‘Futureproofing’ Commercial Properties in Times of Uncertainty
The current geopolitical tension is drastically reshaping the global economic outlook, and South Africa is not immune. Both businesses and consumers are feeling the effects of the conflict escalation in the Middle East, with oil prices spiking to above $110 a barrel. The commercial property market faces a more complex operating environment. Rising energy costs […]
What tenants need to know to protect their rights
Must my residential lease agreement be in writing? It is currently not a requirement for a residential lease agreement to be in writing – a verbal agreement where the rent and rented property is identified is recognized by South African common law and is just as valid as a written agreement. This may, however, not […]