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Spain's Consumer Authorities Oblige Landlords to Accept Rent Extension Requests
9 Articles
9 Articles
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…
The Ministry of Consumer Affairs sent a letter this Monday to 13 real estate and investment funds to inform them that they must extend the contracts of their tenants that expire between March 22, 2026 and December 31, 2027 and that they request it. Among all these companies they manage more than 100,000 rental housing in Spain, according to the department headed by Pablo Bustinduy in a note sent to the media.
On Monday, the Ministry of Social Rights, Consumer Affairs and Agenda 2030 sent a letter to 13 real estate companies and investment funds to inform them that they must extend the contracts of their tenants, who request it, to expire between March 22 and December 31, 2027, according to EFE. Among them, they concentrate more than 100,000 rental homes throughout the country, according to a statement from the department led by Pablo Bustinduy.
The executive pushes for extensions of leases of up to two years and demands to be implemented in 100,000 housing units, despite the lack of a majority in Congress
The royal decree by which the government froze rental prices has remained in effect since March 22nd, meaning tenants can still request an extension of their leases. Sumar, the party that pushed through this decree by pressuring the Socialist wing of the government, reminds everyone that, until the Congress of Deputies overturns it, renters can formally submit their extension requests to their landlords—a reminder they are now extending to real …
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