The rental market is complicated by legal acts such as the Prevention of Illegal Eviction (PIE) Act. The Act was initially passed to protect farm workers and similarly vulnerable tenants from being unfairly evicted from their homes.īut unscrupulous tenants sometimes use the Act to attain "squatter" status, whereby they do not pay rent and it takes months and months to legally evict them. Paying legal fees to facilitate this is costly. "The property investor gets knocked three times – by the delinquent tenants, by the lawyers, and by a dysfunctional court system which often takes very long for cases to be heard," says Kuter. "Rentmaster is a business solution is aimed at property managers and the investor who is personally managing his or her properties," she explains. The company is about to release a similar package, called Tenantmaster, that will protect tenants.įor more information contact 0861 250 250 or send an email. Have a comment or question about this article? Email us now. Would you like to receive free weekly news and information about property in South Africa? Sign up now for Property24's Week in Review.Ĭlick here for more property news articles.
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