The ink has dried but nobody’s home!
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Beware the tenant who signs a lease and never moves in. Ensure your lease is effective and binding prior to occupation date!
The latest changes to the LeasePack are small but impactful! They allow the landlord significantly more time, should a tenant choose to vacate at the end of the lease to find a new tenant.
And once the new tenant has signed, the lease now comes into being on the ‘Effective Date’ which provides the surety of seamlessly rolling from one lease agreement into the next.
To download the latest version of the Residential LeasePack, visit the TPN Shop today.
TPN Vacancy Survey Report Q1 2024
Residential rental vacancies in South Africa have reached historic lows, with the national vacancy rate decreasing to 4.42% in the first quarter of 2024, the lowest level since 2016. This trend is driven by high interest rates making homeownership un…
