Compliance Certificates (Coc’s)
Compliance Certificates Explained
Selling a home is not a simple process. Usually, months will pass before the transaction is complete. To expedite the process it is best to deal with the details such as compliance certificates as early as possible, lest these turn into stumbling blocks.
Begin the compliance process early, especially for older homes. Repair faults, e.g. worn wiring, tripping circuit breakers, faulty wall plugs etc.
Your home should look its best when you put it on the market. Therefore, a lick of paint and a tidy garden are important. But, the required Certificates of Compliance (COCs) are even more important. These include the latest approved drawings for the house and an occupation certificate. If you don’t have either you might be able to get both from your local municipal inspectorate.
For extensions or alterations made to the home ensure you have an occupation certificate issued to you by the municipality. The occupation certificate certifies that the alterations conform to the national building regulations and municipal bylaws.
Don’t cause delays
Only the transfer of legally compliant property can be done. This means that the transferring attorney must have all the relevant Certificates of Compliance before the transfer can take place.
The new legislation requires a gas certificate and electric fence certificate (where applicable), in addition to the electrical certificate of compliance. The Cape Town Municipality requires plumbing and water certificates. A beetle certificate is required in older houses mostly in coastal areas.
Some banks and insurance companies require a geyser compliance certificate. This may be part of the requirements by the bank for payment of the buyer’s bond is made.
Each of these usually cost between R1000 and R1500 if nothing needs to be repaired or fixed. Normally it takes only a few days to get these if all is in order.
You may have to have repairs done to ensure that these certificates can be issued. If you do not do this in a timely manner the transfer will be delayed.
Compliance before you list
It is imperative that you start the compliance process before you put your home on the market. Be aware that all banks require certificates of compliance; They will not pay out the buyer’s bond without them. They are also required for the transfer of ownership to take place
It is incumbent on the seller to ensure that the Occupancy Certificates and the council approved plans are current.
In older homes, the electrical system may fall into disrepair (worn wiring, eroded conductors, faulty wall plugs etc.). By doing repairs yourself, or utilizing unskilled contractors is not the answer. This may result in an unsafe installation.
Regular maintenance is a lot cheaper than remedial work. The cost difference can easily be in the thousands of Rands.
Test components such as earth leakage regularly. Attend to electrical faults, and electrical wear and tear immediately.
The addition of the Certificates of Compliance further complicates the selling process. However, they indemnify you and safeguard the purchaser’s investment and ensure safety.
Check regulatory requirements.
Not all service providers are honest. If a quote appears excessive to you, get another one. It is always good to get a second opinion, as some contractors might load their quote with unnecessary work.
Inspected Once, Inspected Right!®