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RENT News No.38 - Answers

ANSWERS TO QUESTIONS IN RENTNEWS (SEPTEMBER 2017)

  1.   Is a lease agreement signed by all parties necessary for renting of a property?

Whilst it is preferable to have a lease agreement signed by both a landlord and tenant, in terms of the Rental Housing Act Chapter 3 Clause 5 (1)  a verbal lease is legally acceptable.  

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RENT News No.37

Dear Rental Agents

Noted recently is much press publicity about high rentals in the Western Cape.  Some properties remain unlet due to a landlord’s unrealistic expectations of higher rentals coupled with many landlords demanding exorbitant rental increases with existing tenants.   Stable existing tenants who have been caring for their rental properties for a number of years and paying rent regularly are not being given the consideration they deserve.   Landlords are being persuaded that money is the prime object of owning rental property!

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RENT News No.36

Dear Rental Agents

The question of expropriation of property has caused much fear and anxiety as well as many unfounded rumours in our industry.   I outline simply the current constitutional legislation which, keep in mind, would require a 2/3 of parliament to possible change our constitution.

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RENT News No.35

Dear Rental Agent

These past few months have been extremely stressful for rental agents with regard to the water restrictions and their complications.    

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RENT News No.34

Dear Rental Agent

Compliments of the season. May 2017 be a bumper rental year for you! Improve your knowledge and therefore improve your business!

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