OWNERS OF REAL ESTATE CAN BREATHE A SIGH OF RELIEF AS A DRAUGHT LAW REGULATING RENTS WAS FILED

  • 25/03/2022

Kuwait City: In order to reduce the burden on real estate owners and avoid unnecessary litigation, the administration referred to the National Assembly a draught law amending Decree Law No. 35 of 1978 to include a new provision on real estate rental. According to the draught, "the lessor and lessee may agree to ratify the lease contract and attach it in executive form, and make it the force of the executive document to compel the late rent after warning the tenant and presenting a certificate confirming that the rent has not been deposited."

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