Just Property Magazine Volume 7 | Page 40

Just Legal The Rental Housing Amendment Bill New proposed Bill can potentially criminalise landlords T he new Rental Housing Amendment Bill will be a major game changer for both tenants and landlords. One of the major changes in the Bill is that all lease agreements will have to be in writing, which the advocates of the Bill say will assist in protecting both par ties. It will fall to the landlord to ensure that a written agreement is drawn up. The previous Rental Housing Act of 1999, however, did not stipulate that the lease agreement had to be a written document, unless the tenant requested it and many lease agreements were entered into with only a verbal agreement between the two par ties. One of the principle objectives of the Bill “It will fall to the landlord to ensure that a written agreement is drawn up. ” is to do away with tenants being asked to pay additional costs that have not been previously stipulated within the rental agreement. The Bill will require that a tenant is liable for the amount of the rental, along with any other additional charges agreed upon in the lease by the due date. For costs other than those agreed upon, the tenant is only liable upon proof of factual expenditure by the landlord. 38 Issue 7 2015 As per the proposal, tenants will have the right to request a written receipt for all payments received by the landlord from the tenant. The receipts must include a date, an address with street number or description of the proper ty they relate to, as well as an indication of whether the payment was for rental, arrears, deposit and a specific period for which payment was made. Additionally, tenants will entitled to request that the landlord provide them with written proof for the interest earned on the paid deposit. The landlord will be required to invest the received deposit amount in an interest-bearing account with a financial institution - provided that the rate applicable to such account may not be less than the rate applicable to a savings account. This is provided there is no outstanding monies owed to the landlord upon the expiration of the lease (the deposit without deduction), along with any interest earned, will be paid back to the tenant within a seven-day period. In the instance where the tenant has caused damage to the proper ty or lost keys, the landlord may deduct the necessary reasonable costs from the deposit before it is paid over to the tenant. According to the Bill, landlords are required to provide the tenant with a proper ty in a habitable condition, maintaining the existing structure of the proper ty and facilitate the provision of basic services. Landlords will need to ensure that their rental proper ty meets the required standards and is a structurally sound dwelling. Just Property Magazine