Room Rental Lease Agreement - Can Couples Rent a Room?When couples rent a room they will most often sign as co-tenants to the lease agreement.It may be an attractive proposition for the homeowner or landlord because two income streams allows for affordability of the rental....
Renewing your rental lease agreement With many residential property leases coming up for renewals, PG van der Linde, rentals manager forSeeffPretoria East, highlights the need to negotiate previously stipulated escalation percentages in renewed lease agreement. It goes without saying that no renewal or...
READ:The importance of having a decent lease agreement “Understanding the local rental market is crucial for both determining an appropriate rental rate for your property and attracting good tenants,” says Adrian Goslett, Regional Director and CEO of RE/MAX ofSouthern Africa. “Overpricing your pr...
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A financial lease is a method used by a business for acquisition of equipment with payment structured over time. To give proper definition, it can be expressed as an agreement wherein the lessor receives lease payments for the covering of ownership costs. Moreover, the lessor holds the responsi...
I had an accident and the waiver of liability included in the rental contract agreement didn't matter in the end when the renter hired an attorney specializing in boating related accidents. The insurance company is now bankrupt and the totalled ski was never replaced. The attorney sued everyone...
The Act mentions that in the absence of an agreement / statement of information, the landlord / tenant is not entitled to any relief. To truly formalize the rental market, authorities should consider incorporating this clause for at least premium assets. ...
“Tenants are also generally expected to handle basic maintenance tasks like pool and garden care, replacement of consumables like lightbulbs and tap washers, and good home hygiene,” she says. “Remember, just because these details are laid out in your lease agreement rather than government legisl...
A rental agent also provides benefits to tenants by ensuring there is a proper lease agreement in place that protects their rights. "Conducting impartial and thorough entry and exit inspections also protects the best interests of both the tenant and landlord," says Willson. ...
Chris Renecle, MD of Renprop, who says tenants often come unstuck when they take the signing of a lease lightly and don’t familiarise themselves with all the terms and conditions contained therein. A proper lease agreement, Renecle explains, will ensure both parties’ rights are protected. ...