I'm looking to rent a property through RE/MAX Southern Africa. Based on their Tenant's Guide, what are the key documents or financial preparations I need for a rental application? Also, what is the typical deposit amount, and how does RE/MAX define a 'breach of contract' in a lease agreement?
Navigate to remax.co.za. Click the 'Rent' button to reveal the sub-menu. Click 'A guide for tenant on renting property'. Read the 'Application' section to identify key preparations. Read the 'Deposit' section to identify the typical deposit amount. Read the 'Contract breach' section to understand its definition. Synthesize the identified information.
Successfully navigate to 'A guide for tenant on renting property'. State at least two key preparations for a rental application (e.g., checking credit score, having payslip/bank statement/ID ready, saving for a deposit). State the typical deposit amount mentioned in the guide (one to two or even three month's rent). Explain that a 'breach of contract' is when a legally binding agreement (like the lease agreement) is not honored by one or more parties who have signed it.