What to know
- Read the renewal and escalation clauses before the renewal window.
- Give notices in the form and within the period required by the agreement and applicable law.
- Confirm any new rental, term and changed conditions in writing.
- Where a fixed-term consumer agreement falls under the Consumer Protection Act, additional cancellation and notice rules may apply.
This guidance is general information. Where legal, tax, structural, compliance or regulated-work consequences may apply, obtain advice from an appropriately qualified professional for your circumstances.
The information in Fabulous Homes Insights is provided for general property education and information. Property, tax, finance, sectional-title, rental, municipal and compliance matters can differ according to individual circumstances, contractual terms, scheme rules, municipal requirements and changes in law. Where necessary, readers should obtain advice from an appropriate attorney, conveyancer, tax practitioner, financial professional, property practitioner, engineer, inspector or other suitably qualified professional.
