Frequently asked questions
Do I have to pay taxes on the sale of my deceased parents’ home?
Yes. Taxes will be payable either as part of the Estate if you sell it before the Estate is finalised, or as Capital Gains Tax on your individual profile if you sell it after you have inherited it.
Can a house (property) stay in a deceased person’s name?
No, all assets in the name of the deceased will have to be transferred to the heirs of the Estate to be able to close off an estate and obtain the filing slip from the Master of the High Court, according to the deceased Administration Act.