RedViking
Nord of the South
Kindly follow this link and read my other input in this thread as well as this should answer a lot of the questions you have.
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Question of the Day: At what point do you sell your car?
Rental advise needed
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RedViking
Nord of the South
This has been addressed above. Please follow @Speedster 's example and read as well.
RedViking
Nord of the South
^^This is good advise
The Darkness
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This is a very badly worded contract. Technically, yes, since it doesn't say otherwise. Better would have been to state the increase for the following year only, or LL could have left this % amount off entirely and worded it to say a 'market related' increase, which could then easily have him in the position he wants to be in.
The Darkness
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sigh. 'S' is for the verb.
RedViking
Nord of the South
Problem is we haven't seen the full contract. Also, I've seen worse.
RedViking
Nord of the South
The Darkness
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I'm certain the rest of the contract is just as poor. This clause exposes the LL to this very situation - and in SA, with the law being in favour of the tenant, it won't go well for him.Problem is we haven't seen the full contract. Also, I've seen worse.
rh1
Honorary Master
The affect of the above sentence can give effect to the incorrect use of these terms.
RedViking
Nord of the South
rh1
Honorary Master
I cannot explain the difference between the two words but I do know how to use them. The old theory vs practical experience.I bet you had to double and triple check and them check one last time before you posted that.
RedViking
Nord of the South
PotatoGuardian
Senior Member
Not OP but similar situation.
Our lease is coming to an end at the end of March. Our landlord wants a 20% increase in rent or to terminate our contract. Renewal we signed was 8% in our current contract.
Anyway we are happy to move and found a place for where we can move 15 February. Can we give him a months notice from today or can he penalise us? (I'm assuming the latter). According to contract he can reasonably penalise us for terminating our lease early but if we wait until the lease ends we might not find a place that fits our needs (Cape Town, shame).
We don't want to squat or fight it we are happy to just leave but ideally without penalty
Our lease is coming to an end at the end of March. Our landlord wants a 20% increase in rent or to terminate our contract. Renewal we signed was 8% in our current contract.
Anyway we are happy to move and found a place for where we can move 15 February. Can we give him a months notice from today or can he penalise us? (I'm assuming the latter). According to contract he can reasonably penalise us for terminating our lease early but if we wait until the lease ends we might not find a place that fits our needs (Cape Town, shame).
We don't want to squat or fight it we are happy to just leave but ideally without penalty
zerocool2009
Honorary Master
Read what the contract says. Usually its 2 full months upfront notice to terminate
Chances are that landlord can penalise you for lost rental in March and half of February.
Subtly threaten him. Tell him you're moving to the new place end of story. If he forces you to honour the contract, you'll have no choice but to supplement your income by subletting his place to someone else, like your friend Gary who does drugs and has face tattoos.
PotatoGuardian
Senior Member
PotatoGuardian
Senior Member
20 business days notice and then what the CPA says
zerocool2009
Honorary Master
PotatoGuardian
Senior Member
Very helpful thanksCall the CPA when you sit on street!
