COLUMNIST /// 37
foreigners ”.
HBA wishes to remind the Honourable Minister that low cost housing is meant for owner occupation and not allowed to be rented out . To say that the Government is allowing rental of low-cost properties , especially to foreigners is a betrayal of the reason and purpose that such low cost properties were built in the first place .
the said property . Different owners will have different criteria based on their past experiences and individual preference and whilst HBA does not support using race as a criterion , the fact remains that the landlord should not be compelled to rent to a tenant that the landlord does not wish to . It is the prerogative of the landlord to choose their tenant . Choosing or ‘ profiling ’ is a methodical risk management practice based on quantifying qualitative attributes of tenants . One can ’ t possibly rent to a potential tenant who is problematic from the onset ?
It was to provide a roof for the poor and low-cost properties should not be used as a tool for property speculation . HBA has called for stricter enforcement of existing rules preventing the rental of low and also medium cost properties and to ensure that such properties are not rented out to third parties and are allocated to the correct target group . Owners must have the right to choose their tenant . Every house owner must have the right to choose who they want to rent
The proposed RTA cannot take away the indefeasible rights of title of property owners which includes the right to dispose and lease / rent the property to anyone of their own choosing . Standardized T & C in Tenancy Agreement
HBA calls for the Honourable Minister to ensure that the rights of both tenants and landlord are protected in the following key areas under the proposed RTA , if ever to be legislated :
PROPERTY360DIGEST E-MAGAZINE ISSUE # 6