When should I start looking for a property?
You can generally start looking 2 months before you are needing the move. Most Agencies are advertising 2 months in advance. Keep in mind that you need to give notice on your current rental to ensure the dates coincide.
How much is the deposit and when does it need to be paid?
The deposit is double the rent and needs to be paid on Signature of the lease agreement.
What paperwork do I need to submit?
The application form needs to be completed and submitted along with your current bank statements and salary advices (the last 3 months in each case).
Should the lease agreement be in more than 1 Tenants name then the other applicants need to supply the same documentation. You can download the application form from the website.
How long does the process take before I know I am approved?
The process should take at most 2 days from me receiving it. Provided all the necessary documentation has been given.
What am I liable for other than the rent?
This depends largely on what the costs are for the property you are renting. You are not liable for rates and levies, this is for the Landlord but you are liable for costs pertaining to municipal accounts and services.
What happens if I need to break my lease before my occupation date is reached?
Tenants seem to think that because of the CPA they can break the lease anytime. Please understand that although the CPA does allow for you to give 20 working days notice your lease will hold you accountable for a certain period of time after you have moved out. Remember you are signing a legally binding document. My view is that Life happens, and sometimes things happen that are out of our control. I will work with the tenants to find new tenants but there is also an expectation for the Tenants to be looking for suitable tenants to occupy the property. You will be responsible for any costs incurred due to the breaking of the lease.