Turning your home or second property into a source of income may sound like a wonderful way to generate a secondary source of revenue or a passive income, but it isn’t always smooth sailing. The residential rental market comes with its own set of obstacles for landlords and ensuring those monthly payments keep coming in […]
The effects of the Consumer Protection Act on notice periods for Agreements of Lease.
Section 5(1)(a) of the Consumer Protection Act No. 68 of 2008 (the “CPA”) states that the CPA applies to every transaction occurring within the Republic of South Africa. The word “transaction” is in turn defined as an agreement between parties for the supply of goods and/or services for consideration. The question which follows is whether […]
Smart storage ideas when renting a small space
Renting a home, flat or apartment means having your own space where you can customise it to how you feel. No matter how small it is, having a place to call your own a great achievement for many, especially if you are used to sharing your space with others. When going out on your own […]
How Much of Your Salary Should Go Towards Rent?
Living expenses are constantly on the rise and in these tough economic times, having a budget is extremely important. Making sure that salary you earn can service all your basic needs and that you have some left over at the end of the month for your savings is important for every South African, young and old. Rent […]
When A Landlord Should Start The Eviction Process
Renting property can be an enjoyable and profitable exercise for many landlords, but it won’t always be smooth sailing and there are going to be times where you are faced with tough decisions. Hopefully, you always find reliable tenants and you can avoid the pain of mediation. Some landlords, however, will be faced a situation where […]