Mr Le Roux – I miss you too
The Estate Agency Affairs Board (EAAB) CEO Mamodupi Mohlala denies allegations that she as CEO of the regulator has been ‘absent’ during the corona virus.
The Estate Agency Affairs Board (EAAB) CEO Mamodupi Mohlala denies allegations that she as CEO of the regulator has been ‘absent’ during the corona virus.
The combination of the delayed reopening of the Deeds Office together with the announcement of a once off allowance for people to move to new homes, subject to certain restrictions, gave some relief but left many confused.
The Banking Association South Africa (BASA) has also added their voice to the rising crescendo asking government to reclassify the real estate sector as a low risk sector and allowed to operate, subject to the necessary health and safety measures, during level 4 of the lockdown.
There are so many questions from landlords, tenants, and rental agents alike. A particularly pressing issue is the legal implications of cancellation of lease agreements where the reason for the cancellation of the lease agreement was specifically that the tenant could no longer afford to pay the rent for the particular premises because of the financial pressures brought about by COVID-19.