Acts No. 159/92, 160/92

The debate surrounding Lebanon’s “old rent” laws reflects divergent perspectives between tenants and landlords, entrenched within legislative frameworks such as Rent Acts No. 159/92 and 160/92. These laws established rent control for pre-1992 properties, maintaining rates below market values due to socioeconomic instability. Proposed amendments aim to rectify these disparities by updating rental rates while safeguarding long-term tenants. Against the backdrop of the current economic crisis and significant devaluation of the Lebanese pound akin to conditions in 1992, these discussions carry heightened significance.

The legislation is presently under parliamentary review, awaiting further study.
The time to act is now.