{"id":543866,"date":"2022-02-22T03:54:45","date_gmt":"2022-02-22T03:54:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/old-rent-law-gets-greenlight-from-the-house\/"},"modified":"2022-02-22T03:54:45","modified_gmt":"2022-02-22T03:54:45","slug":"old-rent-law-gets-greenlight-from-the-house","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/old-rent-law-gets-greenlight-from-the-house\/","title":{"rendered":"Old rent law gets greenlight from the House"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>\u201cOld rent\u201d law takes another step forward:<\/strong> The House of Representatives gave preliminary approval to a draft law permitting landlords to evict organizations, government agencies, public and private companies, embassies, and other entities leasing properties under the old rent system, <a href=\"https:\/\/www.masrawy.com\/news\/news_egypt\/details\/2022\/2\/21\/2179037\/%D8%B1%D9%81%D8%B9-%D8%A7%D9%84%D8%AC%D9%84%D8%B3%D8%A9-%D8%A7%D9%84%D8%B9%D8%A7%D9%85%D8%A9-%D9%84%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D8%A8%D8%B9%D8%AF-%D8%A7%D9%84%D9%85%D9%88%D8%A7%D9%81%D9%82%D8%A9-%D8%B9%D9%84%D9%89-%D8%AA%D8%B9%D8%AF%D9%8A%D9%84%D8%A7%D8%AA-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D8%A5%D9%8A%D8%AC%D8%A7%D8%B1-%D8%A7%D9%84%D9%82%D8%AF%D9%8A%D9%85\">Masrawy<\/a> reports. The bill would come into effect within five years of its being signed into law, while tenants would pay five times their current rent \u2014 with a 15% annual rent hike \u2014 in the meantime. It would not affect individuals who rent under the old rent system. The House Housing Committee <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/64c7215d-8eaa-4ae7-95fb-9967426efe0d\">signed off<\/a> on the bill last month.<\/p>\n<p><strong>What\u2019s next for the bill: <\/strong>It will be up for a final vote in a later plenary session. If passed, it will be sent to President Abdel Fattah El Sisi to be signed into law.<\/p>\n<p><strong>WATCH THIS SPACE- A wider overhaul of the old rent system could be next. <\/strong>House Speaker Hanafy El Gebaly asked representatives to prepare suggestions for a debate on amending the old rent law that governs individuals who rent under the old rent system, <a href=\"https:\/\/bit.ly\/3sSZiIt\">Al Mal<\/a> reports. Gebaly stressed that public consultations and extensive debate would take place before the implementation of any changes that would have an impact on individual renters.<\/p>\n<p><strong>Legislators will be treading carefully: <\/strong>First introduced during our socialist interregnum, the old rent law still governs many contracts signed on a near-permanent basis eons ago. <a href=\"https:\/\/invest-gate.me\/features\/the-evolution-of-the-old-rental-law\/\">Landlords<\/a> and others have called the law unfair, as it has kept rents at remarkably low levels for some amid a wider crisis of affordable housing. Legislators have been <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/12\/house-approves-govt-proposed-amendments-on-prosecution-judicial-authorities-pensions-and-non-housing-rent\/\">reluctant<\/a> to make reforms, especially when it comes to individual renters, as any change could lead to widespread evictions of families from homes they\u2019ve lived in for decades.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cOld rent\u201d law takes another step forward: The House of Representatives gave preliminary approval to a draft law permitting landlords to evict organizations, government agencies, public and private companies, embassies, and other entities leasing properties under the old rent system, Masrawy reports. The bill would come into effect within five years of its being signed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":543867,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7344],"tags":[72,274,180,187],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-543866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-watch","tag-enterpriseam","tag-house-of-representatives","tag-legislation","tag-legislation-watch","wpautop","entry"],"acf":{"mongo_id":"dc8e1dc6-4c6c-43bb-bd43-46f34c419ee2","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/2\/316.jpg","photo_position":"above","related_issue":[543857],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Old rent law gets greenlight from the House - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/old-rent-law-gets-greenlight-from-the-house\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Old rent law gets greenlight from the House\" \/>\n<meta property=\"og:description\" content=\"\u201cOld rent\u201d law takes another step forward: The House of Representatives gave preliminary approval to a draft law permitting landlords to evict organizations, government agencies, public and private companies, embassies, and other entities leasing properties under the old rent system, Masrawy reports. The bill would come into effect within five years of its being signed [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/old-rent-law-gets-greenlight-from-the-house\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-22T03:54:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/316.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/old-rent-law-gets-greenlight-from-the-house\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/old-rent-law-gets-greenlight-from-the-house\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Old rent law gets greenlight from the House\",\"datePublished\":\"2022-02-22T03:54:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/old-rent-law-gets-greenlight-from-the-house\/\"},\"wordCount\":296,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/old-rent-law-gets-greenlight-from-the-house\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/316.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"House of Representatives\",\"legislation\",\"Legislation Watch\"],\"articleSection\":[\"LEGISLATION WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/old-rent-law-gets-greenlight-from-the-house\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/old-rent-law-gets-greenlight-from-the-house\/\",\"name\":\"Old rent law gets greenlight from the House - 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committee\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598915,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/12\/house-approves-govt-proposed-amendments-on-prosecution-judicial-authorities-pensions-and-non-housing-rent\/","url_meta":{"origin":543866,"position":5},"title":"House approves govt-proposed amendments on prosecution, judicial authorities, pensions and non-housing rent","author":"enterpriseam admin","date":"12 June 2019","format":false,"excerpt":"LEGISLATION WATCH- House approves govt-proposed amendments to administrative prosecution, judicial authorities act: Beyond the economy, the House of Representatives voted yesterday on several pieces of high-profile legislation.Changes to laws on prosecution, judicial authority: First, the general assembly voted to approve government-proposed amendments to the Administrative Prosecution Authority Act and the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=543866"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543866\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/543857"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/543867"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=543866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=543866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=543866"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=543866"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=543866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}