Spain Publishes Second Housing Decree Governing Indefinite Extension of Tenancy Agreements
7 Articles
7 Articles
The two texts were approved in the same Council of Ministers, but the one published this Thursday replaces a reform that appeared just 24 hours earlier and needs additional rules to make both rules fit
The text published today by the BOE reflects the forced extension in the contracts with the obligation of the owners to compensate the tenants with a minimum of twelve months of rent if they do not renew them. Read
The regulations reinforce the rights of tenants by extending the duration of the contracts and setting economic compensations of up to one year of rent in the event of unilateral termination by the landlord
The regulation strengthens the rights of tenants by extending the duration of contracts and fixing financial compensation of up to one year of rent in the event of unilateral termination by the lessor
It is the second decree approved by the Council of Ministers within the housing package.The norm will enter into force this Friday, a day after its publication in the Official State Gazette.Latorre, on the housing decree: "A propaganda saviour against the pillars of legal security"The two-year extension for rental contracts: who can ask for it and when can the owner refuse it
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