Surely the Consumer Protection Act Regulations which comes into effect in April this year will change the normal ways of doing business as we know it. It appears as even the payment of referral commission for qualified leads as being practiced at present will be against the law and that the term of lease agreements could be one sided reduced to a 20 days’ notice period.
It will have a definite effect on the future drafting of contracts and lease agreements. It is best for us in the industry to seek the assistance of attorneys experienced in the field and who are presently studying the existing and proposed legislation.
Download a copy of the Consumer Protection Act,2008 (Act 68 of 2008) here
Download the Proposed Consumer Protection Regulations, 2010: For public comment here
Marlon Shevelew is specialising in this field at present. View his web page on the CPA
Michelle Dickens, MD of TPN wrote a comment in her rent blog on the subject.
It will have a definite effect on the future drafting of contracts and lease agreements. It is best for us in the industry to seek the assistance of attorneys experienced in the field and who are presently studying the existing and proposed legislation.
Download a copy of the Consumer Protection Act,2008 (Act 68 of 2008) here
Download the Proposed Consumer Protection Regulations, 2010: For public comment here
Marlon Shevelew is specialising in this field at present. View his web page on the CPA
Michelle Dickens, MD of TPN wrote a comment in her rent blog on the subject.
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