Home News Just In : Rentals To Be Paid At End Of Lockdown Period.

Just In : Rentals To Be Paid At End Of Lockdown Period.

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Cabinet has resolved that unpaid rentals from this month will be paid in equal instalments after the declaration of the end of the lockdown period together with rentals due for suceeding months.

Posting on his twitter handle, Ministry of Information ,Publicity and Broadcasting Services Permanent Secretary Nick Mangwana said rent deferrals shall be free of any interest charges or penalties of whatever nature.

“Cabinet has resolved that there be a moratorium on both commercial and residential evictions due to applicable lease obligations due from April to end of #LockdownZim, including payment of rentals for those months.

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“Cabinet resolved that unpaid rentals from April to end of #LockdownZim be paid in equal instalments after the declaration of the end lockdown period together with rentals due for those months.

“Cabinet resolved that rent deferrals shall be free of any interest charges or penalties of whatever nature.

“Landlords and home owners who have mortgages to pay for which repayments depend on deferred rentals shall also be entitled to the same relief their tenants got in terms of deferrals,” he said.

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