Comments on: Rental increases – fair or not? http://www.aurik.co.za/rental-increases-fair-or-not/ We build successful entrepreneurial businesses. Wed, 14 Dec 2011 11:35:55 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Neo Moleko http://www.aurik.co.za/rental-increases-fair-or-not/#comment-83 Neo Moleko Wed, 14 Dec 2011 11:35:55 +0000 http://www.aurik.co.za/?p=2274#comment-83 Great stuff, I'm glad I'm not too far off. Your advice is highly appreciated. Will be going through the agreement again. Time to negotiate. Great stuff, I’m glad I’m not too far off. Your advice is highly appreciated. Will be going through the agreement again.

Time to negotiate.

]]> By: Annie http://www.aurik.co.za/rental-increases-fair-or-not/#comment-82 Annie Wed, 14 Dec 2011 10:48:58 +0000 http://www.aurik.co.za/?p=2274#comment-82 Hi there, it all depends on what premises you are renting and in what area, if its residential, you need to make sure of the market rentals in that specific area, is it an upper class suburb? etc. on residential, 9% is acceptable however, always insist on 7% or 8%, as it’s the normal escalation rate. The same goes for office space and commercial property. Also, always keep in mind, to go through your lease agreement thoroughly before you sign and commit to certain clauses that weren’t agreed on. Hi there, it all depends on what premises you are renting and in what area, if its residential, you need to make sure of the market rentals in that specific area, is it an upper class suburb? etc. on residential, 9% is acceptable however, always insist on 7% or 8%, as it’s the normal escalation rate. The same goes for office space and commercial property. Also, always keep in mind, to go through your lease agreement thoroughly before you sign and commit to certain clauses that weren’t agreed on.

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