100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Lease agreement notes for commercial law $9.12   Add to cart

Class notes

Lease agreement notes for commercial law

 14 views  0 purchase
  • Course
  • Institution

This is a 15 page thorough document that outlines lease agreements. The highlighted headlines of these notes cover everything you need to know, namely, rental housing act, rental housing amendment act, consumer protection act, three definitions of a lease agreements, general requirements for conclu...

[Show more]

Preview 2 out of 15  pages

  • March 11, 2021
  • 15
  • 2020/2021
  • Class notes
  • N/a
  • Lease agreements
avatar-seller
KRG LEASE CHAPTER

INTRODUCTION

GENERAL PRINCIPLES:

Letting and hiring of things governed by common law (or Roman-Dutch) with some
statutory additions.

Rent control act was also applicable – placed limit of charged & limited grounds lessee
convicted

 Letting and hiring of thing or property (what we will discuss)

 Letting and hiring of services

 Letting and hiring of job or contract

Rental Housing Act 50 of 1999 (“RHA”) governs the relationship between landlords and
tenants in respect of leases for housing purposes.

 PURPOSE:

 Define responsibility of government in respect of rental of housing
property

 Create mechanisms to promote the provision of rental housing property

 Promote assess to adequate housing – proper function of market

 Provision of establishment of rental housing tribunals (enforce this act)

a. RHA enforced by Rental Housing Tribunals. (16.05)

b. Tribunal can intervene if there is an “unfair practice”. (16.06)

 Any act or omission by landlord or tenant in
contravention of act

 Practice prescribed as unreasonably prejudicing
the rights or interest of tenant or landlord

c. Tribunal can appoint a mediator, or they can make a ruling
themselves by conducting a hearing

d. Tribunal can make a ruling e.g. one to discontinue
overcrowding; unacceptable living conditions; exploitative
rentals or lack of maintenance.

e. Fail to comply with ruling by tribunal

 Criminal action instituted

 Conviction -fine or imprisonment not exceeding 2
years may be imposed

,  Rights & responsibilities of landlord & tenant relationship

 Provides information of lease

Rental Housing Amendment Act 35 of 2014 (“RHAA”) was signed by the President but is not
yet in force.

 Not yet law!



RHA gives effect to s26 of Constitution of the Republic of South Africa, 1996. (Para 16.04)

RHA: applicable to residential leases (not to use of movable property, agricultural land or for
business purposes).

RHA applies “dwelling for housing purposes”.



Consumer Protection Act 68 of 2008 (“CPA”) also applies to a lease agreement.

CPA deals with the relationship between lessor (landlord) and lessee (tenant)

CPA may be applied to both residential & commercial leases.

 Commercial lease

 CPA doesn’t apply where the juristic lessee whose net asset value or annual
turnover is equal or exceeds 2million

 At the time of entering the lease transaction in the ordinary course of business



3 DIFFERENT DEFINTIONS OF A LEASE

 Lease of things or property: reciprocal agreement

 Agreement binding two parties equally

 in terms of which the lessor undertakes to confer to the lessee temporary
use and enjoyment of a thing for a counter-performance (usually in the form
of rent).

 RHA: lease is an agreement of lease concluded between tenant and landlord regarding a
dwelling for housing purposes.

 Landlord – owner property, his authorised agent

 Tenant – lessee of dwelling

 Dwelling – any house, hostel, shack, flat, apartment, outbuilding that forms
part of a property

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Cailin. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.12. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

62890 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.12
  • (0)
  Add to cart