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Offer to Rent
OF F E R T O R E N T
The Landlord
c/o xxxxxxxxx xxxxxxxxxx Date............................................
Identity / Company / Close Corporation
No............................................ Herein represented
by
...................................................................................................................in
his / their capacity
as:...................................................................................................and
hereby authorised thereto do hereby offer to lease from you ("the
Landlord") certain
........................................................................................................................................................
("the Premises") on the following terms and conditions:
1. The Lease shall be for a period of..........years............months with
effect
2. The rental shall be
R.....................................................................................per
month
(plus VAT at the prevailing rate / the Landlord is not Registered as a VAT
vendor)
escalating by.....................% per annum all rentals payable monthly in
advance.
3. This rental includes assessment rates but in the event of these assessment
rates or other municipal or government taxes being increased during the period
of this lease, the landlord shall be entitled to increase the rental payable by
the tenant by such increase from the effective date of any increase.
4. The premises shall be used only for the purpose of:
5. The tenant shall be liable for the cost of this contract and the Stamp
Duty hereon
6. On acceptance hereof the Landlord agrees to abide by the guidelines
recommended by the Institute of Realtors of South Africa and shall be liable for
the payment of commission to xxxxxxxxx xxxxxxxxxx in accordance with the
prevailing recommended tariff of the Institute of Realtors of South Africa plus
V.A.T. at the applicable rate.
The Landlord and Tenant agree that on acceptance of this Offer by the Landlord
the Tenant shall pay a deposit equivalent to one month's rental and the rental
for the first month to xxxxxxxxx xxxxxxxxxx together with stamp duty and the
cost of this contract who shall pay that part due to the Landlord after
deduction of all fees owed to xxxxxxxxx xxxxxxxxxx on the above occupation date.
7. This offer shall be irrevocable
until...................................................Any breach by the Tenant
after acceptance of this Contract by the Landlord shall entitle the Landlord
without prejudice to any other rights either to cancel this Agreement, to eject
the Tenant and to sue for damages or to sue for specific performance.
...............................................................
..............................................................
Co. / C.C. Number
This done and signed by the AGENT at ........................... on this the
.........day of..................
in acceptance of the benefits of the contract ( stipulatio alteri )
As Witness:....................................
.................................................. For xxxxxxxxx xxxxxxxxxx
