KZN Provincial Treasury rental payment Monitor Quarter 4 for 2012
KZN Provincial Treasury rental payment Monitor Quarter 4 for 2012



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KZN Provincial Treasury Rental Payment Monitor Quarter 4 for 2012

2013-04-05

 

It seems the concept of a seven day grace period for payment of rent goes back to past centuries, when people who were habitually on time for

their obligations, were allowed some leeway due to funds being transferred by ox-wagon or on horseback, depending on the size of the transaction.

Then, due to occasional unforeseen circumstances, on a rare occasion, such a person could avoid a penalty for being late and maintain their

reputation for timeliness. As such conditions have long ceased to exist, there is no legal right afforded to the tenant to make his or her rental

payment by the 7th of the month.


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KZN Provincial Treasury Rental Payment Monitor Quarter 4 for 2012

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