All Countries
Banking
Rent Repayment Agreement

Rent Repayment Agreement Template for South Africa

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Rent Repayment Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Rent Repayment Agreement

"I need a Rent Repayment Agreement for a residential property in Cape Town, where the tenant owes R45,000 in arrears and will repay in monthly installments of R3,000 starting March 2025, with the current monthly rent continuing separately."

Celebrated by
Collaborations with
Investors
Document background
The Rent Repayment Agreement is a crucial document used in South African property management when a tenant has fallen into rental arrears and both parties wish to formalize an arrangement for repayment. This document becomes necessary when there is an accumulated rental debt but the landlord is willing to accept structured payments rather than pursuing immediate legal action. The agreement must comply with South African property law, particularly the Rental Housing Act 50 of 1999 and the Consumer Protection Act 68 of 2008. It typically includes detailed payment schedules, acknowledgment of the debt, current rent obligations, and consequences of default. The document serves both as a debt acknowledgment and a commitment to a specific repayment plan, providing legal protection for both landlord and tenant while maintaining the underlying lease relationship.
Suggested Sections

1. Parties: Identification of the landlord and tenant, including full legal names, identification numbers, and addresses

2. Background: Context of the agreement, including reference to the original lease agreement, acknowledgment of rent arrears, and parties' intention to enter into a repayment arrangement

3. Definitions: Definitions of key terms used in the agreement, including 'Arrears Amount', 'Repayment Schedule', 'Current Rent', etc.

4. Acknowledgment of Debt: Formal acknowledgment of the total amount owed, breakdown of how it was calculated, and confirmation that the debt is due and payable

5. Repayment Terms: Detailed terms of repayment including installment amounts, payment dates, payment methods, and treatment of interest

6. Current Rent Obligations: Confirmation that current rent payments must continue alongside arrears repayment

7. Default Provisions: Consequences of failing to make payments as agreed, including remedies available to the landlord

8. General Terms: Standard contract provisions including entire agreement clause, amendment procedures, and governing law

Optional Sections

1. Guarantor Provisions: Required when a third party is guaranteeing the repayment obligations

2. Interest Calculations: Needed when interest is being charged on the arrears amount

3. Securities: Required when specific assets or deposits are being held as security for the repayment

4. Dispute Resolution: Detailed dispute resolution procedures, recommended for larger amounts

5. Early Settlement: Terms for early repayment of the full amount, including any applicable discounts

6. Cost Allocation: Required when legal or administration costs are being added to the repayment amount

Suggested Schedules

1. Schedule A - Arrears Calculation: Detailed breakdown of the arrears amount, showing monthly shortfalls and how the total was calculated

2. Schedule B - Repayment Schedule: Table showing dates and amounts of each scheduled repayment

3. Schedule C - Payment Methods: Details of approved payment methods and banking details

4. Appendix 1 - Copy of Original Lease: Copy of the original lease agreement referenced in the repayment agreement

5. Appendix 2 - Statement of Account: Current statement showing all transactions and how the arrears accumulated

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Real Estate

Property Management

Residential Housing

Commercial Property

Student Accommodation

Retail Property

Industrial Property

Mixed-use Development

Relevant Teams

Legal

Property Management

Finance

Collections

Tenant Relations

Operations

Accounts Receivable

Risk Management

Compliance

Administrative

Relevant Roles

Property Manager

Rental Agent

Real Estate Attorney

Leasing Manager

Financial Manager

Collections Specialist

Legal Counsel

Portfolio Manager

Tenant Relations Manager

Property Administrator

Accounts Receivable Manager

Housing Operations Manager

Industries
Rental Housing Act 50 of 1999: The primary legislation governing residential tenancies in South Africa, establishing rights and obligations of landlords and tenants, and providing framework for dispute resolution
Consumer Protection Act 68 of 2008: Protects consumers (including tenants) from unfair practices and ensures reasonable terms in agreements, particularly relevant for payment arrangements
National Credit Act 34 of 2005: Although not directly applicable to rental agreements, its principles may be relevant when structuring payment terms and interest calculations in repayment agreements
Prevention of Illegal Eviction and Unlawful Occupation of Land Act 19 of 1998: Relevant for understanding the legal framework around evictions if the repayment agreement is breached
Prescribed Rate of Interest Act 55 of 1975: Governs the charging of interest on debts and arrears in South Africa
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Payment Arrangement Agreement

A South African law-governed agreement that structures debt repayment terms between creditor and debtor, ensuring compliance with local credit and consumer protection laws.

find out more

Payment Plan Letter

A South African legal document establishing agreed payment terms between creditor and debtor for settling outstanding debt through structured installments.

find out more

Past Due Rent Payment Agreement

A South African legal agreement establishing a payment plan between landlord and tenant for settling overdue rent while maintaining tenancy rights.

find out more

Payment Plan Installment Agreement

A South African law-governed agreement structuring debt repayment into fixed installments, compliant with the National Credit Act.

find out more

Partial Payment Agreement

A South African law-governed agreement establishing terms for structured partial payment of outstanding debt, compliant with national credit and consumer protection legislation.

find out more

Agreement To Pay For Services

A South African law-governed agreement establishing terms for service provision and payment arrangements between service providers and clients.

find out more

Payment Agreement Letter

A legally binding document under South African law that establishes payment terms and conditions between parties, outlining the schedule, methods, and obligations for debt settlement.

find out more

Rent Repayment Agreement

A South African law-governed agreement establishing terms for repayment of rental arrears between landlord and tenant.

find out more

Payment Installment Agreement Form

A South African law-compliant agreement establishing structured payment terms for settling outstanding debt through scheduled installments.

find out more

Down Payment Agreement Form

A South African law-compliant agreement that establishes terms and conditions for down payments in purchase transactions, ensuring legal protection for all parties involved.

find out more

Debt Payment Agreement Form

A South African law-compliant agreement that formalizes debt repayment terms between creditor and debtor, including payment schedule and legal obligations.

find out more

Private Car Sale Installment Agreement

A South African law-compliant agreement for private vehicle sales with installment payment terms, incorporating national credit and consumer protection requirements.

find out more

Full And Final Payment Agreement

A South African law-governed agreement that establishes the terms for full and final settlement of a debt between parties, providing legal finality to the settlement arrangement.

find out more

Installment Agreement Form

A South African law-compliant agreement establishing terms for purchase payment through scheduled installments, regulated by the National Credit Act.

find out more

Installment Agreement

A South African law-compliant agreement establishing terms for purchase through structured installment payments, governed by the National Credit Act.

find out more

Installment Payment Agreement

A South African law-compliant agreement template for structuring debt repayment in regular installments, incorporating National Credit Act requirements.

find out more

Payment Terms Agreement

A South African law-governed agreement establishing payment terms and conditions between parties, ensuring compliance with local financial and consumer protection regulations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.