Addis Abeba will start registering the legal contracts between landlords and tenants after three days. The Housing Development and Management Office has announced that the registration of legal contracts for landlords and tenants in Addis Ababa will begin on June 8, 2024.
For the registration of legal contracts in Addis Abeba, landlords will have to bring a document stating that the house is theirs or that they are their legal representative. Tenants will have to bring an identity card or other document that proves their legal identity.
New Residential Rent Control and Management Decree No. 1320/2024 was approved by the parliament around 2 months ago. It has come into force. The Proclamation was prepared and approved to solve the house rent problem in the country and considering the pressure that unfair price increase has on the community’s life and the national economy as a whole.
The new decree is aimed at balancing the interests and rights of landlords and tenants in a stable, transparent and accountable manner.
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