IQ Rental Lease Agreement 1 Dec 2022 Signed
IQ Rental Lease Agreement 1 Dec 2022 Signed
IQ Rental Lease Agreement 1 Dec 2022 Signed
GENERAL DETAILS:
The Property Practitioner iQ RENTAL & BOND ORIGINATORS (PTY) LTD
1.1
(Estate Agency) t/a iQ REAL ESTATE & SALES
Company Registration Number 2001/005055/07
Company PPRA FFC Number iQ Asset Management Group (Pty) Ltd - F149206
Company VAT Registration Number 4620249922
1.2 The Landlord (Registered Owner)
Married In Married Out of
1.3 Tenant Marital Status Single/ Divorced
Community Community
The Tenant (Full Name & Surname)
1.4 Rethabilelethabo Mokobi
Main Applicant
ID Number 951118 5268 080
TENANT COSTS:
1.7 The Monthly Rental Amount R9,500.00
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1.15 The Property Practitioner's Bank Account details
Name of Account Holder iQ RENTALS AND BOND ORIGINATORS
Bank Name ABSA
Branch Code 632-005
Account Number 41-0437-2036
Account Type TRUST ACCOUNT
Payment Reference (Unit Number) Unit 1456
*Please Note: Once your Lease has been loaded on the system you will receive a statement with your unique “iQR” Tenant Number,
which will be your Payment Reference Number
Property Practitioner's Address (iQ Rentals t/a iQ Real Estate)
1.16
Appointed by the Owner to Manage the Premises on his/her behalf
Physical Address Plot 17 Catherine Street, Shere AH, Pretoria East
Postal Address PO Box 29593, Sunnyside, 0132
Telephone Number 087 654 4944
Email Address [email protected]
*Please Complete:
1.17 The Tenant's Address/es
Physical Address 172 Zeederburg Str, Arcadia, Pretoria, 0083
Postal Address Same As Above
*Please Complete:
The Tenant's Debit Order Details
1.18
*Separate Debit Authorization Form also to be Completed* (See Clause 5 hereof)
Account Holder/s Name R. Mokobi
Bank Name Discovery Bank
Account Number 19639387865
Branch Number 679000
Selected Debit Order Date 1st day of Month 25th day of Month Last day of Month
*Please Complete:
1.19 Next of kin/ Relative not living with the tenant
Name & Surname Winniefred Mokobi
Contact Number/s 081 752 1386
Email Address [email protected]
Relationship to Tenant Mother
………………………………………..
Tenant Signature:
RM
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THE LEASE
INTERPRETATIONS AND DEFINITIONS
1. The head notes to the clauses of this Agreement are inserted for reference purposes only and shall in no way
govern or affect the interpretation hereof.
1.1 Unless inconsistent with the context. Any expression herein contained, including any expression and
any definition thereof in clause 1.2.3, which denotes:
1.1.1 any gender, includes the other gender;
1.1.2 a natural person, includes an juristic person and vice versa;
1.1.3 the singular, includes the plural and vice versa;
1.2 In this Lease, the words set forth below bear the following meanings:
1.3 “Property Practitioner” Means the Estate Agency as set out in 1.1 of the Schedule
1.4 “Agreement” The agreement concluded between the parties as recorded in this document
1.5 “Commencement Date” an ordinary day of the week including Saturdays, Sundays and public holidays;
1.6 “Termination Date” an ordinary day of the week including Saturdays, Sundays and Public Holidays;
1.7 “Business Day” Means any day of the week excluding Saturdays, Sundays and Public Holidays;
1.8 “House Rules” The House Rules in relation to the control, management, Administration, use and
enjoyment of the Premises and supplied upon final signature hereof (if applicable);
1.9 “Incoming Inspection” The mandatory inspection referred to in Section 5 (3) (e) of the Rental Housing Act
No. 50 of 1999 and Contained in Clause 13 of this Agreement;
1.10 “Lease Period” The period from Commencement Date to the termination Date;
1.11 “Outgoing Inspection” The Mandatory inspection referred to in Section 5(3)(f) of the Rental Housing Act
No 50 of 1999 and contained in Clause 26 of this Agreement;
1.12 “Premises” A unfurnished dwelling, including the grounds and/or building and/or parking bay/garage
(whichever is allocated to the property);
1.13 “Rental Housing Act” The Rental Housing Act No. 50 of 1999;
1.14 “Tribunal” Rental Housing Tribunal established under Section 7 of the Rental Housing Act;
1.15 “Fair Wear and Tear” means any decline which results from ordinary use and exposure over time,
including breakage or malfunction due to age or deteriorated condition, but not where such decline
results from negligence, carelessness, or abuse by the Tenant or their visitors;
1.16 “Property Practitioner Act” means the Property Practitioners Act (No 22 of 2019)
1.17 “Protection of Personal Information Act” means the Protection of Personal Information Act (No 4 of
2013)
1.18 “Signing” or “Sign” means a handwritten signature, an advanced electronic signature or an electronic
signature as defined in the Electronic Communications and Transactions Act (No 25 of 2002);
1.19 “Schedule” means the schedule on the covering page of this Lease;
1.20 “Tenant” means the person in 1.4 of the Schedule
All Provisions contained in the annexures hereto shall be deemed to be incorporated in, and to form part
of, this agreement as fully and effectually as if specifically incorporated herein and each expression
defined in this agreement shall have the same meaning where used in any of the annexures.
The parties shall ensure that the relevant annexures are completed and attached to this agreement,
failing which those annexures shall be of no force or effect.
RM
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THE LEASE
2. LEASE OF PREMISES
2.1 The Landlord hereby lets to the Tenant who hires the Premises subject to the terms and
conditions set out in this agreement.
4. RENT
4.1 The monthly rent payable by the Tenant to the Landlord for the rental of the Premises is the sum as
specified in 1.7 of the Schedule
4.2 The Tenant shall pay the rent monthly in advance on the first (1st) day of every month. In addition, Interest
for late payments will be charged at a rate of 18%, per annum.
4.3 A cash deposit fee of R500.00 will be charged to the Tenant without any notice for any cash Payments made
directly into the Lessor’s bank account.
4.4 An Administration fee of R1,000.00 for reallocation of payments made into the wrong bank account or with
the wrong reference number (as per paragraph 1.15)
4.5 All monthly rent shall be paid on or before the due date (See clause 4.2), without deduction or set off in the
bank account of the Landlord as specified in 1.15 of the Schedule
4.6 Late payments and collection of such late payments will be charged an additional admin fee of R500.00 plus
interest as set out in clause 4.2 above. Late and or non-payment of rent will be listed on the Credit bureau
by the 7th of any month.
4.7 The tenant shall, when effecting payment to the Landlord, clearly identify each payment as being a payment
made by him and shall ensure that such payment is brought to the attention of the Property Practitioner, as
well as the Landlord.
4.8 Any payment received shall first be allocated to, Administration fees, legal costs and interest and
thereafter to rental and electricity (where applicable)
4.9 The Tenant should not pay any monies into any other bank account. The only valid bank account is the one
stated on this contract. Any changes in banking details will be communicated with the tenant in a formal
letter on a company letterhead and should always be verified with the landlord.
4.10 The first month’s rent (Occupation Month), Deposit and Contract fee must be paid before the
Occupation date as per this lease agreement
5. DEBIT ORDER
5.1 Subject to clause 4.2 the Lessee will sign a Debit Order Authorization Form, in terms whereof the monthly
rent will be deducted directly from the Lessee’s bank account on the selected payment date.
5.2 The Lessee is aware that cancellation of the Debit Order, or dispute of the Debit Order will constitute a
breach of this Lease Agreement.
5.3 The rent can only be paid in terms of the Debit Order Authorization as stated in clause 5.1, unless agreed
upon in writing with the Estate Property Practitioner before signing this agreement, then/ where a double
deposit will be payable.
5.4 Failed Debit Orders will be charged a fee of R500.00 per transaction
6. ESCALATION
The amount of monthly rent payable per 1.7 shall automatically escalate annually on each and every
anniversary of the Commencement Date without any written notice to you as per 1.10 of the Schedule
RM
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7. INVOICES AND RECEIPTS
7.1 Invoices & Receipts will be send monthly by email, and will contain the following information:
- Date, amount and service of Invoice;
- The date of receipt of payment;
- The address of the Premises in respect of which payment is made;
- In respect of which period the payment is made;
- In respect of what the payment is made: Administration fees, legal costs, interest, rent & electricity etc.
7.2 It is the obligation of the Tenant to pay the rent and any other amount payable, even if the Tenant did not
receive the Invoice, on time. It is the Tenants obligation to enquire regarding the receipt of the invoices.
8. DEPOSIT
8.1 On entering into this lease the Lessee shall pay the Lessor a deposit as per 1.8 of the Schedule as a damages
deposit.
8.2 Payment to be made to the Property Practitioner’s Bank account as per 1.15 herein.
8.3 The Landlord shall be entitled to deduct from such damages deposit any amount owing by the Tenant for
damages suffered by the Landlord, and in the event of such deduction during the Lease Period, the Tenant
shall, upon request by the Landlord, forthwith reinstate the deposit to its full amount.
8.4 Should this unit be unsold at date of termination of this lease agreement, repayment of deposit will be
facilitated according to par 27.
8.5 It is specifically recorded that the Tenant cannot ask the Landlord to use the Deposit to cover any Rental
which the Tenant owes at any time during the subsistence of the Lease including the last month’s rent.
8.6 Should the Tenant fail to make any rent payment on time as per clause 4 herein, the Landlord has the right
to request a double deposit to be paid (an amount equal to 2 (two) months’ rent)
8.7 The deposit amount may be determined at the sole discretion of the Landlord and subject to the Tenant’s
TPN/ Credit rating
RM
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12. FIXTURES & FITTINGS
12.1 The Tenant shall not be entitled to affix any fixtures or fittings in and to the Premises without the prior
written consent of the Landlord, which consent may be granted or withheld.
12.2 Should the Landlord consent, all fixtures or fittings shall, unless otherwise agreed by the Landlord in writing,
shall be removed by the Tenant by no later than the date of the Outgoing Inspection, by which date all
damage occasioned by the original fixing and/or by removal of such fixtures and fittings shall have been
made good at the instance and cost of the Tenant who shall restore the Premises to the condition that these
where in, on the Commencement Date. Should the Tenant fail to remove any authorized fixtures and fittings
on or before the Outgoing Inspection, such fixtures and fittings shall become the property of the Landlord,
without any obligation on the Landlord or Property Practitioner to compensate the Tenant therefore.
12.3 The Tenant shall not be entitled to drive nails or any object into the walls, woodwork or ceiling of the
Premises, nor do anything else which may damage the walls, woodwork or ceiling or any other portion of the
Premises, without the prior written consent of the Landlord. The Tenant shall ensure that all nails and/or
other objects driven into or affixed to the walls, woodwork or ceiling of the Premises are removed on or
before the Outgoing Inspection date, by which date the Tenant shall repair all damages caused by the driving
in, affixing or removal of such nails or other objects and shall restore the Premises to the condition that it
was in on the Commencement Date.
12.4 The Tenant will repaint the inside of the unit, steam clean the carpets (if applicable) and make sure the unit
is in a good and clean condition.
13. ALTERATIONS
The Tenant shall not make any alteration or additions, whether structural or not, to the Premises without
prior written consent from the Landlord, which consent may be given or withheld at the sole discretion of
the Landlord.
RM
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15.2 The Tenant will, at all reasonable times during the Lease Period and by prior arrangement with the Tenant,
allow the Valuators, employed by financial institutions, access to this unit.
20. INSURANCE
20.1 The Tenant shall not cause or permit any act of any nature, which may negatively affect the Landlord’s
insurance of the Premises against risk of loss or damage attributable to any of the causes insured against. Which
may either void or deem voidable, or which may increase the rate of premium payable by the Landlord in
respect of the Premises with regard to such insurance. The Landlord will insure the property against loss or
damage caused by fire, storms and/ or landslides.
20.2 The Tenant shall be responsible for insuring his personal property brought on to the Premises. The Landlord
shall not be responsible for any loss, theft or damage to the Tenant’s property, regardless of how such loss,
theft or damage is caused.
21. NUISANCE
21.1 The Tenant shall not act, nor permit any act, in relation to the Premises which may be a source of annoyance,
nuisance, damage or disturbance to the occupants of any neighbouring Premises or properties.
21.2 The Tenant shall respect the rights of use and enjoyment of neighbours.
21.3 Tenants who do not obey the Body Corporate Rules may be evicted at the discretion of the Landlord and all
eviction costs will be for the tenants account including all outstanding rent.
RM
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25. SURETYSHIP
25.1 If the tenant is a body corporate, partnership, association, company, closed corporation or trust, the trustees,
partners, directors or members (as the case may be), by signing this Lease, confirm that they agree to be
personally liable under this Lease, together with the Tenant, and sign Annexure “A” attached hereto, titled
“Suretyship”.
25.2 If the person signing this Lease is not the Tenant, the person signing confirms that he has the authority to do so
and accepts liability jointly and severally with the Tenant and surety of co-principal debtor, for amounts which
the Tenant may owe the Landlord under this Lease, waiving the benefits of excision and division.
RM
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29. REPAYMENT OF DEPOSIT
29.1 Should no amount be owing by the Tenant to the Landlord either for monies owing and unpaid in terms of this
Agreement, or for the cost of repair in terms of Clause 12 and Clause 16, then the Landlord shall pay the full
amount of the deposit thereof to the Tenant within 60 (sixty) days after the termination of this Agreement.
29.2 Should the Landlord deduct the reasonable cost of repairing damage caused to the Premises or any monies
owing to the Tenant in terms of any provision of this agreement from the deposit, the Landlord shall pay the
balance of the deposit (if any) to the Tenant no later than 60 (sixty) days after the restoration of the Premises by
the Landlord or his Property Practitioner.
29.3 Should the Tenant fail to attend the Outgoing Inspection as contemplated in Clause 16, The Landlord shall, on
termination of the Lease Agreement inspect the Premises within 14 (fourteen) days from the Termination Date
in order to assess any damage or loss which occurred during the Lease Period. Without detracting from any
other right or remedy which the Landlord may be entitled to in terms of this Agreement, the Landlord may
deduct from the Tenant’s deposit the reasonable cost of repairing damage to the Premises and the cost of
replacing lost keys without consent of the tenant. The balance of the deposit shall be refunded to the Tenant by
the Landlord no later than 60 (sixty) days after the completion of any repair work performed by the Landlord or
his Property Practitioners.
29.4 At the request of the Tenant, the Landlord or Property Practitioner shall make all receipts/invoices which
indicate the cost of repairs effected in terms of Clauses 26.5 hereinabove available to the Tenant for inspection
as proof of the costs incurred by the Landlord.
30. TERMINATION
30.1 The Tenant may cancel the lease agreement but, must give the Landlord no less than 60 (sixty) days written
notice and confirm receipt of such written notice with the Landlord.
30.2 Should the Tenant cancel this Lease agreement before the lease period expires, the Tenant will be liable to pay
a reasonable cancellation penalty, calculated as follows:
Agent Commission R1,500.00* Per month for each remaining month of the lease agreement
Admin Fees R2,400.00 Admin fee for early termination (Once-Off)
Marketing Fees R500.00* Per month for each remaining month of the lease agreement
Inspection Fee R500.00* Special inspection due to Early Termination
To be
Repair Costs All repair costs if repairs are required after move out.
Determined
In the event that Legal action is taken: Any cost what so ever,
Legal Fees If applicable the Landlord will be entitled to recover all legal costs on a scale
as between attorney and client
Early termination of this lease agreement without consent as per section 14 (3)(b)(i) of the Consumer Protection Act
68 of 2008, early termination will lead to:
30.2.1 Withholding of your rental deposit.
30.2.3 Charge of penalties as per Par. 28.2 of the outstanding rent on the remaining term of this
Lease agreement.
30.2.4 Any/ all legal costs.
30.2.5 Interest at a rate of 18% per annum on the outstanding amount
30.2.6 Cancellation fees are payable within 7 days from date of notice to cancel the lease
agreement. It remains the Tenants responsibility to confirm that the agent has
received notice of termination as per Clause 28.2
30.2.7 The tenant may not choose to use the Deposit as payment towards early Termination fees or
outstanding rent and must pay all outstanding fees in full
RM
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31. BREACH
31.1 Should any amount payable by the Tenant hereunder not be paid on due date or should the Tenant commit any
breach of any other provisions of this Agreement and should such amount not be paid or breach not be
remedied, as the case may be, within 7 (seven) days of receipt of written notice from the Landlord requiring the
Tenant to make such payment or to remedy such breach, then and in either event, the Landlord shall be
entitled to:
29.1.1 Cancel this Agreement with immediate effect, by giving 7 days notice to the Tenant to affect such
cancellation. Without prejudice to any claim that the landlord may have against the Tenant for any
arrear rental or for such damage or cost which the Landlord may suffer by reason of such breach
and/or cancellation.
31.2 In the event of the Landlord cancelling this Lease in accordance with his rights hereunder and in the event of the
Tenant disputing the right to cancel and remain in occupation of the Premises, the Tenant shall, pending
settlement of such dispute either by negotiation or by litigation or by determination of the Tribunal, continue to
pay an amount equivalent to the rent provided for in this Agreement in advanced as hereinbefore provided and
shall continue to pay, on the due date any other amounts for which he is responsible hereunder and the
Landlord shall be entitled to accept and recover such payments and the acceptance thereof shall be without
prejudice to, and shall not in any way whatsoever effect the landlord’s claim for cancellation.
31.3 Should the dispute be determined in favor of the Landlord, payment made and received in terms of Clause 29.2,
shall be deemed to be amounts paid by the Tenant on account of damages suffered by the Landlord by reason
of the cancellation of the Agreement and/or the unlawful holding over by the Tenant, but without prejudice to
any other claim which the Landlord may have against the Tenant for damages or otherwise. Should the dispute,
however, be determined in favor of the Tenant, payment made and received by the Landlord in terms of Clause
29.2 shall be deemed to be on account of rent payable by the Tenant in terms of this Agreement.
RM
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35.2 LANDLORD:
17 Catherine Street. Shere Agricultural Holdings, Pretoria East, 0081
TENANT:
The leased Premises as set out in the Pre-Emble hereto, must be a Physical Address
35.3 Any notice by or to either Party in terms of this Agreement shall be given in writing and shall be delivered by
hand, electronic transmission.
39. NO VARIATION
No variation of, or addition or agreed cancellation to this Agreement shall be of any force or effect unless it is
reduced in writing and signed by both Parties.
40. INDULGENCES
No relaxation, indulgence or concession granted by the Landlord to the Tenant in respect of any of his
obligations hereunder shall constitute a novation of any part of this Agreement nor otherwise prejudice,
derogate from, or affect, any right which the Landlord may have against the Tenant.
43. GENERAL
43.1 Keys will only be handed over to the tenant, once the first month’s rent as per (1.7) the Deposit as per (1.8) and
contract fee as per (1.9) / par 40 has been received in full.
43.2 The tenant confirms they have read and understand the lease, that all necessary clauses have been explained by
the Landlord or the Property Practitioner, that they have further been advised of all their rights in terms of this
Lease, and the relevant sections of the Consumer Protection Act and that they sign this Lease freely and
voluntarily.
43.3 All items brought onto the Premises by the Tenant will serve as security for the Tenant’s compliance with their
obligations under this Lease. The Tenant may not give up their rights or possessions of the items or remove
them from the premises.
44. COSTS
The Tenant shall be liable for the costs of the preparation of this Agreement in an amount of R 2,000 shall be
paid in advanced on the date of signature hereof.
RM
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Property Details: UNIT NUMBER: 1456 COMPLEX NAME: IQ Thistle Creek
The following costs are payable within 5 (five) Days of the date of signing this lease agreement, to secure the unit:
Deposit: R9,500.00
The 1stMonths rent is payable in full, before the Occupation date as set out in this Lease Agreement. Please note, Debit
orders are only processed from the 2nd Occupation month.
__________________________ _____________________________
TENANT SIGNATURE: SPOUSE, CO-APPLICANT or WITNESS
SIGNATURE:
____________________________
LANDLORD/ OWNER SIGNATURE:
_______________________________ __________________________________
SIGNATURE: SIGNATURE:
CANDIDATE PROPERTY PRACTITIONER PROFESSIONAL PROPERTY PRACTITIONER
NAME & SURNAME: Roy Greybe ____ NAME & SURNAME: _____________________
PPRA FFC Number: 1184595
_____ PPRA FFC Number: ________________
17/01/2023
Date: Date:
RM
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Annexure “A” : SURETYSHIP
Annexure “A”
I, the undersigned,
(“the Surety”)
Do herby bind myself as surety and co-principal debtor, jointly and severally with the Tenant to the Landlord for the
due and proper fulfilment of all obligations of the Tenant and the punctual payment of all sums which are or may
become due by the Tenant arising out of this Lease or the renewal of this Lease between the Landlord and the Tenant,
in terms of which the Landlord has let to the Tenant the Premises.
Surety;
Time: 18h23
Witness:
RM
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Annexure “B” PROPERTY CONDITIONS DISCLOSERE:
IMMOVABLE PROPERTY CONDITION REPORT IN RELATION TO THE RENTAL OF ANY IMMOVABLE PROPERTY
1. DISCLAIMER:
This condition report concerns the immovable property situated at
IQ Thistle Creek
_____________________________________________________________ (the "Property"). This report does not
constitute a guarantee or warranty of any kind by the owner of the Property or by the property practitioners
representing that owner in any transaction. This report should, therefore, not be regarded as a substitute for any
inspections or warranties that prospective purchasers may wish to obtain prior to concluding an agreement of sale in
respect of the Property.
2. DEFINITIONS:
In this form –
2.1 "to be aware" means to have actual notice or knowledge of a certain fact or state of affairs; and
2.2 "defect" means any condition, whether latent or patent, that would or could have a significant deleterious or
adverse impact on, or affect, the value of the property, that would or could significantly impair or impact upon the
health or safety of any future occupants of the property or that, if not repaired, removed or replaced, would or
could significantly shorten or adversely affect the expected normal lifespan of the Property.
3. DISCLOSURE OF INFORMATION:
The owner of the Property discloses the information hereunder in the full knowledge that, even though this is not to be
construed as a warranty, prospective purchasers of the Property may rely on such information when deciding whether,
and on what terms, to purchase the Property. The owner hereby authorizes the appointed property practitioner
marketing the Property for sale to provide a copy of this statement, and to disclose any information contained in this
statement, to any person in connection with any actual or anticipated sale of the Property.
RM
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5. STATEMENTS IN CONNECTION WITH PROPERTY:
YES NO N/A
I am aware of the defects in the plumbing system, including in the swimming pool (if any).
I am aware of the defects in the heating and air conditioning systems, including the air filters
and humidifiers.
I am aware of any defects to the property and/or in the basement or foundations of the
property, including cracks, seepage and bulges. Other such defects include, but are not limited
to, flooding, dampness or wet walls and unsafe concentrations of mold or defects in drain
tiling or sump pumps.
I am aware that remodeling and refurbishment have affected the structure of the Property.
I am aware that any additions or improvements made to or any erections made on the
property, have been done or were made, only after the required consents, permissions and
permits to do so were properly obtained.
I am aware that a structure on the Property has been earmarked as a historic structure or
heritage site.
ADDITIONAL INFORMATION:
____________________________________________________________________________________________
____________________________________________________________________________________________
____________________________________________________________________________________________
______________________________________________________________ _____________
6. OWNER’S CERTIFICATION:
The owner hereby certifies that the information provided in this report is, to the best of the owner's knowledge and belief,
true and correct as at the date when the owner signs this report.
RM
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7. CERTIFICATION BY PERSON SUPPLYING INFORMATION:
If a person other than the owner of the property provides the required information that person must certify that he/she
is duly authorized by the owner to supply the information and that he/she has supplied the correct information on which
the owner relied for the purposes of this report and, in addition, that the information contained herein is, to the best of
that person's knowledge and belief, true and correct as at the date on which that person signs this report.
9. TENANT’S ACKNOWLEDGEMENT:
The prospective tenant acknowledges that he/she has been informed that professional expertise and/or technical skill
and knowledge may be required to detect defects in, and non-compliant aspects concerning, the property. The
prospective tenant acknowledges receipt of a copy of this statement.
10. SIGNATURES:
Pretoria 17/01/2023
Signed at _______________________________on_____________________________
RM
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