The Greek law provides for the possibility of a claim for reduction of the rent based on the Article 388 of the Civil Code about the unforeseen change of circumstances.
The lawyers of our firm have brought many rent reduction actions in recent years due to the great economic crisis that our country has gone through and have achieved large rent reductions for an initial period of two years which was subsequently extended. In this way many traders got a breathe and managed to recover avoiding eviction.
It must be underlined that rent reduction cannot be made retroactively but only for the future and after the action has been brought. Therefore the sooner one contacts a lawyer and brings the rent reduction claim the more benefit one will get.
It is clarified that the reduction of the rent can be sought in both residential and commercial leases.
In simple terms, as our firm’s lawyers advise, the legislature sets out the following conditions that justify a reduction in the property rent paid by the tenant: a/ a change of circumstances, on which mainly, in view of good faith and commercial morals, the parties based the conclusion of the two-way contract, b/ the change may be subsequent to the drawing up of the contract and due to reasons that were exceptional and could not have been foreseen, c/ by this change the debtor’s provision in view of the consideration also becomes excessively burdensome.
The above conditions must be met cumulatively.
It is certain that events such as the coronavirus pandemic meet these conditions and a competent lawyer will succeed either extrajudicially or judicially in obtaining an adjustment – reduction of the rent.
As mentioned, our attorneys have handled many rent reduction lawsuits due to the crisis for many establishments such as retail, restaurants, canteens and offices.
Our law firms’ experienced solicitors can seriously and professionally advise and explain to you whether and under what circumstances you can claim an adjustment – reduction of the rent you pay to avoid an eviction due to non-payment.
On the other hand, we have also represented many property owners who have faced such rent reduction – revaluation claims from their tenants and our lawyers with their expertise in property leases can advise you on this matter.