Landlords snub rent relief as third of workers default

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Share      [Source: Business Daily, by John Mutua] Majority of landlords have snubbed State calls to reduce rent for workers hit by the effects of Coronavirus, which saw a third of households fail to pay their April rent, the Treasury revealed yesterday. A national survey conducted by the Kenya National Bureau of Statistics (KNBS) on the impact…


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ISK: Rent waiver up to tenant and landlord agreements

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Share      [Source: The Standard, by Chebet Birir] The Institution of Surveyors of Kenya (ISK) has said that Kenyans who want their rent to be waived must negotiate with their landlords according to their contractual agreements. “It is our position that rent payment is a contractual obligation between a landlord and their tenant and should thus be…


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Landlords oppose tenants’ bid for total rent waiver

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Share      [Source: The Standard, by Wainaina Wambu] Property managers and real estate agents grappling with falling business want new measures put in place to enable landlords and tenants to “share the pain” to prevent massive rent defaults. This is as reduced salaries, slow business and careful spending hit the economy hard, with some property owners projecting…


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