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Home»News»Kenya Landlord Association Calls for a 3 Month Rent Waiver
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Kenya Landlord Association Calls for a 3 Month Rent Waiver

myniusli_adminBy myniusli_adminApril 2, 2020Updated:April 2, 2020No Comments26 Views
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The Landlords and Tenants Association of Kenya (LATAK) has called upon landlords across the country to consider offering their tenants rent waivers for 3 months, that’s April, May and June.

According to the body, the country is staring at financial insecurities as a result of the Corona Virus pandemic. With 70% of business closing down indefinitely to avert spread of the virus, many tenants could find it hard to raise rent and still manage to put food on the table for their families.

In a press briefing held on April 1st 2020, LATAK further pleaded with the Government to order a 6 month moratorium on bank loans currently being serviced by landlords. In addition, LATAK called for an immediate and swift action as soon as possible as part of the Country’s strategy in responding to the Covid-19 crisis.

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LATAK’s welcome concerns resonate with tenants who had started growing anxious over rent payments in the coming months. Many low income earners and employees in the unorganized informal sector have so far lost their jobs and source of livelihood due to the stay at home directive by the president.

To back up LATAK’s recommendations, Nyali Member of Parliament, Mohammed Ali promised to root for the matter in parliament saying that it was important for the Government to reach a middle ground with Landlords on matters rent waiver.

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