The 1995/1996 Household Income, Expenditure - (PDF, 101 mb ...

Figure VI. 1 A Synopsis of Egyptian Housing Laws
Law No. 46 of 1962
• fixed annual rents at 5 % of the cost of the land plus 8% of the cost of
construction;
• rents were frozen and any Egyptian who occupied a sole property
continuously for three years or more could not be evicted;
• tenancy rights transferred to children in perpetuity.
Law No. 52 of 1969
• limited the annual net return on investment of a landlord's property to 5 %
of the value of the land and construction.
Law No. 49 of 1977
• annual net return limited to 7% of the value of the land and construction.
Law No. 136 of 1981
• incorporated the previous fixed 7% rate-of-return provision;
• building owners were required to provide at least two-thirds of their
apartment properties to prospective renters.
Law No. 4 of 1996
• amends Laws No. 49 of 1977 and No. 136 of 1981 (and similar). Rent
control will no longer apply to dwellings not previously leased, and places
with expired or expiring leases (i.e., vacant dwellings).
Law No.6 of 1997
• the right of lease for premises used for non-residential purposes
("commercial, industrial, trade or vocational activity") shall terminate upon
the death or departure of the first generation of beneficiary heir of the
original leasee;
• stipulates the graduated highest legal rent for non-residential leases as:
Eight times the present legal rent for premises established before
January 1944;
Five times the rent for dwellings built from Jan 1944 - Nov 1961;
Four times the rent for dwellings built from Nov 1961 - Oct 1973;
Three times the rent for dwellings built from Oct 1973 - Sept 1977;
1.10 times the rent for dwellings built from Sept 1977 - 30 Jan 1996.
• fixes the annual rental increase at 10% per year for all such dwellings.