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Tag: rent

Tenant Credit Scoring

It is the tenant’s responsibility to make sure that the rent is received, so the tenant has to show proof of payment (for example, a bank-deposit slip). If a tenant can’t do so, notice in terms of the lease agreement can be given to the tenant and a court order...

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Rental Security Deposit

Moving into a new rental property is very expensive. A large portion of that cost is the rental deposit. A rental (security) deposit is money aside from the payment of rent that a landlord requires a tenant to pay to be kept separately in a fund for use should the...

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Utility Tarrif Hikes

The National Energy Regulator (NERSA) gave Eskom the go-ahead in February to raise its tariffs by 25% from 1 April, which in most municipalities is being passed on to electricity consumers. Add to this the new water tariff, and the monthly burden adds considerably to the consumers household bills. With...

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Rental Defaulters – Landlords Knocking!

Recent High Court decisions brought good news for landlords and body corporates.  The decisions held that defaulting sectional title owners and tenants of leased property cannot hide behind the debtor protection provisions of the National Credit Act. In summary, the NCA debt counselling process, with its inherent delays and risks...

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