#2023-568Law No. 2023-568 of July 7, 2023, Temporarily Maintaining a Cap on Annual Rent Index Adjustments
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This law extends the cap on changes to rent indices from 2023 to 2024. It affects landlords and tenants in France by temporarily limiting how much rent can be increased annually, providing financial relief to renters. Compliance requires landlords to adjust their rent increase calculations according to the new timeline.
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Key Changes
- Extension of rent index cap from 2023 to 2024
- Modification of timeline for rent adjustments to first quarter of 2024
- Temporary financial relief for renters due to limited rent increases
Obligations
What this law requires
Landlords must adjust their rent increase calculations according to the revised timeline for annual rent index changes, which is set to take effect from the first quarter of 2024.
Landlords must ensure that any proposed rent increases for 2024 adhere to the capped percentage reflecting the annual variation of the indices locatifs as amended by the law.
Landlords must communicate updated rent amounts to tenants, reflecting the adjusted rent increase calculations for 2024 by the end of the first quarter of that year.