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Sean Wheller
Home arrow Property Articles arrow Don't Unknowingly take on Unnecessary Liability
Don't Unknowingly take on Unnecessary Liability
Tuesday, 28 August 2007
When it comes to letting, it's amazing how many property investors unknowingly take on obligations without ever knowing that they have done so. It happens in away that is so accidental, so transparent that in many cases tenants come and tenants go without either party ever knowing that this was the case. How does this happen? In our law we have a provision that states that ‘Lease goes before sale’, better known as “Huur gaat voor koop”. Which means that when a leased premises is sold before the lease of a current tenant has expired, the tenant may in terms of the huur gaat voor koop rule remain in occupation of the premises until the lease expires.
Read more at: Property Investor Network




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