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| Being a good landlord will result in less disputes between yourself and your tenants. This set of frequently asked questions
provides landlords with information on the rights and obligations of landlords when renting out residential property to tenants.
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| Being a good tenant will result in less disputes between yourself and your landlord. This set of frequently asked questions
provides information on the rights and obligations of people who rent residential property from a landlord or estate agent.
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Many people who pay rent each month don't realise that paying their rent regularly, on time and in full can contribute towards a positive track record that will influence
their profile when applying for credit or a loan. TPN provides landlords with a free service call Rental Payment Profile (RPP). In turn, TPN makes this information available
to tenants via SMS, also at no charge to the tenant. The result is that if you are renting a property where the landlord is a TPN subscriber, you should receive an SMS every
month advising you of how your credit record has been updated with regards to your RPP.
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The following articles have been written by TPN and published in various publications across South Africa. They provide both landlords and
tenants with insight into the property industry. The articles are available to download in PDF format. If you are unable to open an
article, please visit the Adobe website to download your free copy of adobe reader.
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Rentals 101: Re-visit the basics |
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The mood for 2010 is certainly more positive than the previous 18 months. And the beginning of a new year provides a fresh start to review your strategy for your business and personal goals. There is no better time to take stock of our property investment objectives. After all we own property to increase our personal wealth, either through a monthly income or capital growth.
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Basic legal requirements for landlords |
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Property ownership is the aspiration of most South Africans. The land reform process is an aggressively debated topic as both buyer and seller appreciate the underlying value of property as wealth. Landlords are able to subsidise the cost of purchasing and maintaining their property asset by the rent collected from their tenant. But what obligations should the landlord adhere to lest he or she take the form of a slumlord?
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Basic legal requirements for tenants |
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There are dozens of obvious and practical reasons why many people, families as well as businesses, rent property. For a start, renting provides a tenant with the benefits of fairly quick availability, convenience and choice. Although many may argue to the contrary, the flexibility enjoyed by tenants should be appreciated, as well as their relative freedom from unexpected or hidden costs. But tenants do have some obligations which are covered in statutory, as well as non-statutory law.
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Why landlords perform credit checks - answers for tenants |
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In theory, renting out a property may seem simple, but ask the advice of anyone with experience of the real thing and you'll probably get enough information to write a short story. You can get things straight with your tenant from day one, by doing a TPN enquiry regarding his or her rental behaviour and credit record. Tenants may of course have a question or two regarding the process - this article should put you in a position to be able to reassure your tenant and get the relationship off to a good start.
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Overcoming a dispute between a tenant and landlord |
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Overcoming a dispute between a landlord and tenant can be as simple as knowing your rights.
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Rental facts for property investors |
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Ownership of fixed property is still one of the soundest investments that anyone can make. Although the present economic downturn has taken a significant toll on investors in the buy-to-let segment of the market, losses have been most harsh for those who did not take the precaution of screening potential tenants, and of course even more severe for those who haven't learned from past mistakes.
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