South African Property Legislation

We take a deeper look into South African Property Legislation

CONSUMER PROTECTION ACT of 2008

The goal to accumulate wealth through investment is achievable provided a quality tenant was sourced and you understand the tenant's rights. If you are not 100% informed and fully compliant with the laws and regulations that govern this industry, you will not be protected from potentially unscrupulous claims from disgruntled tenants, contractors and other bodies.

RENTAL HOUSING ACT of 1999

This Act regulates the relationship between landlords and tenants and it provides for dispute resolution by the Rental Housing Tribunal. It was brought about to protect the rights of the landlord and the tenants alike. The Bill was amended in 2014 and it is important to familiarise yourself with some of the more notable changes to the Act and how they affect you as the landlord or tenant.

FICA (Financial Intelligence Center Act)

The act exists to prevent money laundering, fraud, tax evasion, financing of terrorism & other related criminal activity that aims to misuse our financial systems.  The Act requires certain accountable institutions such as Banks, Estate agents and Attorneys to validate and verify their client's identity before a business transaction can take place.

List Your Property With Us

Kindly note that Etchells & Young are complying with the Presidents instruction for the National Lockdown starting from midnight on the 26th of March 2020. Although we will not be able to do viewings at any property, we have implemented plans to work remotely during this time. If you are able to email photos and a description of your property to the designated agent we will be able to list your property as per normal. Our agents will take calls and emails from prospective tenants and arrange for viewings after the lockdown has ended.

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