US EditionSpain's Consumer Authorities Oblige Landlords to Accept Rent Extension Requests
22 Articles
22 Articles
The Ministry of Social Rights, Consumption and Agenda 2030 has assured this Monday that it has sent a letter to 13 real estate companies and investment funds that manage more than 100,000 homes throughout Spain to inform them that they must extend the rents that expire between March 22, 2026 and December 31, 2027 if the tenants so request.
Government urges the real estate sector to extend contracts under a rule in force that has no legislative majority, and causes legal uncertainty
The Ministry of Social Rights, Consumption and Agenda 2030 has today notified 13 large real estate companies and investment funds, holders of some 100,000 rental housing units, that they must extend the contracts of their tenants, who request it, to expire between March 22 and December 31, 2027.Continue reading...
Despite the indignation of the real estate sector, owners and experts at what is clearly a forced interpretation of the royal decrees, the Government remains committed to implementing the mandatory extension of rental contracts until it lapses in Congress in just a few days.
Consumption Warns 13 Large Homeowners that They Will Have to Extend Rents in More than 100,000 Homes
The Executive requires funds and real estate companies to apply the mandatory extension of contracts for up to two years while the decree is still pending validation.The Government approves two separate anti-crisis decrees: one with the freezing of rents and the other with the rest of economic measures.The Ministry of Social Rights, Consumption and Agenda 2030 sent a formal communication on Monday to 13 large real estate companies and investment…
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