Row over rental arrears

29 Jan, 2019 - 16:01 0 Views
Row over rental arrears


29 January 2019

Property agent, Industrial and Farming Development, has taken one of its tenants Balock Trading to court over rental arrears and overdue electricity bill.

The matter was heard before Harare magistrate Tilda Mazhande.

The company is claiming $9 302, 45 for rentals and electricity with a five percent interest per annum for a contract that ended in June 2018.

According to the applicant represented by its managing director Maxwell Matsvimbo, he entered into lease agreement with 1st defendant Balock Trading before in 2010.

He told the court that he also cited the company’s managing director Philip Bapiro as second defendant after he gave surety that if the agreement was breached he would personally settle any debt.

According to the agreement Balock Trading was supposed to pay $3 500 as rent each month and they would also pay electricity bills separately.

Balock was also to pay $491 per month as insurance fee due to the nature of their business.

It is alleged that from February, 2014 to February 2018 Balock Trading deliberately blocked the Zesa meter to avoid a reading.

As a result, they accrued 14 296 units valued at $2 021,52 and from March 2018 to May 31st, 2018 again consumed 1 817 units amounting to $256.

The total electricity bill is placed at $2 278,45.

The plaintiff is also claiming late payment of rentals which according to the lease were supposed to be paid on or before the first of each month.

Matsvimbo claimed that Balock Trading who were now operating as Leger Paints failed to pay rentals on time between January 2018 and June 2018.

According to the lease, a fine of $700 over the six months’ period is owed to the property agent.

The respondent is also being accused of stopping paying its insurance policy of $491 with Old Mutual during the same period.

The matter is expected back in court for continuation on January 31 when the defendant will cross examine the evidence.

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