LANDLORDS AND TENANTS ENGAGE IN LEGAL BATTLES
Disputes over rent hikes are keeping the country’s courts busy.
The current economic situation, foreign exchange rates, cost of living and inflation cause serious conflict between landlords and tenants.
After the government declared the cap on rents, most of the landlords rejected the 25 percent increase made by their tenants.
Landlords apply to court to get their rent assessed regarding to the average in the respective residential area. Although the assessment of rent prices in location is taking up two years, finding a mid way between two sides is very difficult.