Dakar, Senegal (PANA) – A bill reducing rent to a reasonable proportion for both landlords and tenants in Senegal has been promulgated last Thursday by the head of State, Macky Sall.
The objective is to contribute to the well being of the Senegalese population, as outlined in the president’s speech on December 31, 2013.
Members of the national assembly as well as experts in the field discussed the feasibility and application of the new law before its promulgation.
According to a press release, the law shows, “a decrease of 29% for rents lower than 150,000 FCFA, 14% for those between 150,000 and 500,000 FCFA, and 4% for higher rents”.
Article 2 stipulates that the law “applies to all residential tenancies”.
The third and last article indicates that “any violation exposes its author to penalties under Law no. 81-21 of June 25, 1981 suppressing illegal rent increase of residential properties”.
According to the housing authority, people with lower rates are often the ones in charge of large families, and who deserve to be assisted the most.
The new rate will be effective at the end of January 2014.
Photo: Podcast Journal