Page 17 - Issue 71

VOL.1 , ISSUE 71OL.1 , ISSUE 71
V ELITE

Add a little bit of body text Add a little bit of body text

The old rent law has been effectively implemented Serious damage to the leased property or its use in a
in Egypt since 1977, with the issuance of Law No. manner contrary to the law or morals (if the tenant
49 of 1977 regulating the relationship between is proven dead and none of the heirs reside in the
landlords and tenants. Law No. 136 of 1981 was apartment), etc.
later adopted, which is considered the primary While the new rental law is based on the principle
reference for regulating old rents in both residential of mutual consent between the two parties, it also
and non-residential properties. has the following features:
The difference between the old and new rent laws is Freedom of contract: The landlord and tenant have
that the old rent law was considered to protect the right to agree on the term and terms of the
tenants from arbitrary eviction and price increases. contract without prior restrictions.
It has the following features: Determining the rental value by mutual consent:
The right to permanent residence: The tenant The rent is determined according to market value,
enjoys the right to reside for life, and his heirs have with the possibility of negotiation upon renewal.
the right to extend the right. Termination of the contract upon expiration of the
A low and fixed rental value: The rent does not term: If renewal is not completed, the full right to
reflect market value and remains fixed for many dispose of the property reverts to the landlord.
years. This was an overview of the nature of the old rental
Restrictions on the landlord: The landlord cannot system and the new rental system.
amend the rent or terminate the contract except in
cases specifically defined by law, such as if it is
proven that the tenant has left the property unused
for a long period or permanently abandoned it;
changing the activity agreed upon in the contract,
such as converting the residence to a commercial
activity without the landlord's consent; or failing to
pay rent for a continuous period despite official
notice.

18