Page 18 - June Mag
P. 18

WHY USE A RENTAL AGENT TO


















               AGENT OBLIGATIONS: (PROCUREMENT LEASE)




               1) Advertise the property online and handle enquiries from prospective
               tenants.


               2) Show the property to prospective tenants on landlords’ behalf.


               3) Perform credit and reference checks on prospective tenants and register
               any defaulting tenant on behalf of the landlord with a credit bureau.


               4) Assist prospective tenants with application forms.


               5) Negotiate a lease agreement and extensions of the property.


               6) Receive first month’s rental and deposits. Pay the landlord the balance after
               commission & VAT deductions.



               7) The agent’s responsibility to the landlord shall only extend to
               procurement and screening the tenant to lease as well as
               facilitate the signature of the lease agreement.


               8) Keep landlord informed of complaints arising from or in
               connection with the letting or occupation of the premises.


               9) The agent will have no responsibility to monitor or
               enforce any term or condition of lease signed. The
               landlord and tenant will deal direct and enforce the
               obligations and rights in terms of the lease and
               should there be any dispute out of lease whatsoever
               this will be dealt directly between tenant and landlord.


               10) Ingoing inspection will be an additional charge
               dependent on property type.











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