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Rent Law

Understanding Sri Lanka’s New Lease Act: What It Means for Tenants and Landlords

New Lease Act in Sri Lanka: What Tenants and Landlords Should Know

Sri Lanka has recently updated its property leasing laws with the introduction of the Recovery of Possession of Premises Given on Lease Act No. 11 of 2023. This new legislation, effective in 2023, aims to modernize and streamline the property leasing process, specifically addressing challenges in recovering leased premises. This blog article explores the key aspects of the new Lease Act, its impact on...