Just to continue on the topic of occupational rent posted on your website, please could I have some clarity on my situation regarding occupational rent?
I purchased property late last year on condition that there will be no occupational rent payable until my registration and transfer, and this was stipulated in my signed offer to purchase.
Now that it’s taking longer than expected to register this property due to an insolvent estate and not my doing, the sellers are now requesting occupational rent from me.
This property has still not been registered!
Am I required to pay this amount now or is our contract binding?
Please could you give me some guidance, it would be greatly appreciated.
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