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Consumer Protection Act could make property harder to rent

October 2011 - Real Estate & Property. Legal Developments by Bowman Gilfillan .

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The recently enacted Consumer Protection Act (CPA) gives tenants who are individuals too many rights at the expense of landlords and could make it harder for them to find properties to rent, says Taryn Harris, property lawyer at corporate law firm Bowman Gilfillan.

JOHANNESBURG PROPERTY SELLERS FACE CASH SQUEEZE BECAUSE TRANSFERS ARE TAKING TOO LONG

October 2011 - Real Estate & Property. Legal Developments by Bowman Gilfillan .

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Property sellers are increasingly facing a cash squeeze because transfers in Johannesburg are taking too long, says Taryn Harris, property attorney at legal firm Bowman Gilfillan.

Consumer Protection Act and leases

The Consumer Protection Act 2008 (“the Act”) was assented to on 24 April 2009 and is to come into operation incrementally with the majority of the provisions coming into effect 18 months after the date on which the Act was signed by the President.  Accordingly the majority of the provisions of the Act will come into operation on 24 October 2010.