Ask, Answer, Discover Knowledge
Login  |   Sign Up  |   Help

Discover > Answered Question

Lease contract gone bad
Mim & Mr Jim enter into a contract of lease. The monthly rental is R1000. Mim
moves into the flat and for the first few months pays his rental regularly. After
this he falls into arrears and does not pay his rent for 4 months. Mr Jim is
extremely frustrated and approaches you for advice. In the flat Mim has a bed, a
stereo system that belongs to him, a stove and fridge that he borrowed from his
mother, a sum of R2000 in cash belonging to his brother and an engagement ring
which he intends to propose to his girlfriend with.

Can u advise Mr Jim as to a possible remedy?
Share: Digg del.icio.us  facebook  StumbleUpon Toolbar Stumble It! reddit
No Clarification Requests
 

Answer

User Rating:
Compliment Answer:    
Answer Compliments:   0  
The landlord should evict Mim with no notice, and hold his property as colateral until the rent is paid in full! Mr. Jim kept his end of the bargain, but once Mim is gone, he is responsible for all the rent, but not the arrears.
Answer Date: 07:56am 10/04/08
 
About This User
Username confuzzed
Questions 6 Total (0 Withdrawn)
Question Rewards $2.00 Total / 100% Awarded
Questions Rating
User selects Best Answer 50% of the time
About This Question
Answered Question
Question Reward GroupAsk Reward
- -
Posted 10/04/08 Closed 10/11/08
User Views 56 Answers 1
URL
RSS
Related Questions