The Fijian Competition and Consumer Commission has extended the rent
freeze on residential and ground rents till 31 December this year.
The extension means that between the period of 1 January to 31 December , landlords must continue to not charge rent for letting or continued letting of any premises under residential tenancy, including ground rent, in excess of the rental applicable to the same premises in 2020.
This extension is based on FCCC’s assessment of the Rent Increase Restriction on Residential and Ground Rent Order 2018 the Rent Freeze Order, which was due to expire on 31 December last year.
FCCC CEO Joel Abraham says many Fijians are currently struggling financially, with the COVID-19 pandemic having had an enormous impact on the economy, not just locally, but globally.
The rent freeze has been extended to maintain a certain level of control to ensure fair treatment of tenants.
To ensure transparency and accountability, landlords are required to keep
copies of letting or tenancy agreement and receipts for up to a maximum of 7 years.
Failure to issue agreements and receipts is an offence under the FCCC Act and appropriate actions will be taken against those landlords for breaches.