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Amendment To Tenancy Bill – No Eviction And Payment Of Rent In Installments

The proposed amendment to the Tenancy Law will stipulate that there will be no eviction for the residential and investment sectors in the event of a delay in the payment of rents during the period of the Corona crisis that will be determined by 3 months.

Informed sources said that the second proposed amendment, which constitutes an advantage for tenants in these two sectors, is the installment of rents in case some tenants are late, in installments commensurate with the tenant’s income.

The sources confirmed that these two amendments constitute an appropriate legal way out after the relevant authorities agree not to exempt or reduce the rents of the residential and investment sectors, and that the 50% reduction will apply to the rents of the industrial and commercial sectors, such as shops and offices that the state issued a decision to close when applying the total ban decision or continued to close during the ban partial.

SOURCE : ARABTIMES

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