Title: New Rental Law Reforms: Key Changes Landlords Must Know in 2024
Mandatory Registration of Lease Agreements
In a move to enhance transparency in the rental market, Iranian authorities have introduced new legal requirements for landlords. Under the updated regulations, all lease agreements must now be registered in the “Kateb” system, an official digital platform designed to streamline property transactions and prevent legal violations.
Key Legal Obligations & Penalties
Landlords who fail to register their contracts or provide inaccurate information will face significant consequences, including:
- Loss of tax exemptions related to rental properties.
- Fines equivalent to 50% of the property’s rental value, payable to the government.
Additionally, leases exceeding two years must be formally notarized at official document registration offices. This step strengthens contractual obligations and helps prevent future disputes.
Impact on the Rental Market
The reforms aim to create a fairer and more regulated rental environment, reducing fraud and ensuring compliance. While the changes promote transparency, landlords—especially those unfamiliar with the new rules—are urged to stay informed to avoid penalties.
Steps for Compliance
To adapt smoothly, landlords and tenants are advised to:
- Consult trusted real estate advisors or legal experts for contract drafting and registration.
- Ensure accurate and complete information is submitted to the Kateb system.
- Stay updated on new legal amendments in the property sector.
Conclusion
These reforms reflect the government’s commitment to modernizing the rental market while protecting the rights of both landlords and tenants. Cooperation in adhering to the new rules will foster a more transparent and legally secure housing sector.
(Note: This article is based on official regulatory updates and aims to inform without bias.)