What to know
- Check the exact occupation date and occupational-rent amount.
- Clarify responsibility for utilities, security, garden and pool care during early occupation.
- Record the property condition and meter readings at handover.
- Understand that occupation does not itself make the buyer the registered owner.
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.
