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The Do’s And Don’ts When Signing A Corporate Lease Agreement – MyPR.co.za
The Do’s And Don’ts When Signing A Corporate Lease Agreement: Jamie Louw, Financial Director of FM Solutions In view of the tough economic climate facing businesses as a result of the COVID-19 pandemic, many companies will be reviewing their space requirements and lease agreements. According to Jamie Louw, Financial Director of FM Solutions (FMS) – a division of the AFMS Group (Pty) Ltd. and one of South Africa’s leading integrated Facilities Management companies – there are various important … [Read more...] about The Do’s And Don’ts When Signing A Corporate Lease Agreement – MyPR.co.za
Rondebosch Golf Club lease renewal under fire from housing activists – News from GroundUp
Rondebosch Golf Club lease renewal under fire from housing activists: City says floodline makes land unsuitable for development Source: GroundUp News. Nigerian protesters want Ramaphosa to help end SARS unrest: Human rights groups accuse the Nigerian police unit of extortion, harassment, torture, and murder Source: GroundUp News. How the Western Cape responded to Covid-19: And how we are moving forward to create jobs Source: GroundUp News. Province goes to court over River Club … [Read more...] about Rondebosch Golf Club lease renewal under fire from housing activists – News from GroundUp
Zimmel Associates secures lease for pharmaceutical manufacturing company in Rahwy – Port Elizabeth in the News
Zimmel Associates secures lease for pharmaceutical manufacturing company in Rahwy: Health Pharma USA, which currently leases 5,000 square feet at 1560-1566 Hart St., Rahway, needed additional industrial space for its growing company. Jaime Zimmel, of Zimmel Associates, was able to ... Source: "Port Elizabeth" - BingNews. Eastern Cape political leadership tests for COVID-19: The Eastern Cape political leadership is setting an example by having themselves tested for the COVID-19 … [Read more...] about Zimmel Associates secures lease for pharmaceutical manufacturing company in Rahwy – Port Elizabeth in the News
Bhisho news: SIU probes 236 ‘dodgy’ lease agreements
SIU probes 236 ‘dodgy’ lease agreements: SIU deputy national head Caroline Mampuru told MPLs at the Bhisho legislature last week that this was part of an investigation into the national public works department. Source: "Bhisho" - BingNews. Axed EC hospital boss sues Bhisho over transfer row: Former Fort England CEO Dr Roger Walsh has taken the Eastern Cape health department to the labour court to demand his job back. This comes more than a year after the provincial department transferred … [Read more...] about Bhisho news: SIU probes 236 ‘dodgy’ lease agreements
PE in the news: Brother’s new lease on life with sister’s kidney
Brother's new lease on life with sister's kidney: They returned when Ross was in Grade 11. Brew lives in Australia, and Ross in Port Elizabeth. Ross said he was born with one kidney. It was while he was in England at the age of 12 when he visited a hospital for a back problem that doctors discovered it. Source: "Port Elizabeth" - BingNews. Sunwolves' capitulation in Tokyo a horrible start to Super Rugby season: The Kings, another of the competition's lame ducks, got done 39-26 by the … [Read more...] about PE in the news: Brother’s new lease on life with sister’s kidney
‘Tenant’ used as a dangling carrot
This week, the Property Poser expert follows up on a recent letter from a reader who asked whether she should employ an agent in letting her property. In brief, the general conclusion was that if the agent could expedite the process and provide a service that the reader might not have been able to provide herself, there might be some value in it. The reader elected to use the agent's services, as he was insistent that he had a number of qualified tenants already interested in the … [Read more...] about ‘Tenant’ used as a dangling carrot
Tenant awaits lease and repairs
This week the Property Poser panel assists a reader who has rented premises for the past five months but has yet to receive a copy of her lease agreement, despite requesting it on a number of occasions. Of greater concern to her is the fact that the problems with the rental property, as identified during a jointly conducted inspection, have still not been addressed or repaired. She explains that an agent from a well-known rental agency assists her landlord, so the delay is unexpected and … [Read more...] about Tenant awaits lease and repairs
Unjust landlord gives two weeks’ notice
A tenant has approached the Property Poser experts about how to deal with a particularly difficult and unjust landlord. The reader explains that her problems began shortly after taking occupation of the rental property in February this year. It seems that the landlord presented her with a lease agreement for her to sign but the agreement was defective. It stated that the reader would pay no deposit when, in actual fact, she had paid a deposit commensurate with a month's rental. At the … [Read more...] about Unjust landlord gives two weeks’ notice
A number of leasing questions answered
This week the Property Poser experts tackle a few common leasing questions from various readers. The first question relates to the payment of interest in a case where the lease agreement specifically made provision for no interest to accrue on the deposit held by the landlord. According to Susan Chapman from Rawson Properties Port Elizabeth Platinum, the Rental Housing Act provides that the deposit must be invested in an interest-bearing account with a financial institution. "The … [Read more...] about A number of leasing questions answered
Tenant underpaid due to oversight
This week, the Property Poser experts deal with a situation in which a tenant has been inadvertently underpaying her monthly rental for approximately a year. The reader writes that, upon termination of her lease, the agency used by her landlord to collect the rental discovered that they had been invoicing her incorrectly. The tenant had dutifully paid the monthly amount based on the invoice submitted. The outstanding sum has subsequently been deducted from the deposit she paid upon … [Read more...] about Tenant underpaid due to oversight
Written lease better than one’s word
This week, the Property Poser experts grapple with an interesting question from a tenant regarding the merits of a verbal lease contract over one in which the terms are reduced to writing. According to Rian du Toit from DTS Attorneys in Port Elizabeth, South African law recognises both written and oral agreements. "In order for an agreement to be concluded, all parties should be clear with regard to its terms." In the instance of a lease, issues such as the rental payable and preferably … [Read more...] about Written lease better than one’s word
New Landlord, New Lease, Angry Tenant
A reader has approached the Property Poser experts with a few problems, including the manner in which her landlord has dealt with her deposit. The tenant writes that she has been renting a residential property for the past two years. In terms of her original lease agreement, she had to pay a deposit of R3 700 along with a key deposit of R200 and would not receive interest upon refund of the deposit. At some stage the original landlord merged into another company, which simultaneously … [Read more...] about New Landlord, New Lease, Angry Tenant
Early cancellation leads to lease disagreement
This week's scenario presented to our Property Poser panel relates to the early cancellation of a lease by a landlady. The tenant recently received a call from the person in question, who requested that she vacate the property as soon as possible to accommodate her daughter who was unexpectedly returning from overseas. During the conversation the landlady, who realised that she was terminating the lease before the end of the term, offered to waive the last month's rental. The reader was … [Read more...] about Early cancellation leads to lease disagreement
