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To rent or to buy - that is the questionThe decision to rent or buy a residential property in South Africa hinges on several factors. It's not a one-size-fits-all situation. Your current life stage, financial situation, and personal circumstances all play a crucial role. You don’t have to sell before you buy a new house, but it helpsYou do not necessarily first have to sell your current house before you put in an offer to purchase a new house, but it may help if there is a lot of interest in the new property.What happens when you wish to cancel a lease agreement before occupation? A Property24 Reader wants to cancel a lease agreement before occupation. The agency informed him that he must give 20 business days’ notice and that a penalty of 50% of rental must be paid and that the landlord can ask for 3 months rental.
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