Non-payment and breaches of sectional title conduct rules are the biggest rental property issues
WHILE THE demand for residential rentals in South Africa is rising, so is the number of defaulting tenants. The depressed economy, interest rate hikes, and the pandemic’s lingering impact on jobs and income, are contributing to an increasing number of South Africans failing to pay their rent.
In a recent webinar, one of the authors revealed that their firm is doing around 40 residential evictions a month, and that non-paying tenants are the biggest issue in the rental property arena. The next big concern that he cited was landlords who are too ‘robust’ and rush into suing or evicting defaulting renters.
This is not the ideal first course of action. Evicting someone and suing them costs money. No court will award you the costs that you had to pay your attorney. Negotiation may be wiser, and landlords should be mindful of …