% of amount exceeding R2,000,000 up to R5,000,000 |
|
(v) greater than or equal to R5.000,000 |
R25,950 |
R31,300 |
R34,000 |
R39,350 |
