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Tenant pays premium for shop space

Property Section - Property Articles

  The Property Poser panel this week helps a reader who is concerned that the rental on his commercial property is unjustifiably higher than that of a similar shop space next door. The reader explains that he is halfway through a five-year lease and recently discovered that the neighbouring premises, which is approximately the same size and similarly outfitted, was recently rented out for 20 per cent less than what he is paying.

By Grant Hill and Schalk van der Merwe Read Article

 

Electrical contractor in dark about claim

Property Section - Property Articles

  This week the Property Poser experts deal with a rental query from a rather unusual source – an electrical contractor who was hired to do work at a restaurant.  The restaurant in question is in a leased portion of a larger building and the restaurant owner, who is merely a tenant, indicated that the owner of the building would make payment for the work done.d didn't conduct an inspection of the property to check for defects or problems.

By Bolander Property Read Article

Electrical contractor in dark about claim

Property Section - Property Articles

  This week the Property Poser experts deal with a rental query from a rather unusual source – an electrical contractor who was hired to do work at a restaurant.  The restaurant in question is in a leased portion of a larger building and the restaurant owner, who is merely a tenant, indicated that the owner of the building would make payment for the work done.d didn't conduct an inspection of the property to check for defects or problems.

By Bolander Property Read Article

Tenant holds rental to ransom for repairs

Property Section - Property Articles

  This week the Property Poser experts assist a reader who is withholding her rental payment, in an effort to force her landlord to effect repairs to the property. The tenant explains that she rented a house at the beginning of this year, but the agent representing the landlord didn't conduct an inspection of the property to check for defects or problems.

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Bringing 97 on Strand alive

Property Section - Property Articles

  97onstrand-tWith 50% of apartments and 80% of the retail component sold, residents and retailers are now moving into 97 On Strand, on the site of former landmark the Rialto Cinema in Beach Road, Strand, bringing this building to life. One of the first to buy an apartment in the building was Ron Silke, who returned to live in the Strand after 43 years in Johannesburg.

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Ruthless landlords using crafty technique

Property Section - Property Articles

  A rental dispute where he was asked to step in and help, has shown again that ruthless landlords can avoid being held accountable by the Rental Tribunal Board if they issue their tenants with a summons early on in the dispute, says Bill Rawson, chairman of the Rawson Property Group.

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Levies must be paid on time

Property Section - Property Articles

  A case has cropped up recently where an owner of a unit thought his levy account was only due on the sixth day of each month and there are probably many owners who think that payment of their accounts is only due by the 7th of each month, says Michael Bauer, general manager of IHFM, the property management company.

By Bolander Property Read Article

Savvy advice on bond applications

Property Section - Property Articles

  Roughly 20% of all bond applicants in South Africa require 100% bonds today – but the rejection rate on this type of application is always a great deal higher than the average, says Mike van Alphen, national manager of the Rawson Property Group’s bond origination division, Rawson Finance. Of those applying for 100% bonds, 85% buy in the R500 000 to R750 000 price bracket.

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Buying into an estate: what to ask

Property Section - Property Articles

  Living in a gated community or private estate is attractive to many because of the secure lifestyle and benefits of amenities the estate might offer. But there are some things that need to be checked before buying, as it is likely to be run by an Homeowners’ Association (HOA), which will have its own set of rules and regulations, says Johann le Roux, executive director of Propell.

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