Mr S. Moyo
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Category: Business & Finances
Contact Information South Africa
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Mr S. Moyo Reviews
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Paul P Mebe
April 28, 2011
Escalation of rentals
I have signed a lease agreement for renting a house. The lease is renewable every six months. My lease indicates 10% escalation rental at every renewal of the lease. I have objected to this six-mnth escalation of my rent of R4 200.
Is it legal to charge this 10% rent increase? Your assistance would be greatly appreciated.
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