STUDY UNIT 3 Flashcards
(14 cards)
Three types of contracts of letting and hiring were recognised by Roman law, namely:
- Locatio conductio rei
- Locatio conductio operarum
- Locatio conductio operis
- LOCATIO CONDUCTIO REI:
the letting and hiring of a thing
- LOCATIO CONDUCTIO OPERARUM:
the letting and hiring of services
- LOCATIO CONDUCTIO OPERIS;
the letting and hiring of a job or contract.
WHAT IS A LEASE OF THINGS:
is a reciprocal agreement in terms of which one party, the lessor, undertakes to confer upon another party, the lessee, the temporary use and enjoyment of a particular thing in exchange for a counter-performance.
WHAT IS A LEASE:
is an agreement of lease concluded between a tenant and a landlord in respect of a dwelling for housing purposes.
GENERALREQUIREMENTS FOR CONCLUSION OF A LEASE:
- Consensus
- Contractual capacity
- Formalities
SECTION 5(2) OF THE RENTAL HOUSING ACT:
provides the lessee with the right to request the lessor to reduce the lease in writing.
ESSENTIALIA OF A CONTRACT OF LEASE:
- the leased property
- the temporary use and enjoyment of the property 3. the nature and extent of the counter-performance.
- THE LEASED PROPERTY:
-consensus must be reached on the leased property.
the thing must be identified or identifiable.
RURAL AND URBAN LEASES:
the distinction lies on the purpose in which the property is used for.
- TEMPORARY USE AND ENJOYMENT OF THE PROPERTY:
The parties must agree that the use and enjoyment of the property shall be given to the lessee only temporarily.
The Duration of the Lease may assume different forms:
- a lease can run from one specific day to another
- from a fixed date for a specific period
- from the commencement of an event for a specific period
- until the occurrence of a certain event.
- THE NATURE AND EXTENT OF THE COUNTER-PERFORMANCE:
the parties must agree on the nature and extent of the counter-performance to be paid.