oa De Rebus - Does s 14 of the CPA create an unreasonable disadvantage to the owner? : feature
|Article Title||Does s 14 of the CPA create an unreasonable disadvantage to the owner? : feature|
|© Publisher:||Law Society of South Africa|
|Publication Date||Dec 2014|
|Pages||25 - 26|
The Consumer Protection Act 68 of 2008 (CPA) has had a substantial impact on the rental property market since its commencement on 31 March 2011. More specifically s 14, which applies to all fixed term agreements, unless entered into between juristic persons, regardless of their asset value or annual turnover. In the majority of cases, lease agreements would be entered into for a fixed term. Considering the above, it is apparent that s 14 would be applicable to many, if not the majority of lease agreements relating to immovable property, especially lease agreements concerning residential property.
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