Landlords, Tenants and the Consumer Protection Act

Linton White By Linton White, 14th Mar 2013 | Follow this author | RSS Feed | Short URL http://nut.bz/43zkvnkq/
Posted in Wikinut>Guides>Property & Real Estate>General

A brief explanation of the New Consumer Protection Act's implications for landlords and tenants in South Africa

Landlords, Tenants and the Consumer Protection Act

South Africa seems to be settling into and understanding the workings of the Consumer Protection Act more and more but unfortunately the majority of us are still in the dark. It is vitally important to both tenants and landlords to ensure that they fully understand how the CPA effects them and what their responsibilities are respectively.


In my opinion, the current legislation that governs the letting of a property is very one sided and does seem to favour the tenant but on the other side of the coin there are landlords who expect too much from their tenant and often are the cause of a sour relationship or ultimately the cancellation of the lease.

Many landlords are asking the question, "what is the point of signing a lease when the tenant can simply give notice at any time and vacate?" The landlord does in fact still have rights and can charge a "reasonable" cancellation penalty. There are obviously parameters and requirements that need to met before making such a charge but this means that it is still of paramount importance to reduce a lease agreement to writing so that in the event of a cancellation it is clear as to what the original agreement between both parties was and will assist when the time for charges comes.

Unfortunately the landlord is the person taking the risk on his/her investment and to me it would make more sense to encourage property investment in a country where accommodation is a concern.

Tags

Act, Consumer, Consumer Guide, House, Household, Houses, Invest, Investing, Investment, Investors, Landlord, Landlord And Tenant Deposit, Landlords, Letting, Properties, Property, Protection, Real Estate, Renting, Tenant, Tenants

Meet the author

author avatar Linton White
I am self employed in the real estate industry. I sometimes use poetry to express emotions that more often than not are difficult to express among others.

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