Rental Application Terms & Conditions

 

Application Fee

 

1.1. A non-refundable application fee of R1,140 (One Thousand One Hundred and Forty Rand) is required to process the rental application.

1.2. This fee covers the costs associated with credit checks, affordability assessments, and administrative processing.

1.3. Payment of the application fee does not guarantee approval of the rental application.

 

FICA Compliance

 

2.1. All applicants must comply with the Financial Intelligence Centre Act (FICA) requirements.

2.2. Applicants must submit the required documentation, including but not limited to:

A valid South African ID or passportProof of residence (not older than three months)

Three months’ most recent bank statements

Proof of income (latest payslip or employment confirmation letter)

2.3. Failure to provide the necessary FICA documents may result in the rejection of the application.

 

Application Process and Approval

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3.1. The rental application is subject to credit and affordability checks.

3.2. The landlord or their appointed agent reserves the right to approve or decline applications at their sole discretion.

3.3. If approved, the applicant will be required to sign a lease agreement and make the necessary payments within the stipulated timeframe.

 

Cancellation Policy

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4.1. Should an approved applicant pay the required deposit and/or first month’s rent and subsequently cancel or withdraw from taking occupation, a cancellation fee of R2,500 (Two Thousand Five Hundred Rand) will be charged. 

4.2. This cancellation fee is to cover administrative, opportunity, and holding costs incurred by the landlord or agent.

4.3. The remaining balance, if any, will be refunded within 14 business days after written cancellation is received, subject to deductions for any further costs incurred.

 

General Terms

 

5.1. The information provided in the application must be accurate and truthful. Any false information may lead to the rejection of the application or termination of the lease.

5.2. The landlord or their appointed agent reserves the right to request additional information if required.

5.3. These terms and conditions are subject to change without prior notice, and the latest version will apply at the time of application.

 

By submitting the rental application, the applicant acknowledges and agrees to the above terms and conditions.