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Deferral and reduction of rental payments in the view of the COVID-19 pandemic
On April 01, 2020, a new law No. 98-FL establishing peculiarities of rental payments for real estate in terms of the novel coronavirus pandemic came into force.
In case a high-alert regime or state of emergency is introduced in the territory of a federal subject of the Russian Federation, at the request of a lessee carrying out its activities in economic sectors most affected by the novel coronavirus (food service, hotel industry, etc.) a lessor is obliged to enter into addendum deferring rental payments for real estate (save for residential premises) for the year 2020 on the following conditions.
You can download the whole document in the download area below.
Deferral and reduction of rental payments in the view of the COVID-19 pandemic_BEITEN BURKHARDT.pdf