Consumer Protection Act, 2008 (Act No. 68 of 2008)

Also known as the CPA. The goal to accumulate wealth through investment is achievable provided a quality tenant was sourced and the investor understands the tenant's rights. If the investor is not 100% informed and fully compliant with the laws and regulations that govern this industry, he is not protected from potentially unscrupulous claims from disgruntled tenants, contractors and other bodies.

Consumer Protection Act, 2008 (Act No. 68 of 2008)

Also known as the CPA. The goal to accumulate wealth through investment is achievable provided a quality tenant was sourced and the investor understands the tenant's rights. If the investor is not 100% informed and fully compliant with the laws and regulations that govern this industry, he is not protected from potentially unscrupulous claims from disgruntled tenants, contractors and other bodies.
Wise investors know that it is less expensive to hire a fully compliant Professional Estate Agent who has the expertise and experience to manage their properties, especially in this complex industry with many potential pitfalls. Quality tenants prefer to rent properties that are managed by professional rental agents. Etchells and Young are experienced Property Agents in Johannesburg.
Should the investor not be 100% informed and fully compliant at all times with the laws and regulations that govern this industry, he is not protected from potentially unscrupulous claims from disgruntled tenants, contractors and other bodies.

Investment property owners should consider the following questions:

  • Do you know your obligations and your tenant's rights according to the new Consumer Protection Act?
  • Are you operating within the regulations of the Rental Housing Act?
  • Do you provide your tenant with monthly statements and invoices?
  • Do you keep your tenant's deposit in a separate interest bearing account?
  • Do you have the time to monitor and manage the repairs and maintenance of your property?
  • Do you know how to respond if you are called to appear before the Rental Housing Tribunal?

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Wise investors know that it is less expensive to hire a fully compliant Professional Estate Agent who has the expertise and experience to manage their properties, especially in this complex industry with many potential pitfalls. Quality tenants prefer to rent properties that are managed by professional rental agents. Etchells and Young are experienced Property Agents in Johannesburg.

Investment property owners should consider the following questions:

  • Do you know your obligations and your tenant's rights according to the new Consumer Protection Act?
  • Are you operating within the regulations of the Rental Housing Act?
  • Do you provide your tenant with monthly statements and invoices?
  • Do you keep your tenant's deposit in a separate interest bearing account?
  • Do you have the time to monitor and manage the repairs and maintenance of your property?
  • Do you know how to respond if you are called to appear before the Rental Housing Tribunal?

contact us for all your property needs

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