Property transfers: Importance of Rate Clearance Certificates

RATES CLEARANCES EXPLAINED  What is a Rates Clearance Certificate? (RCC)  A Rates Clearance is a certificate provided by a suitably qualified conveyancer, on application, to transfer the ownership of a property. This a legal requirement. The RCC certifies that there is no current outstanding debt due, by the seller, on the property. The Registrar of Deeds