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Read fine print in lease

Landlords and tenants must ensure they agree to certain essential requirements for a lease agreement to come into existence. In addition to important information that is a part of a lease contract, the Rental Housing Act 50 of 1999 requires tenant and landlord to include specific information and imposes certain duties.

Posted at 09:29AM Oct 16, 2018 by Editor in Industry  | 

Real estate now an incubator for careers and entrepreneurs

The real Estate sector now an attractive career for young entrepreneurs to alleviate the high unemployment rate according to Ms Ronel Bornman, Seeff’s Manager for Human Resources Development.

Posted at 12:28PM Oct 09, 2018 by Editor in Industry  | 

Class-action lawsuit against timeshare industry

Commercial attorney Trudie Broekmann announced plans this week to launch a class-action lawsuit against the timeshare industry early in 2018.

Broekmann is demanding the full return of clients' investments because the contracts are illegal and don't comply with the Consumer Protection Act or the PTCA, she says.

Posted at 07:04AM Nov 17, 2017 by Editor in Industry  | 

Timeshare deals taken to task

Frustrated holidaymakers, fed up with being tied to timeshare holiday contracts, have approached the National Consumer Commission in a bid to influence policy that regulates the vacation ownership industry.

Posted at 07:23AM Sep 26, 2017 by Editor in Industry  | 

Desperate timesharers speak up

Vacation club horror stories were heard on the first day of the National Consumer Commission's inquiry into the industry, prompting panel chairperson Diane Terblanche to say she felt "saddened".

Posted at 09:09AM Jul 12, 2017 by Editor in Industry  | 

Hope for consumers as 'vacation club' industry called to account

It's been a long time coming: the timeshare industry is finally getting a proper look-in, with the National Consumer Commission (NCC) announcing this week that a public inquiry into the multibillion-rand "vacation ownership" industry will be held.

Posted at 03:52AM May 22, 2017 by Editor in Industry  | 

None of R8m Beyers Group deposits found

The Estate Agency Affairs Board of South Africa has painted a bleak picture of embattled Beyers Realty Group's financials, saying none of the R8 million worth of deposits for 29 purchasers and 26 tenants has been recovered.

Posted at 08:12AM Jan 20, 2017 by Editor in Industry  | 

KZN gets R11 billion industrial park

After years of delays, the KwaZulu-Natal government has finally closed the deal on a R11.5 billion industrial park to grow the car manufacturing sector in the province.

Posted at 08:23AM May 19, 2016 by Editor in Industry  | 

SA hotels cheaper than African rivals

Despite average hotel rates in Cape Town rising above inflation over the past year, the country's tourist accommodation fares compare well with rates in other African cities.

Posted at 05:55AM Sep 07, 2015 by Editor in Industry  | 

Protected estuary can be mined, says MEC

The KwaZulu-Natal provincial government has given the final go-ahead for sand mining in the only protected river estuary on the South Coast, despite strong opposition from the provincial nature conservation agency and a coastal watchdog group.

Posted at 05:17AM Jul 14, 2014 by Editor in Industry  |