SAWT BEIRUT INTERNATIONAL

| 1 October 2022, Saturday |

A call to liberalize the non-residential rental law

The dilemma of the old rent laws is a thorny issue that not only worries a large segment of citizens, but also has a direct reflection on the economic movement, collection and waste of public money. Today, there is a call to liberalize the non-residential rent law, in order to avoid the imbalance and lack of contractual rights.

To shed more light on this topic, Patrick Rizkallah, President of the Syndicate of Property Owners and Rented Buildings, joined us

Some banks have recently stopped receiving denominations of the old edition of one hundred dollars, referred to as the white denomination from merchants, so they, in turn, demanded the money changers to replace them with the blue denomination, and here the crisis began.

Further to the statement of the Association of Banks in which it confirmed its continuation to receive all categories of the hundred dollars without exception without any change in its procedures, denying its responsibility for what is going on in this regard, the Syndicate of Money Changers addressed to every company or citizen, the bank refuses to receive these categories from him, with the exception of those worn out or torn or stained, to submit a report to the concerned authorities to determine the real person responsible.

    Source:
  • Sawt Beirut International