If a room or property is listed on short-term rental websites, accommodation would be used by an influx of different guests. Owners can increase their insurance, take other safety measures and be more alert to wear and tear on the ground. Second, there are strict laws that govern the rights and obligations of landlords and tenants – some of the clauses you include in your tenancy agreement cannot apply in court if they violate those rules. For example, you must return the deposit within a specified amount of days after the end of the lease, you must keep the deposit in an interest trust account, etc. Make sure you have read the Rental Housing Act and the Rental Housing Amendment Act, both available here, before finalizing your project. Although the paying client or subtenant intends to occupy a room by clicking on the website and agreeing to its terms and conditions, these conditions are unclear and are not appropriate for south African subletting law, resulting in a legal dispute. Whether you are a landowner or a tenant, you need to understand what a rental contract model looks like in South Africa and what it contains. Although drawing something can be difficult, especially if you are not familiar with the format, it is generally advisable to get an easy South African residential lease model. Interestingly, there are a lot of free online templates that you can use.
Murray Cox, of Inside Airbnb, said Airbnb was being used to compete with the housing market. The problem is that many homeowners choose to keep their properties exclusively in the short term, which poses two major problems. First, the demand for quality rental properties across the country already far exceeds supply. If rental properties are removed from the long-term leasing market, it becomes extremely difficult for residents to find housing, forcing them to move further away from their offices in the areas. Not only does this increase the money spent on travel and gas, but the extra travel time also reduces the time spent at home with family and loved ones. Second, Airbnb hosts are driving up the price of rental housing and almost preventing residents from staying in certain central areas. This is particularly evident among low- to middle-income residents. Etchells – Young Property Brokers offers renters extensive advertising for their property on a number of leading online real estate portals, as well as coordinating real estate visits with potential tenants, rigorous tenant review and review, in-depth TPN credit checks, down payment and entry to the first month, facilitating signing of the lease and keys , carrying out entry and exit checks and communicating consistently with customers.
In addition, E-Y has additional staff engaged in its own home and in the field, who are intransigent in their value systems and are 100% dedicated to customer service. The tenant or lessor must tell the other person if the tenancy agreement ends and will not be extended at least 28 days before the deadline. Written communication must be made – Landlord Notification (245.4 KB PDF) – Tenant Notification (246.4 KB PDF). If no one gives it, the agreement will continue in the form of a periodic lease. Air BnB encourages guests to familiarize themselves with the laws applicable to short-term rents in their city before listing their homes on the site. However, are these short-term rental services part of the scope of sublease in South African law? If developing your own lease sounds like headaches and our free generic leasing model still leaves you with questions, why not let HouseME deal with these issues for you? When can a lease be terminated or terminated? Tenants should be encouraged to inform their landlords of their intentions to host the property on short-term rental sites, even if the rental agreement does not explicitly exclude the tenant from the subletting of the premises.