Housing
New Tenancy Law: “I do not believe the rights and protections of tenants are being compromised”
Parliament has approved the outline of a bill to revise the urban rental regime. Key changes include removing the 2% cap on rent increases between contracts, allowing more flexibility for security deposits, and speeding up eviction procedures for lease defaults.
Why it mattersIf you are a tenant, this reform proposes significant changes to rental stability, including the potential removal of the 2% rent increase cap and faster eviction processes, though these are still subject to final parliamentary approval.
