Farm lease agreement south africa docFarm Lease Agreement • June 10th, 2021
Contract Type FiledJune 10th, 2021What is a contract of a lease? This is a pact between a lessor and lessee that gives the lessee rights to use specific property owned or managed by the lessor for a specified duration of time and for a given rental amount. What are lessor and lessee? Simply put, a lessor is a landlord while the lessee is the tenant. Various constitutional acts like the Rental Housing Act, the Constitution of South Africa Act, the Consumer Protection Act and Deeds Registry Act all have a defining role in lease agreement South Africa. So, what must a binding lease agreement South Africa 2021 contain?Lease agreement. Photo: @livemintSource: TwitterWhen it comes to lease contracts, we have short ones and longer ones. Shorter lease agreements are those that are under ten years, while the longer ones are more than ten years going up to ninety-nine years. We also have different types of lease agreements depending on the property being rented out by the landlord. For instance, a farm lease agreement South Afri