The effect of force majeure on the rights and obligations relating to monthly rental. Private and commercial landowners have a right to receive prompt and regular rental payments under a lease agreement. Failure to pay rental promptly and in full will usually constitute a breach of the lease, which in turn could entitle the landowner […]
How To Handle Increased Costs As A Landlord
Property rental has always seen as a safe way to bring in a steady income in a world of so many uncertainties, and while it can be a source of consistent income, it is not without its hiccups. The world hardly stays the same or on a projected path, and if you do not prepare […]
Tips For Effective Communication With Tenants
As a landlord or property manager, looking to foster a successful business relationship with tenants, it’s essential to build trust, and this can only be done via open and effective communication. Whenever money, valuables, assets and legalities are involved, tensions can be high and entering into a long term transactional relationship can quickly turn sour […]
How Rental Deposits Should Be Handled
Renting your property can be a rewarding return on investment and making sure your agreements are set out in a way that both parties fully understand their roles and commitments is essential to ensure a smooth relationship between tenants and landlords. One potential pitful that often causes distress in this relationship is how a tenant’s deposit […]
How To Negotiate A Reasonable Rental Increase
As the economy continues to stagnate and inflation continues to raise prices have no choice but to move with the times and unfortunately, as with most things in life, rent goes up each year. Even though the rental market is a multi-billion Rand industry surprisingly, there is no real science or guideline on how to […]
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