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Stay secure when tenants go into business rescue
There are two words that every landlord and property practitioner fears: Business Rescue. The reality is that multiple companies over the past few years have struggled financially. By the third quarter of 2024, CIPC data indicates that 424 South Afri…
The legalities around levies in South Africa – What they are and why they matter
In the world of sectional title living, levies are a fundamental component of property ownership. What, how and why are the questions that this article will address, so let’s delve a little deeper for a better understanding. What are levies? Levies…
Are ‘administration fees’ enforceable in South African rental law?
As a property practitioner, your role in the rental market is pivotal. You are the bridge between landlords and tenants, ensuring that both parties’ interests are protected within the bounds of the law. However, recent questions from the industry h…
Understanding the Landlord’s Tacit Hypothec
The LeasePack Residential Lease makes provision for the common law remedy available to landlord’s known as the Landlord’s Tacit Hypothec. The Landlord’s Tacit Hypothec can be defined as a form of real security which secures the tenant’s oblig…
Avoid costly disputes and unfair dismissal claims
In today’s challenging economic climate, retrenchments have become a common occurrence. However, as an employer, it is crucial to navigate this process carefully to avoid costly legal disputes and unfair dismissal claims. A recent case, Bhyat v…
The legal consequences of unpaid school fees in SA
Although April saw a slight slowdown in inflation, the general indication from analysts has been that there is unlikely to be an interest rate cut this year. High interest rates and static household incomes have continued to keep enormous pressure on…
Rely on a written mandate or risk a costly dispute
When it comes to paperwork in the property industry, people can be reluctant to conclude written agreements with many believing that it is easier to have your agreements concluded orally. Besides ease, the thought process is that you are reducing pap…
Commercial rental success: Protect your rights and your deposit
One of the most important aspects of a successful property transaction, specifically a commercial transaction, is having a fully signed and initialled lease agreement in place. Although this may seem like a given, many lease agreements are in fact le…