My experience tells me that very few people who invest in property know their property rights, especially in a changing South Africa, where property law has significantly since 1994.
This hilarious video screened below, by the late Buddy Hackett says it all … invest without knowing your property rights at your peril!
Once you have wiped the tears out of your eyes, pause and consider if you know it all when it comes to your landlord rights. I have seen landlords and tenants alike get into all sorts of complications by assuming that if something seems right to them, the law of the land would agree with them. NOT SO!
What can you do with a tenant who damages your property, doesn’t pay timeously, or stops paying and refuses to vacate?
A simple thing like switching your tenant’s water and lights off is unlawful and can place you in some very hot water.
It would be foolish to try to address all these issues in this short article. However we do have a solution! Ask your questions below and we will endeavour to answer them as best we can.
The author has 25 years plus experience in the South African property market and we have a very good relationship with property specialist attorneys, Faurie Nel Inc. Between us we will help you find the solution you need in the most practical, yet lawful way.
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Part 1 – You don’t have to be a risk taker to make millions in residential property investment.
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