Cascade Properties

Contract Law Facts: Lease agreement
This post contains South African Law by Mesuli Gina

Rental Applications & Tenant Vetting: The Shocking Truth Every Agent Must Know
Did you know that up to 40% of rental applications are suspected to contain fraudulent documents? That’s one of the alarming insights shared in our Rental Applications & Vetting Workshop, which agents described as “brilliant, motivating, and worth every cent.” Read the full article at https://rentalsphere.co.za/rental-applications-tenant-vetting-the-shocking-truth-every-agent-must-know/

⚠️ RENTAL AGENTS & FINANCIAL SANCTIONS OBLIGATIONS

The rental sector is particularly vulnerable to money laundering and terrorist financing, which makes compliance with the FIC Act non-negotiable.

👉 As rental agents, we must F**A both owners and tenants. This goes beyond ID documents — it includes:
✔️ Risk-rating clients
✔️ Adverse media checks
✔️ Scrutinising client details against the FIC’s Targeted Financial Sanctions (TFS) list
✔️ Filing reports on suspicious or unusual transactions (even on suspicion alone)

Later this month and early next month, Koti Steynberg joins us in the Inner Circle for two essential sessions:
🔹 POPIA/PAIA for Rental Agents
🔹 F**A for Rental Agents

📖 Full article: https://www.fic.gov.za/2025/08/05/estate-agents-and-tfs/