The Lebanese Parliament has recently approved the proposal to liberalize old non-residential rent. Nonetheless, the government refused to ratify the law, returning it to the parliament pursuant to return decree number 12835, thus asking the parliament to reconsider the law proposal. However, the State Council, and on the 4th of April 2024, issued a decision to halt the return decision. This took place in response to a review submitted by the Association of the Owners of Rented Buildings.
Public Works Studio is hereby expressing its opinion on the subject, as well as the required amendment, for fairer legislation.
A Proposed Law Acting as a Final Blow Towards Destroying What Remains of People’s Interests and the Urban Fabric
A draft law proposing the liberalization of non-residential old rent leases
The committees (the Committee of Administration and Justice on 5/7/2022 and the Committee of Finance and Budget on 21/7/2022) have completed studying the proposal for a Rent Law for non-residential units, and it ...