Bagon Investment Holdings (Pty) Ltd v Hadar and Others (2024/059610)
Bagon Investment Holdings (Pty) Ltd v Hadar and Others (2024/059610) [2025] ZAGPPHC 302 (7 March 2025)
The court found that the lease agreement was not validly renewed in terms of clause 5.2. The respondents' email constituted an invitation to negotiate rather than a formal exercise of the renewal option, and did not comply with the procedural requirements, including delivery to the domicilium address. The handwritten amendment to clause 5.1 did not alter the renewal period in clause 5.2, which remained one year and was not amended. The respondents failed to prosecute a counterapplication for rectification and did not provide sufficient evidence of a common intention to renew for three years.…
Source excerpt
- Commercial Lease Termination
- Renewal Of Lease
- Rectification Of Contract
- Eviction Proceedings