Getting Started

How to get started in property investing with no money and a low income salary.

Get your FREE e-book now

Bad Tenants

11 Ways to avoid a bad tenant or worse a squatter.

Get your free e-book now


Need real estate FREE documents?

Legal documents, analysis tools, application forms, NCA forms and more.

Click here to get documents FREE


Sean Wheller
Rental Housing Act 50 of 1999
Monday, 28 April 2008
The Rental Housing Act 50 of 1999 came into effect on 1 August 2000. It cancelled the Rent Control Act (No 80 of 1967). It provided at that time a three-year transitional period to protect tenants that fell under the Rent Control Act. In those 3 years landlords were only allowed to raise rentals by 10% per year. The Rental Housing Act controls the relationship between landlords and tenants in the residential sector. In other words, buy to let investors in the residential sectors and anyone letting out their premises to a private person falls under this act. The act applies to all written or verbal residential lease agreements that were entered into on or after 1st August 2000. The Rental Housing Tribunal (index.php?option=com_content task=view id=55 Itemid=182) is the organisation that is responsible for the act to be implemented and resolve disputes between landlords and tenants. To make this very clear as some get confused about whom the act applies to, here is a clarification. The Rental Housing Act applies when: Any entity rents to a private person. Any private person rents to another private person. The Rental Housing Act does NOT apply when: A person rents to a company (because the tenant is not...
Read more at: Propert Investor Network

Digg!Reddit!!Google!Live!Facebook!Slashdot!Netscape!Technorati!StumbleUpon!Newsvine!Furl!Yahoo!Ma.gnolia!Free social bookmarking plugins and extensions for Joomla! websites!
< Prev