Early Lease Cancellations & Penalties Explained
Автор: SBL INC.
Загружено: 2026-01-08
Просмотров: 41
Описание:
In this episode [239/2], Bruno Miguel Simao of Bruno Simao Attorneys and Nicholas Brodie of SBL Incorporated discuss Refunds, new tenants & the CPA.
In this scenario, a tenant gives early notice and pays rent up to 30 November, but moves out before month-end. The agent then finds a new tenant who wants to move in before 30 November.
So what now?
Do you charge the new tenant immediately?
Should the old tenant receive a refund?
Can a cancellation penalty still apply if there’s no financial loss?
In this video, we unpack:
How monthly advance rental payments and rights of occupation work
Why landlords must be careful not to infringe on a tenant’s paid occupation period
When a pro-rata refund may be appropriate
How Section 14 of the Consumer Protection Act applies to early cancellations
What a “reasonable cancellation penalty” really means
Why re-letting the property early can eliminate the justification for penalties
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Panel of experts
Bruno Miguel Simão of Bruno Simão Attorneys
https://www.brunosimaolaw.co.za/
(011) 234 0831
[email protected]
Nicholas Brodie of SBL Incorporated
https://www.sbllaw.co.za/
086-100 7757
[email protected]
#LeaseCancellation
#EarlyTermination
#RentalLaw
#ConsumerProtectionAct
#CPASection14
#EstateAgents
#Landlords
#TenantRights
#RentalProperty
#PropertyLaw
#SouthAfricaProperty
#LeaseAgreements
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