new rent Law no. (4) for the year 1996 In subsequent years of the Revolution of July 26 the rent price stabilized as a form of direct control over the prices and redistribute of wealth, but it the situation started to reflect between the years 96 / 97, where the State introduced amendments to the rent laws and reducing the duration of the contracts to a limited duration and made it in depending on the agreement between the landlord and tenant to open the chances of re - negotiate the value of the rent, some have argued that this is a step in the direction of overall liberalization and from the economic point of view, after the number of unoccupied housing in 2008 reached more than a million houses in Cairo only, where many prefer to keep there unit unoccupied, rather than face the problems with tenants who refuse to leave the housing unit, so the Government enacted the new rent law to be a step in the reform of the relationship between landlord and tenant so as to provide an adequate compensation to property owners encouraging them to offer their units for rent and make maintenance work necessary to maintain the buildings and, if this goal was achieved, according to the law of the market, the level of rent will be determined when there is a balance between supply and demand, thereby yielding adequate returns to owners and not dirt cheap, as well as appropriate for the tenants and not very high but that law is still in need of further reforms in order to achieve its purpose to take into account the economic and social side. This is because despite the enactment of this law, but more than 60% of Egyptians still ruled the old rent law, which imposes strict price for the benefit of the tenant and which result in poor service maintenance of old buildings and disadvantages of the old rent laws is the deterioration of the buildings for its low rent, which led to neglect building maintenance and the impact of the architectural style of buildings, but in the social terms the majority of Egyptian people especially low-income rentals thought that the Law No. 4 of 1996, known as the new rents will be a blessing as it will provide more housing units to resolve the crisis, rental housing and appropriate, but later discovered that it had applied curse. The aim of the enactment of this law solve the housing problem by encouraging the rich to invest their money in construction of houses has become one imagines that this law miraculously will reform with the magic wand to increase the rich richer and the emergence of apartment seekers to impose harsh conditions on them. This law was very unfortunate that the cause of the reluctance of young people from marriage to complete their religion and injuring hundreds of thousands of Spinster girls, and the reason is that the owners are imposing colossal rents that unable any youth for his performance. Also exploited by owners of old properties, which was established under the laws of rent prior to this law to raise housing units rent exponentially along with imposing of the preparatory under payment, and it is a large amount of money requested by the lessor at the beginning of the contract consisted of several thousands of pounds, and its is enough that the Rent Act named as the new one was the reason for raising the prices of everything in Egypt, particularly the prices of food commodities and non-food. This law has given to the property owners the right to impose their conditions on tenants without supervision or control and to do whatever they want done to achieve their personal interests. The rents in accordance with this burdened law in an insane way so the rents of residential units modest even in the popular districts of not less than several hundred pounds may be more than a thousand pounds in an upscale neighborhood with thousands of pounds in addition to that the owners ask for several thousands of pounds as an under payment or advanced rent payment. And it didn’t stop at this point, but that the problems of the new rent law also is that the rent period would not be over the lease term of 5 years, which is injuring to the stability of families and affording them the problem of search in for other alternative house in addition to the transfer of furniture which is subject to damage by the removal and installation, it is true that the owner is entitled to take advantage of his personal property but not the ugly exploitation of its inhabitants. I wish to reconsider this law either to rescind it completely or amends the texts to achieve a balance between the right of the tenant and the landlord and canceling the text, which sets a maximum rental period of five years. I also call on the need to return to a system of committees set rents to achieve full justice to the landlord and tenant.
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