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Real Estate

14 December 2018
George Ioannou Rent control court rules on outstanding rent

Cyprus - George Z Georgiou & Associates LLC

The Nicosia Rent Control Court recently ruled on the outstanding rent of a statutory tenant. The court held that a provision for the increase of rent provided for in a tenancy agreement does not apply once the tenancy is converted into a statutory tenancy. However, by interpreting the terms of the tenancy agreement (which had been terminated in this case), the court concluded that it had not provided for an increase in rent during the first tenancy period.

Authors: George Ioannou, Alex Themis
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