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may 17, 1936 - Fair Rents Act

Description:

The Fair Rents Act 1936 provided for a temporary restriction on raising rents and a process
whereby a Magistrate could determine the fair rent to be paid by the tenant. The Act applied to
residential rental properties (excluded boarding situations, business premises and apartments)
For existing rental properties the rent applicable as at 1 May 1936 was deemed to be the basic
rent and the provisions of the Act restricted any increase.

Source

Added to timeline:

Date:

may 17, 1936
Now
~ 89 years ago