Rentals: Evictions Suspended in Panama

The Assembly approved in third reading a bill that suspends for a 120-day period all launches and evictions of private real estate intended for housing, commercial establishments, professional use, industrial and educational activities.

Tuesday, April 21, 2020

The plenary session of the National Assembly, supporting the state of emergency as a result of the effects generated by the infectious disease covid-19, approved in the third debate the draft law 299, by which measures on the leasing of real estate are dictated, informed the institution.

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The approved project establishes that the debt accumulated by such suspension will be prorated to twenty-four months, once the state of national health emergency is over.

The text of the law argues that the economic paralysis of certain sectors of the country will cause many tenants of private real estate intended for housing use and others, are unable to pay their obligations, resulting from the suspension of their source of income or dismissal.

The document concludes that "... Therefore, actions such as forced or arbitrary eviction, harassment or other threats, must be protected to the tenants at this time when they are in a state of national emergency, by the Covid-19."

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Arguing that the dynamic evolution of covid-19 has changed the socio-economic conditions of the population, a decree was issued to modify the rule that suspends evictions and launches, for the duration of the health emergency.

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