What happens where the property being rented is in a sectional title scheme, such as a block of flats, apartment complex, etc. What is the relationship between the tenant, the landlord and the body corporate? And in particular, what happens when a dispute occurs, such as non-payment of utilities, or a breach of the building’s […]
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 […]
How Tenants Can Reduce Their Carbon Footprint
Environmental impact has become a major concern when it comes to urban development and the impact it has on our world. The modern way of living with all its conveniences comes at a cost to the earth with the use of energy and creating harmful byproducts through consumption. This way of life results in a […]
The Impact of The Proposed Rental Housing Amendment Act
It is expected that South Africa will soon see important changes to its rental housing legislation. The Rental Housing Amendment Act 35 of 2014 (“the Amendment Act”) has been looming for some time. While no firm date has been set for it to come into operation, landlords and tenants will be required to comply with […]
How Rental Income Is Taxed In South Africa
Owning additional property and renting it out for an additional income has become a popular choice for many South African’s looking to diversify their portfolio. The rise in property prices has seen it become increasingly unaffordable to purchase for many first time buyers while those who have resources or access to finance have given rise […]