Rentalsphere | SA's #1 Residential Rental Training Provider & Rental Business Compliance Consultants’ Post

🏡 FAILING TO DO JOINT INSPECTIONS WITH TENANTS COULD COST YOU A FORTUNE! 📘 Did you know that failing to do joint inspections with tenants could cost you in tribunal cases? 🤯 This course covers every crucial detail of the Rental Housing Act to protect you and your properties. 💼 Perfect for: - Rental agents looking to boost their compliance knowledge - Landlords wanting to understand their, and their tenant/s, rights - Investors who want to safeguard their property investments! 👉 Enroll today and gain confidence in every rental management decision! https://lnkd.in/dRwxwbN3

📜 MASTER THE RENTAL HOUSING ACT! 🏠 Are you confident in your understanding of South Africa's Rental Housing Act? 📘 This course is here to make sure you’re fully compliant and up to date with every aspect of rental law, from deposits and inspections to lease terms and tenant rights! 🚀 Highlights: - Legal responsibilities simplified ✅ - Practical examples to make complex laws clear - Expert insights into fair practices 🏛️ - Don’t risk non-compliance – become an expert today! 👉 Enroll now to master rental compliance and boost your property management skills! https://lnkd.in/dRwxwbN3

📜 MASTER THE RENTAL HOUSING ACT! 🏠 Are you confident in your understanding of South Africa's Rental Housing Act? 📘 This course is here to make sure you’re fully compliant and up to date with every aspect of rental law, from deposits and inspections to lease terms and tenant rights! 🚀 Highlights: - Legal responsibilities simplified ✅ - Practical examples to make complex laws clear - Expert insights into fair practices 🏛️ - Don’t risk non-compliance – become an expert today! 👉 Enroll now to master rental compliance and boost your property management skills! https://lnkd.in/dRwxwbN3

𝗪𝗵𝗮𝘁 𝗱𝗼 𝘆𝗼𝘂 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗸𝗻𝗼𝘄 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗹𝗮𝘁𝗲𝘀𝘁 𝗿𝗲𝗻𝘁𝗮𝗹 𝗹𝗮𝘄𝘀? The new legislation introduced stricter guidelines on rent increases and eviction procedures, aiming to safeguard tenants' rights and provide stability in rental markets. However, this also offers some clarity towards landlords as to how they should conduct themselves with tenants or the kind of procedures they need to follow. Property managers must stay informed to navigate these changes effectively, ensuring compliance and fostering trust with tenants. Understanding these changes are crucial for both landlords and property managers to ensure positive relationships with tenants and maximize retention rates. What do you feel about these changes? Let us know in the comments. #Propertymanagement #Propertymanagers #Tenants #TenantLaws #Landlords #Legislation #Compliance #Rentpost

𝐋𝐄𝐆𝐀𝐋 𝐓𝐈𝐏 𝐎𝐅 𝐓𝐇𝐄 𝐃𝐀𝐘 If you're diving into rental properties, make sure you really understand your lease agreements. Clear terms are a must to avoid misunderstandings, so be sure to spell out the rent amount, due dates, and lease length. Let tenants know their responsibilities for things like maintenance and utility payments to keep things running smoothly. Don’t forget to include details on how the lease can be ended, like notice periods and any fees. And of course, make sure your lease follows all local, state, and federal laws, including fair housing rules. Getting a real estate attorney to help draft or review your lease can save you a lot of headaches down the road. Need some expert advice? Get in touch with us today!

In a recent survey*, 67.5% of landlords said complying with red tape was their most significant hurdle. This figure was up from 39% the year before, a clear indication of growing concern about the issue. With ever-changing rental laws, it's essential to stay informed and compliant. Chris & Marnie in our lettings team ensures that your property meets all legal requirements, giving you peace of mind and avoiding any potential penalties. 🔍✅ Let us take the stress out of property management! Contact us today to learn more about how our lettings department can support you in staying compliant and maximising your rental income! 📞 0116 274 5544 💼 #CompliantLandlord #ExpertLettings #Leicester #Landlords #LettingAgent

Right now, tenants have limited options to challenge rent increases due to the threat of eviction under Section 21. Here's what they can (sort of) do: ➡️ Refuse a New Lease Tenants can refuse to sign a new tenancy agreement with a higher rent. However, this might result in eviction under Section 21, making it a risky move. ➡️ Challenge Rent in a Tribunal If landlords seek to increase rent via the statutory notice procedure, tenants can challenge the rent increase in a tribunal. However, they can only do so if they believe the proposed rent is above "market rent." This means the tribunal will assess whether the rent increase is fair compared to similar properties in the area. ➡️ Challenge Rent Review Clauses If the lease has a rent review clause, tenants can challenge it if the clause breaches the unfair terms rules. For example, if the clause allows the landlord an unfettered right to increase the rent to whatever they want. But best to seek legal adivce first. Here's my takeaway: Tenants have limited options due to Section 21 - which is due to be abolished under this government. If abolished, tenants will have more bargaining power when negotiating rent increases. Read more: https://lnkd.in/eRDiyig5 #landlordlaw #landlord #uklandlord #propertymanagement #rentincrease #landlordtenant

Landlords...are you ready for the changes coming our way? Big changes are coming to the rental market, and now’s the time to prepare. This week, Rebecca, our partner at the HMO Roadmap and legal expert for landlords, shares her insights on how to navigate the new legal framework, safeguard your investments, and stay ahead of the curve. From updating tenancy agreements to managing rent increases and tackling arrears, our latest blog breaks down the practical steps you can take to future-proof your portfolio. Don’t wait for the changes to catch up with you! Read the full blog here - https://lnkd.in/eKAWTb8S #landlordtips #propertymanagement #rentalmarket #landlordblog

My letter to Property Week on the proposed leasehold reforms has been published today. Whilst the ultimate destination of commonhold should not come as a surprise, the plan for seven different consultations was not anticipated. Given that the market does not like uncertainty, should more focus has been put on addressing the issues with commonhold as a priority? #Leaseholdreform #living #weloveliving Addleshaw Goddard

The first article in our landlord campaign 'Navigating Rental Risks' looks at the best practices landlords can follow to avoid any potential legal challenges this autumn and winter. The campaign focuses on ensuring landlords operate smoothly within the law, protecting their investments and maintaining positive tenant relationships. Follow the link to read our first entry in this series, 'Top ten tips for winter home preparation' - https://lnkd.in/epBU6KzS