MEMORANDUM OF AGREEMENT

OF LEASE
MADE AND ENT ERED I NT O BY AND BETW EEN

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W it h t he RSA I . D Num ber: _______ ___ ___ __ ____ ___ ___ ___ ___ ___ ___ ___ ___
(Herei naf t er ref erred t o as t he l essor of t he one part )

and

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W it h t he RSA I . D Num ber: _______ ___ ___ __ ____ ___ ___ ___ ___ ___ ___ ___ ___
(Herei naf t er ref erred t o as t he l esse e of t he ot her part )

1. L EASE O F PREMI SES

T he Le ssor h ereby l et s t o t h e L e ssee wh o r ent s subj ect t o t he t erm s a nd c ondi t i on s set out i n
t hi s agre em ent t he f ol l owi ng prem i ses:

An unf urni she d / f urni shed d wel l i ng si t uat ed at :

____ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ____ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ____ _

I ncl udi ng/ Ex cl udi ng t he groun d s and parki ng bay/ gara ge o n t hi s pro pert y grou nd s

2. I NT ERPRET AT I O NS AND DEF I NIT I O NS

2. 1 T he cl ause h eadi n g s of t hi s Agreem ent are i nsert e d f or ref erence purp o se s an d shal l i n
no way gov ern or af f ect t he i nt erpret at i on t her eof .

2. 2 Unl ess t he co nt ex t i ndi cat es a cont rary i nt en t i on an ex pressi on whi ch den ot e s any gen der
i ncl udes t he ot her gen der s, a nat ur al per son, a j uri st i c per son an d v i ce v ersa, t he si ngul ar
i ncl udes t he pl ur al and v i ce v ersa.

2. 3 Unl ess i nc on si st e nt wi t h t he co nt ex t , t he ex pressi on s set f ort h bel o w shal l bear t he

m eani ngs a ssi gne d t o t hem .

2. 3. 1 Comm encem ent Dat e: _____ ___ ___ ___ ___ _ ____ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
2. 3. 2 Depo si t : R ____ ___ __, __ __ (__ ___ ___ ___ __ ____ ___ ___ ___ ___ ___ ___ __)

2. 3. 3 Mont hl y Rent al payabl e f or t he prem i ses: R _ ____ ___, _ ___ ( ___ ___ ___ ___ ___ ___ ___ ___
____ ___ ___ ___ ___ ___ ___ _)

2. 3. 4 Dom i ci li a and Not i ces

T he part i es her eby cho o se domic il ium cit andi et exec ut and i f or all purpose s u nd er t hi s
Agreem ent at t he addre sse s set out bel o w (n ot bei ng a po st box or po st re st ant e).

LESSO R: _____ ___ ___ ___ ___ ___ ___ ___ ___ ____ ___ ___ ___ ___ _
____ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ____ ___ ___ ___ __
____ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ____ ___ ___ ___ __

LESSEE: T he Premi ses b ei ng l ea sed su bj ect t o t hi s agreem ent .

Any not i ce gi v en by or ei t her Part y i n t erm s of t hi s Agreem ent sh al l be gi v en i n wri t i ng

and shal l be del iv ered by h and t o a re spon si bl e per son pre se nt at or sent by f acsi m il e
t ransm i ssi on or pr epai d regi st ered p o st t o t he d om i ci li um cho sen by t h e a ddr e ssee i n t erm s of
t hi s Agreem ent and wh ereu pon i t sh al l be deem ed t o hav e been receiv ed wh en so del iv ered or
f ax ed or 4 (f our) bu si ne ss day s af t er bei ng so se nt by po st .

3. CO MMENCEMENT AND PERI O D

T he l ease of t he Premi ses i s ent ered i nt o f or t he i nit i al peri od of ______ m ont hs com m enci ng on
t he Com m encem ent Dat e (as st i pul at ed i n Cl au se 2. 3. 1) h ereaf t er t hi s Lea se shal l cont i nue a s a
m ont hl y t enancy, t erm i nabl e by ei t her p art y giv i ng t he ot her 1 ( one) cal en dar m ont h’ s n ot i ce i n
wri t i ng.

4. USE O F PREMI SES

T he Prem i ses shal l onl y be u se d f or p riv at e resi de nt i al purpo se s a nd n o ot h er u se what soev er,
nor sh al l t he Le ssee al l ow t h e pr em i ses t o be i nha bi t ed by m ore t han __ ___ __ per so n s at any
one t i m e, sav e wi t h t he Le ssor’ s pri or wri t t e n con sent and subj ect t o pr ov i si ons c ont ai ned i n t he
Hou se R ul es a nnex ed he ret o i f appli cabl e.

Bi rds, ani m al s and al l ot her pet s sh al l be/ sha l l not be permi t t ed on t he prem i ses.

5. RENT AL

5. 1 T he m ont hl y rent payabl e by t he Lessee t o t he Le ssor f or t he hi re of t he Premi ses i s t he

sum of R ____ ___ _, ___ ___ _ whi ch am ount sh al l escal at e at 10 % on eac h an niv ersary of t he
Comm encem ent Dat e.
5. 2 T he Le sse e shal l pay t he re nt m ont hl y i n adv ance o n t he f i rst worki n g day of ev ery m ont h
f ree of all bank charge s and wh en ef f ect i ng paym ent cl earl y i dent if y each paym ent m ade by him
by use (i f possi bl e) of an i dent if yi ng bank pa ym ent ref erence.

5. 3 Al l m ont hl y rent shal l be pai d on or bef ore t he d ue dat e, wi t h out d educt i on or set of f at
suc h pl ace a s t he Le ssor m ay i ndi cat e i n wri ti ng f rom t im e t o t im e.

th
5. 4 Paym ent of rent al s recei v ed af t er t he 7 day of t he m ont h wi l l be subj ect t o a surc harg e
of R250. 00 t o cov er col l ecti on f ees an d/ or ad di t i onal admi ni st rat i on cost s.

5. 5 Any paym ent rec eiv ed shal l f i rst be al l ocat ed t o rent al c o st s, adm i ni st rat i on f ees, l ega l
cost s an d i nt ere st and t her eaf t er t o rent al .

6. DEPO SIT

6. 1 As securi t y f or t he f ulf i llm ent of al l t he Lessee’ s obl i gat i ons i n t erm s of t hi s Agre em ent ,
t he Le ssee sh al l depo si t wi t h t he Le ssor upon si g nat ure of t hi s Agreem ent , an am ount of
R___ ___ __, __ ___ (_ ___ ___ ___ ___ ___ __ ___ ____ ___ ___ _)

6. 2 I t i s speci f i cal l y recorded t hat t h e de po si t may not b e a ppl i ed by t h e Le ssee a s p aym ent
f or t he l ast m ont hs rent al or f or any ot her ren t al due t o t he L e ssor i n t erm s of t hi s Lea se.

6. 3 T he Le ssor shal l be ent i t l ed t o ded uct f rom such de po si t any am ount pay abl e by t h e
Le ssee here und er u npai d and any am ount o wi ng by t h e Le ssee f or dam age s suf f ered by t he
Le ssor, and i n t he ev ent of such ded uct i on duri ng t he l ease peri od, t he Le sse e sha l l upon
reque st by t he L e ssor, f ort hwi t h rei nst at e t he depo si t t o i t s f ul l am ount .

6. 4 T he Le ssor ’nt sh al l i nv est t he dep o si t i n an i nt ere st be ari ng acc ount f or t he b enef i t of t he

Le ssee i n acc orda nce wi t h t he req ui rem ent s of t he Rent al Hou si ng Act 5 0 of 1999, i nt ere st
accrui ng t o t he Le ssee.

6. 5 O n t erm i nat i on of t hi s Lea se a nd prov i ded t hat n o am ount s are du e a nd o wi ng, t h e

Depo si t t oget her wi t h any i nt ere st shal l be re f unded t o t he Le ssee.

6. 6 Shoul d t h e L e ssee wi sh t o ex t end t he c urre nt Le a se, t h en t h e ne w Le a se shal l be on al l

t he condi t i on s cont ai n ed h erei n sav e t hat the m ont hl y rent al sh al l be neg ot i at ed. T he Le ssor
sh al l hav e t he ri ght t o i ncrease t h e dep o si t t o be equi v al ent t o t he newl y ne got i at ed rent al .

6. 7 T he l essee m ay at any t i m e by not i ce t o t he l e ssor r equ e st pro of t hat t he f und s a s

st i pul at ed i n t hi s cl au se i s st i l l i n such a n accou nt and t he l e ssor agre e s t o prov ide t he
st at em ent f or t he cal endar m ont h i n quest i on t o t he l essee wi t hi n 48 (f ort y ei g ht ) hours up on
recei pt of t he request .

7. AG ENT AND CO MMI SSI O N

7. 1 T here i s no a gent ’ s com mi ssi on due by ei t her pa rt y and shal l f or t he durat i on of t hi s
agreem ent bot h p art i es warr ant t hat t here sh al l be no agent com mi ssi on p ayabl e.

8. RECEI PT S

8. 1 T he Le ssor sh al l prov i de t he Le ssee wi t h rec ei pt s f or paym ent s m ade. No recei pt wi l l be

i ssued f or di rect bank dep o si t s or i nt ernet t ra nsact i ons a s t he se are suf f i ci ent proof of paym ent .

8. 2 I n t he ev ent of a recei pt bei ng i ssu ed eac h recei pt shal l cont a i n t he dat e of recei pt of
paym ent , t he addre ss of t he prem i ses wh ere t he paym ent i s m ade, i n respect of whi ch pe r i od t he
paym ent s i s m ade and i n re sp ect of what t he paym ent i s m ade i . e rent al , el ect ri ci t y, depo si t et c.

9. R AT ES, T AXES, L EVI ES

T he Le sse e shal l pay al l rat es, t ax es and l e v i es payabl e i n re sp ect of t he Premi se s duri ng t he
Lea se p eri od. Shoul d t hese am ount s i ncre ase duri ng t he Le a se Peri od, t he Le ssor shal l be
ent i t l ed t o i ncrease t he m ont hl y rent payabl e by an am ount equ al t o such i ncrea s e.

10. SUPPL I ES T O T HE PREMI SES

10. 1 T he Le sse e sh al l m ake al l arrangem ent s n ec essary t o pr ocur e t he suppl y t o t he Prem i se s

of el ect ri ci t y and wat er a nd shal l be re spon si bl e f or t he paym ent t her eof t o t he su ppl i er f or al l
el ect ri cit y and wat er c on sum ed and f or al l t el epho ne i n st al l at i on or r econ nect i on , re n t al and
cal l s duri ng t he Lea se Peri od an d f or t he paym ent of any ot her charge s payabl e i n con nect i on
wi t h t he af oresai d.

10. 2 If t he Premi se s are l et wi t h a t el ephon e, t he Le sse e shal l pay al l charge s l ev i ed by t he

po st al aut hori t i es i n rel at i on t o t he t el ephon e wi t hi n t he t i m e lim it all owe d f or paym ent and t he
Le ssee shal l do not hi ng whi ch m ay l ead t o t he su spe n si on o r t erm i nat i on of t he t el epho ne
serv i ce or t o a change of num ber or di rect ory ent ry.

10. 3 T he Le ss ee i ndem nif i es t he Le ssor a gai n st any d am age s suf f ered by hi m as a re sul t of
any f ai l ure or i nt errupt i on of any sup pl i es t o t he Prem i se s an d t he Le ssor do e s not warra nt t hat
any such suppl i es wi l l be cont i nue d f or t he durat i on of t he Lea se Peri od. T he Le s see
undert ak e s t o perf orm no act or omi ssi on t o prej udi ce t he cont i nuat i on or resum pt i on of such
su ppl i es.

11. F I XT URES AND F I T T I NG S

11. 1 T he Le ssee shal l be ent i t l ed t o af f ix any f ixt ures, f i tt i ngs or driv e nai l s i nt o t h e wal l s of
t he Prem i ses on co ndi t i on t hat t o t he di scr et i on of t he l essee, t he pr em i ses sh al l not suf f er
sev ere dam age by such af f ixm ent and i f i t is seen t o be po ssi bl e f or suc h d am age, t he l essee
sh al l be requi red t o obt ai n pri or wri t t en appr o v al.
11. 2 Shoul d t he Le ssor con sent , al l f ix t ures, f it t ing s and nai l s shal l , unl ess ot her wi se agr ee d
by t he Le ssor i n wri t i ng, be rem ov ed by t he Le sse e by no l at er t han t he d at e of t he O ut goi ng
I nsp ect i on, by whi ch d at e al l dam age occa si oned by t h e ori gi nal f ixi ng and/ o r by t he r emov al of
suc h f ix t ures, f i tt i ngs a nd nai l s shal l hav e been m ade g ood at t h e i n st ance a nd c o st of t he
Le ssee who shal l re st ore t h e Prem i se s t o t he co ndi t i on t hat i t wa s i n on t he Com m encem ent
Dat e.

11. 3 Shoul d t he L e ssee f ai l t o rem ov e any aut h ori zed f ixt ures a nd f i t ti ngs on or bef ore t he
O ut goi ng I nspe ct i on, such f ix t ures an d f it t i ngs shal l becom e t he propert y of t he Le ssor, wi t hout
any obl i gat i on t o com pensat e t he Le sse e t he ref ore.

12. AL T ERAT I O NS

T he Le ssee shal l not ef f ect any al t erat i ons or ad di t i ons, whet her st ruct ur al or not , t o t he
Prem i ses wi t hout pri or con se nt of t he Lessor, whi ch con sent shal l not unrea sona bl e wi t hhe l d.

13. I NCO MI NG I NSPECT I O N

13. 1 T he Le ssor an d t he Le ssee shal l j oi ntl y i nspect t he Premi se s pri or t o t he Com m encem ent
Dat e a s per t h e Rent al Ho u si ng Act 50 of 1999. Shoul d t he Le sse e f ai l t o m eet t he Lessor at t he
Prem i ses on t he dat e and at t he t im e arrang ed by bot h part i e s, t he Prem i ses shal l be de em ed t o
be f ree of def ect s.

13. 2 Any def ect or dam age not ed or f ound at t he Prem i ses shal l be recor ded i n wri t i ng i n a li st
of def ect s (Sna gl i st ), whi ch sh al l be si gn ed by t he Le ssee a nd t he Le ssor and at t ache d t o t hi s
Agreem ent . T he Lessee m ust obt ai n a copy of t hi s Lease Agreem ent , once i t has bee n si gne d
by al l part i es.

13. 3 T he Premi se s are l et and hi red i n t he condi t i on i n whi ch t hey are at t he Comm encem ent
Dat e, wi t ho ut any warr ant y ex press or i m pli ed, as t o t he ab sence of l at ent or pat ent def ect s
t herei n, but su bj ect al way s t o t he Le sse e’ s m ai nt enance obl i gat i on s i n t erm s of Cl ause 14
bel o w.
13. 4 T he Snagl i st m ust be su bm i tt ed t o t he Agent by t he Lesse e wi t hi n (7) sev en days of t he
Comm encem ent Dat e. Let i t be n ot ed t h a t sh oul d t he Le sse e not f urni sh t he A gent wi t h a
det ai l ed snagl i st i n wri t i ng, i t wi l l be accept ed t hat t here were no f aul t s. Shoul d f urt her f aul t s be
di scov ered af t er t he i ni ti al snagl i st ha s be e n su bm i t t ed, such f aul t s m ust al so b e recor ded i n
wri t i ng.

14. MAI NT ENAN CE BY T HE L ESSEE

T he Le ssee shal l f or t he durat i on of t he Lea se Peri od and at hi s o wn c o st , m ai nt ai n t he i nt eri or

and al l t he f ix t ures a nd f i tt i ngs t her ei n of t h e Prem i se s i n a st at e of go od r epai r, f ai r wear and
t ear acce pt ed, and shal l on t erm i nat i on of t hi s Agre em ent re -del iv er t he Prem i se s t o t h e Le ssor
i n t he sam e condi t i on as i t ex i st ed on t he Co mm encem ent Dat e.

14. 1 T he Le ssee ’ s m ai nt enance o bl i gat i ons i n t erm s of hi s cl ause shal l i ncl ude but not b e
l imi t ed t o:

14. 1. 1 T he repai r or repl ace, any door ha ndl e s, l ocks and key s, gl ass, wi ndo w f ast en er s,
el ect ri cal f i tt i ngs, bat hs, ba si n s, sani t ar yware, wat er t ap s, burgl ar al ar m s, aut om at ed
gat e s/ gar age d oor s, spri nkl er sy st em s, poo l pum p, f il t er, aut om at ed pool cl eaner whi ch are
dam aged by t he L essee. T he Le sse e sh al l al so repl ace at hi s ex pen se, any l i ght bul bs,
f l uoresc ent t ube s, t ap wa sher s an d wat er b al last s on t h e Prem i se s.

14. 1. 2 keep an d m ai nt ai n al l se wer age pi pe s, wa t er/ do wnpi p e s, gut t eri ng and drai n s f ree of
ob st ruct i on an d bl ockag e an d shal l rem ov e, at hi s co st , any bl ocka ge or ob st ruct i on t her ei n. If
t he bl ockage i s ca u sed by t ree root s, t he co st of drai n cl eari ng wi l l be f or t he Lessor ’ s acc ount .

15. MAI NT ENAN CE O F G ARDEN

15. 1 T he Le ssee shal l kee p t he gr oun d s (i f any) o f t he Prem i ses i n a cl e an, t i dy co ndi t i on, f ree
f rom all l it t er, and keep t he h edg e s t ri mmed, keep t h e l awn wat er ed an d m owe d, ke ep t he
f l owerb ed s wat er ed, neat a nd f ree f rom we ed s. T he Lessee shal l not cut or rem ov e tree s or
pl ant s or ef f ect any al t erat i ons t o t he gard e n, wi t hout t he Le ssor ’ s p ri or wri t t en con sent . T he
garde n shal l , at t he t erm i nat i on of t hi s Agree m ent , be ret urned t o t h e Le ss or i n sub st ant i a l l y t he
sam e condi t i on t hat i t wa s i n at t he Comm encem ent Dat e.

15. 2 T he cost s of any garden serv i ces em pl oyed as wel l as t he co st s of goods or m at eri al s
requi red t o r e st ore t he gard en t o sub st ant i al l y t he sam e condi t i on t hat it wa s at t he
Comm encem ent Dat e, shal l be f or t he Lesse e’ s accou nt and sh al l be payabl e imm edi at ely upon
dem and by t he Le ssor.

15. 3 T he Le sse e shal l be r e spo n si bl e f or t he m ai nt enance and upk eep of t he Pool . T he

prov i si ons of Cl ause 1 5. 2 shal l appl y, mutat is mut and is t o t he Le ssor’ s ri ght t o em ploy pool
m ai nt enance serv i ces and t he Le sse e’ s o bl i gat i ons t o pay al l cost s i nci de nt al t her et o on
condi t i on t hat suc h charg e s shal l be rea son a bl e of sort .

16. D AM AG E T O T HE PREMI SES BY T HE L ESSEE, VI SIT O RS, F AMI L Y

16. 1 T he Le ssee shal l repai r any dam age cau se d t o t he Prem i ses d uri ng t he L ea se Peri od
imm edi at el y upon cal l ed t o do so.

16. 2 T he Le sse e shal l not kno wi n gl y or ne gl i gent l y cau se or al l o w t o be c au se d a ny

ob st ruct i on or bl ockage of any se wer age pi pes, drai n s an d o t her su ppl y equi pm ent and
i nst al l at i ons serv i ng t he Prem i ses a nd shal l rem ov e at hi s o wn co st any ob st ruct i on or bl ockage
whi ch occur s i n such pi pe s or dr ai n a s a re su l t of hi s act i on s an d, wh ere n ece ssary, shal l cau se,
at hi s o wn co st , such se wer, pi pe or drai n t o be repai re d.

17. I NSUR ANCE

17. 1 T he Le ssee shal l not do or perm i t t o be d one any act whi ch m ay ren der t h e Le ssor ’ s
i nsura nce of t he Prem i ses a gai n st ri sk of l oss or d am age at t ri but ed t o any of t he cl ause s i nsure d
agai n st whi ch m ay i ncrease t he rat e of prem i um payabl e by t he Lessor i n respect of t he
Prem i ses wi t h regar d t o suc h i nsuranc e.

17. 2 T he Lessee shal l be resp on si bl e f or i nsuri ng hi s per sonal prop ert y broug ht ont o t he
Prem i ses. T he L e ssor shal l not be r e spo n si bl e f or any l oss, t hef t or dam age t o t he Le sse e’ s
propert y, reg ardl e ss of how suc h l oss, t hef t or dam age i s cau se d.

18. NUI SANCE

T he Le ssee sh al l not act , nor perm it any act , i n rel ati on t o t he Prem i ses whi ch m ay be a so urce
of annoyance o r nui sance or cau se dam age or di st urb ance t o t h e occu pant s of any nei gh bouri ng
prem i ses or prop ert i es.

19. I NSPECT I O N OF PREMI SES DURI NG T HE LEASE PERI O D

T he Le ssor shal l , at al l reason abl e t i m es duri ng t he l ea se P eri od an d wi t h pri or arra n gem ent
wi t h t he Le sse e be ent i t l ed t o hav e access t o and i n sp ect t he pr em i ses af t er 7 day s wri t t en
not i ce i n wri t i ng t o t he l essee of due ef f ect .

20. CO MPL I ANCE WI T H L AWS AND RUL ES

20. 1 T he Le ssee shal l at al l t im es f or t he durat i on of t he Le a se P eri od ob serv e and com pl y

wi t h al l appl i cabl e l a ws, st at uary, m uni ci pal , ot her by -l a ws an d reg ul at i ons. W here appl i cabl e,
t he Ho u se Rul e s i n r el at i on t o t h e c ont rol , m anagem ent , adm i ni s t rat i on, use a nd enj oy m ent of
t he Prem i ses ar e ann ex ed heret o.

20. 2 T he Le ssee shal l at al l t im e f or t he dur at i on of t he Lea se peri od, ob se rv e and com pl y wi t h

t he rul es a nd reg ul at i ons where appl i cabl e a nd at t ache d heret o.

21. L ESSO R’ S MAI NT ENANCE O BL I G AT I O NS

T he Le ssor shal l at hi s co st keep a nd m ai ntai n i n good order and co ndi t i on, f ai r wear a nd t ear
accept ed, t he ex t eri or of t he Premi se s, whi ch shal l i ncl ude t he roof , gut t ers and drai n pi pe s of
t he Prem i se s, an d i ncl ude t h e wi nd o ws and door s of t he Prem i se s, wi t h i ncl usi on of general
m ai nt enance.

22. SUBL ET T I NG , CESSI O N AND ASSI G NMENT

T he Le sse e sh al l be ent i t l ed t o cede or a ssi gn t hi s Lea se Agr eem ent , and subl et t he p re mi se s,
and p art wi t h po sse ssi on of t he prem i se s, a nd pl ace any per so n i n occ u pat i on of t he pr em i ses,
and any p ort i on t here of , wi t h or wi t hout t he p ri or wri t t en con se nt of t he Lessor.

23. RENEW AL PERI O D

T he Le ssee m ay appl y t o t he Le sso r , i n wri t i ng, f or t he Lea se Peri od t o b e rene wed, pr ov i ded
suc h wri t t en ap pl i cat i on i s receiv ed at l east 2 (t wo) cal end ar m ont h s pri or t o t he R ene wal
Peri od. Any rene wal of t he Agreem ent wi l l be ent i rel y at t he Lessor ’ s di scret i on a nd on t he
t erm s t o be n egot i at ed bet ween t he L e ssee and t he Le ssor whi ch t erm s sho ul d be red uced t o
wri t i ng.

24. I NDEMNI T Y

T he Le ssor here by i nd em nif i es t h e L e ssee f or any l o ss or dam age t o pr opert y or i n j ury t o

per son s suf f ered on t he Prem i se s a s a r e sul t of any act or om i ss i on by t h e L e ssee or i t s
serv ant s or ag ent s.

25. DEST RUCT IO N O R DAM AG E

25. 1 Shoul d t he Prem i se s at any t i m e duri ng t he Lea se Peri od b e

de st royed or be so d am aged, by what ev er cause, a s t o depri v e t he Le ssee of t he benef i cial use
of t he Prem i ses, t h en t hi s A greem ent sh al l t erm i nat e, and e ach part y shal l rem ai n l i abl e f or i t s
obl i gat i ons i n t erm s of t he agreem ent up t o t he dat e of such t erm i nat i on but , sav e f or t he
af oresai d an d subj ect t o cl au se 2 5. 5 bel o w, nei t her Part y hav i ng any f urt her cl aim against t h e
ot her.

25. 2 I n t he ev ent howev er of t he Premi se s bei ng onl y part i al l y dam aged by any cause
af oresai d, t he n t hi s Agr eem ent shal l cont i nu e i n f orce an d ef f ect and t he Le ssor shal l , a s soon
as i s rea sona bl y po ssi bl e, repai r such dam age. T he Le ssee sh a l l be ent i t l ed t o a reduc t i on of
rent duri ng t he p eri od i n whi ch t h e Prem i se s ar e not whol l y sui t abl e f or occup at i on. If
agreem ent cann ot be reach ed, t he Part i es shal l agree on an i nde pen dent t hi rd part y t o deci de
upon suc h red uct i on.

25. 3 Not wi t hst an di ng t he prov i si ons of cl ause 2 5. 2, t he Le ssee sh al l i n t he ev ent of t he

Prem i ses b ei ng o nl y so part i al l y dam aged, c ont i nue t o pay t he f ul l am ount of rent unt i l such t i m e
as t he r educt i on of rent i s det erm i ned by t he Le ssor.

25. 4 Af t er t he am ount of t he r e duc ed r ent h a s b een det erm i ned, t he L e ssor shal l credi t t he
Le ssee wi t h such am ount a s t he L e ssee m ay hav e pai d i n ex cess of t he reduced r ent .

25. 5 T he prov i si ons of cl ause 25. 1 abov e shal l not prej udi ce any cl aim whi ch t he Le ssor m ay
hav e agai nst t h e Le sse e where a ny d e st ruct i on of or d am age t o t he Pr em i ses i s cau sed by t h e
act or negl i gence of t he Lessee or of any pe rso n wh o se act i on t he Le sse e shal l be re sp on si bl e
f or.

26. O UT G OI NG I NSPECT I O N

26. 1 T he Le ssor and t h e Le ssee sh al l , on t he t ermi nat i on of t hi s Agreem ent j oi nt l y i nspect t he

Prem i ses f or any dam age t heret o at a pr e -ar range d t i m e on t he l a st day of t he Lea se a s per t he
m andat ory i nspect i on ref erred t o i n t he Rent a l Housi ng Act 50 of 1999.

26. 2 T he Le ssee sh al l ensur e t hat t he Prem i ses shal l be v acant at t he tim e of such i nspect i on.

26. 3 T he carpet s wi l l be cl eaned by a reput a bl e carpet cl eani ng com pany up on v acat i ng. T hi s
cost i s t o born e by t he Le ss e e. Sho ul d t h e Le ssee hou se any pet at t he prop ert y dur i ng t he
currency of t hi s Le a se t h e L e ssee shal l h av e t he pro pert y prof essi onal l y f umi gat ed at t he
Le ssor’ s ex pen se.

27. REPAYMENT O F DEPO SIT

27. 1 Shoul d no am ount s be o wi ng by t he Le sse e t o t he Le ssor ei t her f or m oni es o wi ng an d

unpai d i n t erm s of t hi s Agreem ent , or f or t he cost s or r epai r i n t erm s of cl ause 2 6. 3, t h en t he
Le ssor shal l pay t he f ull am ount of t he depo si t pl us any i nt ere st t here on t o t he Le ssee wi t hi n 7
(sev en) days af t er t he t erm i nat i on of t hi s Agreem ent .

27. 2 Shoul d t he Le ssor de duct t he rea so nabl e cost of repai ri ng dam age cau sed t o t he
Prem i ses or a ny m oni es o wi ng by t h e L e sse e i n t erm s of t hi s A greem ent f rom t he depo si t , t he
Le ssor sh al l pay t he bal anc e of t he depo si t (if any) and t he i nt ere st t her eon t o t h e Le sse e n o
l at er t han 14 (f ourt een) day s af t er t he rest o r at i on of t he Premi se s t o t he Le ssor.

27. 3 Shoul d t he Le ssee f ail t o at t end t he O ut going I nspect i on a s cont em pl at ed i n Cl ause 26 ,

t he Le ssor sh al l , on t erm i nat i on of t he Ag re em ent , i nspect t he Prem i ses wi t hi n sev en (7) day s
f rom t he t erm i nat i on dat e i n order t o asse ss any dam age s or l o ss whi ch occurred d uri ng t he
Lea se P eri od. W i t hout det ract i ng f rom any ot her ri ght or rem edy whi ch t he Le ssor m ay be
ent i t l ed t o i n t erm s of t hi s Agreem ent , t he Le ssor m ay ded uct f rom t he Le sse e’ s d epo si t an d
i nt erest , t he re a son abl e co st of repai ri ng dam age t o t he Prem i ses an d t he co st of repl aci ng l ost
keys. T he bal anc e of t he dep o si t (and i nt erest t here on) shal l be r ef unded t o t he Le ssee by t h e
Le ssor no l at er t ha n t went y one ( 21) day s af t er t he t erm i nat i on.

27. 4 At t he reque st of t he Lesse e, t he Le ssor sh al l m ake al l recei pt s/ i nv oi ces whi ch i ndi cat e
t he cost of t he repai rs ef f ect ed i n t erm s of clau se s 27. 2 and 2 7. 3 her ei n av ai l abl e t o t he Lessee
f or i nspect i on a s pr oof of t he cost s i ncurr ed by t he Le ssor.

27. 5 Upon f ai l ure on t he si de of t he l essor t o repa y t he depo si t , t he l essee shal l be ent i t l ed t o

pro secut e t h e m at t er wi t h any court hav i ng j uri sdi ct i on on t he m at t er, at t he ex pense o f t he
l essor. T he l essor agr ee s t hat t he l essee sha l l be ent i tl ed t o comm it any act i on t o enf orce t he
repaym ent of t he deposi t .

29. I NT EREST

I nt ere st at t he rat e of 2% pl us t h e Pri m e Rate a s publ i shed by ABSA BANK LI MI T ED f rom t im e t o

t im e on any ov erdue am ount s i n t erm s of t hi s l ease.

30. BRE ACH

30. 1 Shoul d any am ount payabl e by t he Le ssee h ereun der n ot be p ai d on d ue d at e or sh oul d

t he Le sse e comm i t any breach of any ot her p rov i si on of t hi s Agreem ent and sho ul d such a m ount
not b e p ai d or bre ach not be r em edi ed, a s t h e ca se m ay be, wi t hi n 21 (t went y) day s of recei pt of
wri t t en n ot i ce f rom t he Lessor req ui ri ng t he Le ssee t o m ake suc h paym ent or t o rem ed y suc h
breach, t he Le ssor shal l be ent i t l ed t o c anc el t hi s Agr eem ent by not i ce gi v en t o t he Le sse e t o
suc h ef f ect . Such canc el l at i on t o be wi t hout prej ud i ce t o any cl ai m t hat t he Le ssor m ay h av e f or
any arrear re nt al or such dam age or co st wh i ch t he Lessor m ay suf f er by reason of such breach
and/ or ca ncel l at i on.

30. 2 I n t he ev ent of t he Le ssor c ancel i ng t hi s Le ase wi t hi n hi s ri ght s an d i n t h e ev ent of t he

Le ssee di sput i ng t he ri ght t o cancel and rem ai n i n occupat i on of t he Premi se s, t he Le sse e sh al l ,
pendi ng set t l em ent of such di sput e ei t her b y negot i at i on, l i ti gat i on or by det erm i nat i on of t he
Rent al T ri bunal est abl i shed u nder Sect i on 7 of t he Rent al Ho usi ng Act , cont i nue t o pay an
am ount equi v al ent t o t he rent prov i ded f or in t hi s Agre em ent and shal l cont i nue t o pay, on d ue
dat e any ot her am ount s f or whi ch he i s re sp on si bl e and sh al l not i n any way ef f ect t he Lessor’ s
cl aim f or cancell at i on.

30. 3 Shoul d t he di sp ut e be det erm i ned i n f av our of t he Lessor, paym ent m ade and r eceiv ed i n
t erm s of cl ause 30. 2 abov e, shal l be de em ed t o b e am ount s pai d by t he Le sse e o n acc ount of
dam age s suf f ered by t he Le ssor but wi t ho ut prej udi ce t o any ot her cl ai m whi ch t he L e ssor m ay
hav e agai nst t he Le sse e f or dam ages or ot h er wi se. Sho ul d t he di sp ut e be d et erm i ned i n f av our
of t he Lesse e, paym ent s m ade an d recei v ed by t he Le ssor i n t erm s of cl ause 30. 2 shal l be
deem ed t o be on acc ount of t he rent payabl e by t he Le sse e i n t erm s of t hi s Agreem ent .

30. 4 Any not i ce whi ch t he Le sso r req ui res t o giv e t o t he Le ssee, shal l be d eem ed t o h av e been
v ali dl y giv en, if sent by prep ai d regi st er ed m ail t o t he Lessee at t he prop ert y, or l ef t by t he
Le ssor or hi s Age nt at such ad dre ss, whi c h not i ce shal l be d eem ed t o h av e been rece iv ed 4
day s af t er t he post i ng by re gi st ere d m ai l, or on t he day t he n ot i ce wa s del iv ered by hand.

31. CO NSENT T O MAG I ST RAT E’ S CO URT JURISDI CT IO N

T he Le ssee co n sent s t o t he j uri sdi ct i on of any Magi st rat e ’ s Court wi t h j uri sdi ct i on under sect i on
28 of t he Ma gi st rat e ’ s C ourt Act 194 4, i n regard t o any l eg al proce edi ng s i nst i t ut ed by t he
Le ssor i n c onn ect i on wi t h t hi s ag reem ent pr ov i ded t hat t he Le ssor shal l be ent i t l ed t o i nst i t ut e
suc h proce edi ng s i n t he Hi gh Co urt .

32. L EG AL CO ST S

Shoul d t he Le sso r hav e t o t ake l egal act i on agai n st t he Le sse e t o enf orce i t s obl i gat i ons i n
t erm s of t hi s Agre em ent , t he L e ssor shal l p ay al l l egal co st s, i ncl udi ng col l ect i on com mi ssi on
i ncurred by t he Le ssor on a n at t orney a nd o wn cl i ent scal e.

33. NO VARI AT I O N

No v ari ati on of , or addi t i on or agreed canc el l at i on t o t hi s Agreem ent shal l be of any f orce or
ef f ect unl ess i t i s reduce d t o wri t i ng and si gn ed by or on b eh al f of t he Part i es.

34. I NDUL G ENCES

No rel ax at i on, i ndul gence or conc e ssi on grant ed by t he L e ssor i n re spect of any of hi s
obl i gat i ons h ereu nder shal l const i t ut e a nov at i on of any part of t hi s Agreem ent nor ot h er wi se
prej udi ce, derog at e f rom, or af f ect , any ri ght s whi ch t he L e ssor m ay hav e agai nst t he Le sse e.

35. G ENERAL

Shoul d t wo or m ore perso n s si g n t hi s Agr eem ent of Lease a s Le ssor s or Le ssee s, t he sai d
per son s sh al l be j oi ntl y and sev eral l y li abl e i n sol i dum f or t he due perf orm ance of t he Lessee s
or Le ssor s o bl i gat i ons, a s t he ca se m ay be, i n t erm s of t hi s Lea se.

36. CO ST S

T he Le ssor sh al l be l i abl e f or t he co st s of preparat i on of t hi s Agre em ent and st am p dut y payabl e

t hereon, whi ch sh al l be pai d i n adv ance on t he dat e of si gnat ur e here of . T he Agen t shal l
prov i de t he Le sse e wi t h a br eakd o wn of su ch co st s and char ge s f or whi ch t he L e ssee wi l l be
l i abl e duri ng t he peri od of t hi s Lease.

37. PAYMENT BY EFT AND BANK T RANSFER

I n t he ev ent t hat t he l e ssee wi she s t o m ake paym ent of any du e f un d s t o t he l essor i n t hi s
agreem ent , t he l e ssor agre e s an d acce pt s t h e f oll owi ng b anki ng accou nt t o be u sed f or a ny bank
paym ent s or t ran sf ers:
B ANK N AME: _ ___ ___ ___ ___ ___ ___ ___ ___ ____ ___ ___ ___ ___ ___ ___ ___ _
ACCO UNT NUMBER: _____ ___ ___ ___ ___ __ ____ ___ ___ ___ ___ ___ ___ ___ __
BR ANC H N AME: ___ ___ ___ ___ ___ ___ ___ __ ____ ___ ___ ___ ___ ___ ___ ___ _
BR ANC H CO DE: ____ ___ ___ ___ ___ ___ ___ _ ____ ___ ___ ___ ___ ___ ___ ___ __
ACCO UNT HO L DER: _______ ___ ___ ___ ___ ____ ___ ___ ___ ___ ___ ___ ___ ___
PAYMENT REF ERANCE : _ ___ ___ ___ ___ ___ ____ ___ ___ ___ ___ __

38. ACCEPT ANCE

T he Le ssor a nd t he Le sse e ackn o wl edg e t hat t hey hav e read and u nder st o od t he c ont ent s of t hi s
Agreem ent of Lea se, a nd t hat al l queri es rel a t i ng t heret o h av e been rai sed wi t h a nd ex pl ained t o
t hem by t he Agent .

39. SPECI AL CO NDI T IO NS

T hus don e an d si gne d at …………………………………………………… on t he ………. Of

………………………………………. . of t he year 20……….

LESSO R ………………………………………………… W IT NESS . ………………………………………………

LESSEE ………………………………………………… W IT NESS . ………………………………………………