Know your landlord-tenant obligations
Anyone involved in letting or renting residential property will attest to the fact that dealing with a difficult landlord or an unhappy tenant is a recipe for a bad day at the very least. As a tenant,...
View ArticleFixed-term property lease should protect all parties
A fixed-term lease agreement between a tenant and landlord provides security to both parties, assuming that both are in position to honour all the terms and conditions contained in the agreement. Let...
View ArticleBuying property off-plan
In recent months there have been signs that residential property developers of multi-unit sectional title schemes are once again becoming active, says Tony Clarke, managing director of the Rawson...
View ArticleIMPORTANT TO GIVE CONDUCT RULES OF SECTIONAL TITLE SCHEME TO TENANTS AS PART...
When signing a lease the landlord should attach and disclose prior to signing the lease, all the terms and conditions of living in that home, says Michael Bauer, managing director of the estate agency...
View ArticleE-tolls are expected to cause mass tenant migration
The introduction of e-tolling is set to cause a major upheaval in the Gauteng property market, and especially in the rental sector. “The toll fees are going to place an additional strain on household...
View ArticleFewer property investors drive high property rentals
The last decade has seen limited rental stock formation with an average of only 9% of homes purchased intended to be investment properties. Over the past year the PayProp Rental Index has recorded...
View ArticleManaging your tenants rental deposit properly is important
With high debt-to-disposable income levels and the difficulty of obtaining a home loan still a factor, more and more South Africans are opting to rent property. Although this is good news for landlords...
View ArticleCourt may order salary deduction to pay rent
Where a tenant owes rentals, his landlord can obtain a court order that would compel the tenant’s employer to deduct a specific amount from his salary to be paid to the landlord in installments. This...
View ArticleDon’t let tenants jeopodise your sale
Property owners should be aware that if can be difficult to sell if they have tenants in place. ‘Unfair it may be, but tenants generally have a reputation for not keeping homes in the best condition,...
View ArticleNew bill shields tenants and landlords
Two weeks ago, Human Settlements Minister Connie September introduced the Rental Housing Amendment Bill in the National Assembly. One of the major changes is the inclusion of ‘maintenance’ of the...
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