Donna-Lee Neiman Property Practitioner

05/08/2024

12/05/2024

*Happy Mother’s Day* 🌸💕

09/09/2023

✨ SUPER SUNDAY SHOWDAY 13H00-14H00 - PLEASE DM ME TO ARRANGE VIEWING ✨

09/09/2023

✨SUNDAY SHOW DAY 14H00-15H00 DM ME TO ARRANGE A VIEWING ✨

23/08/2023

In one month alone, South Africa’s courts handed down more than R23 million worth of judgments against tenants who have not paid their rent.
This figure represents the financial struggle that renters –and consumers generally – are experiencing in a difficult economic climate.
Stats SA data for June reveals that 1,538 civil cases for rent debt were heard, with 662 orders worth R23.058m granted.
While the number of judgments is slightly down from May – by 40 cases, the value is up by almost R4m.
The PayProp Rental Index reveals that 18.4 percent of tenants were in arrears with their rental payment in the second quarter of this year, an increase from the 18 percent recorded in Q1 2023. This is the highest level seen since the end of 2021 and, although still well below the peak recorded during the pandemic, marks two straight quarters of higher arrears.

The number of judgments handed down against private individuals is slightly lower than May, but the value is up by almost R4 million.