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5.2 within 3 days before the lease expires, the landlord and tenant must jointly inspect the .. 6. the tenants obligations. 6.1 the tenant must. 6.1.1 pay the rent, timeously and without remission, set-off or deduction for any reason except where allowed for in terms of clause 11.1
Apr 25, 2016nbsp018332unfortunately because youve got a lot of private landlords in south africa there isnt a lot of understanding on what youre meant to do with a deposit. its meant to sit in trust, effectively. so go into a bank account and earn interest until you pay it back to the tenant at the end of the lease.
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The lease is complete, legally binding, and protects their interest. names of the parties the lease should include the name and address of the parties, both the landowner and the lessee. duration of lease the length of the lease should be specified with particularity and may range from a
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Escalation rates are generally in the 8-10 range, although these can fluctuate depending on the length of the lease. in a longer term lease 3 years the tenant may find the landlord more willing to settle for a lower escalation rate. this escalation rate usually applies to the basic rental rate and parking.
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This was the key message contained in detailed reports on south africas rental property market this week. the research by tpn, a credit bureau which specialises in information for landlords, shows that tenants in the countrys most exclusive suburbs are the worst payers. hard-working salary earners who want to maintain a good credit record ...
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Adrian goslett, ceo of remax of southern africa, explains that south african law states that a landlord is not prohibited from selling the property to a third party while the property is housing a tenant and a lease agreement is in place. however, in terms of the legal principle huur gaan voort koop, the lease precedes the sale and the tenant is entitled to retain occupation of the property ...