Can The Rent Be Adjusted Before 5 Years?

In 2020, as a response to the economic challenges arising from the COVID-19 pandemic, the government implemented measures to safeguard the rights and interests of tenants by capping the permissible increase in rental rates at 25% of the preceding rental amount.

What are the possibilities available to the lessor for increasing the rent?

In the realm of rental price adjustments, lessors have two primary legal avenues at their disposal: the "Declaratory Judgment Action for Determination of Rent" and the "Rent Adaptation Lawsuit. "

The most notable disparity between these two legal processes pertains to the requisite duration of the lease agreement. Specifically, in order to initiate a "Declaratory Judgment Action for Determination of Rent," it is imperative that the lease agreement has been continuously in effect for a minimum period of five years. In contrast, no such condition concerning the duration of the lease agreement is imposed in the context of a "Rent