Lease Contracts and Lease Renewals form significant obligations (operationally, contractually and financially speaking) to those companies and individuals entering into such agreements in South Africa. They need to be managed correctly as there could be significant consequences if not done so.
Need to be correctly and professionally drawn up to reflect the wishes of all parties.
Need to be managed for the duration of the Lease Agreement to make sure all aspects are carried out.
Need to be clearly defined in the original rental agreement.
Usually, need to be acted upon before the termination of the original lease agreement.
Epping Property can assist both landlords and tenants with Lease Contracts and Lease Renewals. We are also able to help in the drafting of contracts with clauses that are fair to both parties and take into account all the latest laws and regulations.
Epping Property goes through each lease and highlights the relevant clauses. Often clauses seem innocuous, but “come back to bite one” in the future.