The Water Resources, Works, and Housing Ministry is finalising the Rent Bill that will make it illegal for landlords to take more than a month's advanced rent from tenants, Joy News has gathered.
According to the document which is awaiting Cabinet approval, tenants will be expected to deposit a three-month rent in the bank as security after paying a month rent.
The bill "is ready now. We have finalised it and we are working to send it to Parliament at this stage so I am hoping that in a week or two it will be submitted to Cabinet for consideration then we will bring it to Parliament,” Deputy sector Minister, Sampson Ahi told Joynews.
He revealed the decision was arrived at after exhaustive consultations with stakeholders.
He explained “It stands that nobody should pay more than a month rent advance,” adding “In fact with this we are encouraging one month with three-month security deposit.”
The minister, however, disclosed the final acceptance of the position will be taken at the Parliamentary level when the Select Committee on Works and Housing finalises the document for discussion on the floor of the House.
He was hopeful that by the time the bill becomes a law, the country will be able to put to rest the many rent-related issues in the country.
Latest Stories
-
Ford Foundation partners foster collaborative solutions for host Community Development Trusts implementation in Nigeria
7 mins -
Appiatse reconstruction: Support Bawumia to do more for Ghana – Richard Ahiagbah to Ghanaians
33 mins -
I wanted Harry Kane at Man United – Ten Hag
34 mins -
Ayorkumi: Stage play on slave trade premieres on May 11
35 mins -
Majority defends GRA-SML deal, insists no wrong was done
43 mins -
Church Of Pentecost disburses educational sponsorships worth ¢14,281,540 million
43 mins -
Money Summit: Fidelity Bank’s Atta Gyan calls for a rethink on investment strategies
58 mins -
WPL 2023/24: Battle for glory as Northern and Southern zone clubs chase playoff spots
1 hour -
Ghana’s Press Freedom Index improvement nothing to write home about – Sam George
1 hour -
Ghana Wellness and Healthcare Awards slated for June 14
1 hour -
OSP begins investigation into alleged bribery of EC staff by Kwadaso MP
1 hour -
Ghana FA laud Coach Zito with standing ovation after Dreams FC’s exploit in Africa
1 hour -
Asantehene worried over brain drain in African contemporary arts
1 hour -
Hearts of Oak legend berates current players for poor form
2 hours -
Unless EC has rules against officials receiving lunch money, nothing can be done in ‘envelope scandal’ – Prof Agyeman Duah
2 hours