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To rent a property in South Africa, you typically need:
The security deposit is usually equivalent to one to two months’ rent, depending on the property. It will be returned after the lease ends, provided there are no damages to the property and all rental obligations are met. The deposit is held in an interest-bearing account, as required by South African law.
The rent may cover the cost of the property itself and, in some cases, certain utilities such as water and security services. However, electricity, Wi-Fi, and other utilities are often charged separately. Always confirm with the landlord or agent what is included in the rental agreement.
Lease agreements are legally binding contracts between the tenant and landlord. They specify the terms of the rental, including:
Yes, under the Consumer Protection Act (CPA), tenants can terminate a fixed-term lease early by giving 20 business days’ notice. However, the landlord is entitled to charge a reasonable penalty for early termination. It’s best to negotiate and clarify these terms before signing the lease.
At Advantage Point Properties, we pride ourselves on being the premier real estate agency in the East Rand.
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