must be sure that you express correctly how to pass on your interest as a landlord. An attorney will advise when drawing up the will. The extensive tenancy laws mean that there are a number of requirements a landlord must meet. These include: ! Handling of repairs and maintenance work. ! Maintaining common parts. ! Putting a tenancy in writing. Apart from the many legal obligations, landlords do have certain rights and it is important to know exactly what these are. Common questions include: ! Knowing when a landlord can enter a property occupied by tenants. ! Putting the rent up. ! Stopping tenants creating a nuisance to other neighbours. ! Ensuring that tenants undertake decorating and repair work according to the tenancy agreement. LANDLORD'S OBLIGATION A LANDLORD'S RIGHTS Letting out property you own can present quite a number of problems, but with good legal advice there is no reason that you as landlord should not be able to deal with the pitfalls. Property can be rented out without problems for the landlord or, indeed the tenant as long as due care and thought is taken in advance. An attorney provides a professional service on every aspect of letting, not only drafting an initial agreement, but also advising on important issues such as tax advice on rental income. And should dispute prove hard to solve amicably, an attorney is ideally qualified to take on the litigation to sort it out. Even if you rent out just one small room in your home to a lodger, you are as much a landlord as a person who lets out a collection of city office blocks. But, broadly speaking, the same range of legal provisions applies. Legal advice is often essential. For example: ! Sale of property: You want to sell some or all of your property, so you need an attorney to deal with the transfer of the property, matters regarding current tenants, etc. ! Tax implications: Paying tax is usually necessary both on rental income and when a property is sold. Everyone needs to minimise their tax liability. ! Renewing commercial leases: When a business tenancy comes to an end, there are rights and obligations on both sides. You need to be properly informed. ! Common parts: What if half of the tenants in your block of flats are keen to have the hallways completely modernised, but the other half are unwilling to pay? Are you able to go ahead regardless? ! Inheritance matters: If you are making a will you ATTORNEYS' SERVICES FOR LANDLORDS FIRM DETAILS KNOW YOUR RIGHTS LETTING OUT PROPERTY Published on behalf of the attorneys’ profession by the:
Transcript
must be sure that you express correctly how to pass on your interest as a landlord. An attorney will advise when drawing up the will.
The extensive tenancy laws mean that there are a number of requirements a landlord must meet. These include:
! Handling of repairs and maintenance work.! Maintaining common parts.! Putting a tenancy in writing.
Apart from the many legal obligations, landlords do have certain rights and it is important to know exactly what these are. Common questions include:
! Knowing when a landlord can enter a property occupied by tenants.
! Putting the rent up.! Stopping tenants creating a nuisance to other
neighbours.! Ensuring that tenants undertake decorating and
repair work according to the tenancy agreement.
LANDLORD'S OBLIGATION
A LANDLORD'S RIGHTS
Letting out property you own can present quite a number of problems, but with good legal advice there is no reason that you as landlord should not be able to deal with the pitfalls. Property can be rented out without problems for the landlord or, indeed the tenant as long as due care and thought is taken in advance.
An attorney provides a professional service on every aspect of letting, not only drafting an initial agreement, but also advising on important issues such as tax advice on rental income. And should dispute prove hard to solve amicably, an attorney is ideally qualified to take on the litigation to sort it out.
Even if you rent out just one small room in your home to a lodger, you are as much a landlord as a person who lets out a collection of city office blocks. But, broadly speaking, the same range of legal provisions applies. Legal advice is often essential. For example:
! Sale of property: You want to sell some or all of your property, so you need an attorney to deal with the transfer of the property, matters regarding current tenants, etc.
! Tax implications: Paying tax is usually necessary both on rental income and when a property is sold. Everyone needs to minimise their tax liability.
! Renewing commercial leases: When a business tenancy comes to an end, there are rights and obligations on both sides. You need to be properly informed.
! Common parts: What if half of the tenants in your block of flats are keen to have the hallways completely modernised, but the other half are unwilling to pay? Are you able to go ahead regardless?
! Inheritance matters: If you are making a will you
ATTORNEYS' SERVICES FOR LANDLORDS
FIRM DETAILS
KNOW YOUR RIGHTS
LETTING OUT PROPERTY
Published on behalf of the attorneys’ profession by the:
Die verhuring van 'n eiendom wat u besit kan 'n aantal probleme veroorsaak, maar met goeie regsadvies is daar gee rede waarom u as verhuurder nie die slaggate kan oorkom nie. Eiendom kan verhuur word sonder dat die verhuurder of, immers die huurder, enige probleme ondervind, solank die verhuring met omsigtigheid benader word.
‘n Prokureur voorsien 'n profesionele diens rondom elke aspek van verhuring, nie net met die optrek van 'n aanvanklike ooreenkoms nie, maar ook deur u van advies te voorsien oor belangrike onderwerpe soos belastingadvies oor huurinkomste. En wanneer dit voorkom dat 'n dispuut nie maklik opgelos gaan word nie, is die prokureur gekwalifiseer om die litigasie te hanteer.
Net soos die persoon wat 'n groep kantoorgeboue uitverhuur, is u ook 'n verhuurder selfs wanneer u 'n enkele kamer in u huis uitverhuur aan 'n loseerder. In breëtrekke geld dieselfde regsvoorwaardes. Regsadvies is soms noodsaaklik, soos byvoorbeeld:
! Die verkoop van die eiendom: U wil 'n gedeelte of u hele eiendom verkoop, so u het 'n prokureur nodig om te handel met die oordrag van die eiendom, aangeleenthede rondom die huidige huurders, ens.
! Belasting implikasies: Dit word gewoonlik vereis dat belasting betaal word op huurinkomste sowel as wanneer 'n eiendom verkoop word. Almal moet hulle belastingaanspreeklikheid minimiseer.
! Hernuwing van kommersiële huurkontrakte: Wanneer 'n besigheidsverhuring tot 'n einde kom, kom regte en verpligtinge vir albei partye ter sprake. U moet behoorlik ingelig wees hieroor.
! Gemeenskaplike gedeeltes: Wat staan u te doen wanneer die helfte van die huurders ten vinde is daarvoor om die gange heeltemal te moderniser, maar die ander helfte is nie bereid om te betaal nie?
PROKUREURS SE DIENSTE AAN VERHUURDERS
Kan u dan steeds voortgaan?
! Erfporsie aangeleenthede: Wanneer u 'n testament opstel moet die klousule waarin u u belang as verhuurder oordra korrek bewoord wees. 'n Porkureur sal u adviseer wanneer die testament opgetrek word.
Uitgebreide wetgewing rondom die regte van huurders, bepaal dat 'n verhuurder 'n aantal verpligtinge moet nakom. Hierdie verpligtinge sluit in:
! Herstelwerk en onderhoud! Onderhoud van gemeenskaplike gedeeltes! Die opstel van 'n skriftelike huurkontrak.
Benewens die vele regsverpligtinge, het verhuurders egter ook sekere regte en dit is belangrik om te weet wat hierdie regte is. Algemene vrae sluit in:
! Wanneer 'n verhuurder 'n eiendom wat deur huurders beset word mag besoek.
! Hoe om die huur te verhoog.! Verhoed dat huurders 'n ergenis vir hulle bure is.! Verseker dat huurders binneversiering en
herstelwerk aanpak volgens die bepalings van die huurkontrak.
