SCHEDULE OF TENANT COSTS & FEES PAYABLE
We have a simple, upfront and transparent fee structure. No hdden fees or surpises. All costs that ever will be payable by a tenant are shown clearly in the lease agreement. Make sure you read this clearly so that you are aware of your responsibilities upfront.
Below is a summary list of costs but these are indicative only. You are once again encouraged to read your elade agreement fully before signing.
BASIC FEES SCHEDULE
- A R95 non refundable application fee. This is deducted off the leade admin fee if successful
- A Lease Admin Fee of R595 (less the R95 application fee
- An Exit Inspection Fee of R295
- Additional Deposits - If the rental was agreed at 1 1/2 months rent as deposit and the rent increases, then the deposit will increase proportionately
POSSIBLE ADDITIONAL FEES SCHEDULE
- Fees for processing cash deposits - 2% of the amount
- Additional rental amounts for parking spaces etc in complexes if specified seperately
- Lawnmowing, security and other services if specified in the lease agreement
- Increased Insurance - If the tenants behaviour increases the risk to the property, the landlord may amend his insurance and increase the rent accordingly
- Early Termination Inspection Fee - R295 if the tenant terminates the lease before the expiry date
- Early Termination
Penalties - To a maximum of two months rental penalty payable if tenant
terminates the lease before the expiry date
DEFAULT FEES SCHEDULE
- Additional Deposits for Default - Should the tenant default at any time during the lease, the landlord is entitled to increase the deposit if believed neccessary
- Interest on any arrear amounts
- Administrative costs and handling and collecting rent arrears in the amount of R50 per day
- Late Services Payment Penalties in the amount of R250 per incident, where the landlord has to pay municipal and other services on the tenant's behalf and then re-claim
- Loss of commissions payable to agents
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