What is the Good Landlordship Act (‘Wet Goed Verhuurderschap’)?
The Good Landlordship Act is a new law that came into effect in the Netherlands on July 1, 2023. This law is intended to better protect tenants and ensure that landlords treat their tenants fairly.
What does the law entail?
End of Temporary Rental Contracts of 24 Months:
Previously, landlords could temporarily rent out a property for a maximum of 24 months. This is no longer allowed. From now on, landlords are generally required to offer an indefinite rental contract. This change provides tenants with greater security.
Rules for Landlords:
The law sets out clear rules that landlords must adhere to. For example, they cannot demand excessively high deposits or pressure tenants into signing a contract quickly. These rules ensure that tenants are treated fairly.
Licensing Requirement for Landlords:
In certain municipalities, landlords are now required to obtain a license to rent out their property. This enables the municipality to monitor whether landlords are complying with the regulations.
Stricter Enforcement:
Municipalities have more tools to intervene if landlords do not follow the rules. This could result in fines or even a prohibition on renting out properties further.
Why was this law introduced?
The Good Landlordship Act was introduced because many tenants felt insecure due to temporary contracts and unfair practices by some landlords. The government aims to create more stability and fairness in the rental market through this legislation.
What does this mean for tenants and landlords?
Tenants gain more security and can stay in their homes longer without fear of unexpected evictions.
Landlords are required to comply with stricter regulations and can no longer offer temporary contracts as easily. They must treat tenants fairly and adhere to the rules set by the law.