CapeTalk's Pippa Hudson looks at issues around property rentals, affecting both the tenant and the landlord.
According to Natalie Muller Regional Rentals Manager for Jawitz Properties, misunderstandings of tenants and land owners rights create some of the common problems that usually crop up in this industry.
People need to understand that they cant act outside the law. When you are contracting inside of the rentals platform you need to work within those parameters. If you decide to up and leave you actually going to affect your credit rankings horribly— Natalie Muller Regional Rentals Manager for Jawitz Properties
Rather have a conversation with your landlord and explain that I am struggling and having financial difficulties is there a way of releasing me from this without too many frustrations.— Natalie Muller Regional Rentals Manager for Jawitz Properties
Pippa Hudson also spoke to Peter Mennen, Client Legal Liaison at Tenant Profile Network (TPN), a credit bureau company in the property sector. They collect data from tenants profiles to monitor if they pay their debts every single month without defaulting.
Mennen says they also offer assistance to landlords with regards to lease agreements and other documentation.
We update the documents with the pitfalls regarding the Consumer Act as well as the Rental House Amendment bill .... so you get up-to-date and relevant documentation— Peter Mennen, Client Legal Liaison at Tenant Profile Network
Listen to the full conversation below: