- Real Estate, Renting and Co-ownership
- housing for students , rental agreement , rental guarantee , main residence , provide proof of student status , residential rental contract , law firm in Belgium , law firm in Brussels
News
The Walloon Government adopted recently a decree amending the decree on the residential rental contracts.
The modifications aim to improve the conditions of student rentals and the rental guarantees.
In the context of student rental agreements, the decree provides in particularÂ
- to set the rental guarantee required from a student at a maximum of 2 months' rent;
- to no longer punish the failure to provide proof of the student status by automatically applying the common law regime;
- that the rental agreement will end, at the end of the term, without the need to give notice.
In the context of rental agreements for the main residence, the decree also provides that all rental guarantees will be increased to two months' rent, regardless of the form in which the guarantee is given, but without reducing the repayment period for the bank and the CPAS-OCMW guarantees (36 months).
The decree is scheduled to come into force on 1 June 2023. It has yet to be published in the Belgian Official Gazette.
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Ulrike Beuselinck
Partner - Mediator
Tracy Enta
Counsel
