Final fee comes from 1 October payment of rent in cash and will now be implemented exclusively through the banking system.
The implementation of the arrangement was originally scheduled for April 1st, but the Ministry of National Economy and Finance gave a six-month extension to complete the necessary technical adjustments and the interconnection of the systems with the new Property and Property Management Register (IDD) of ADE.
The bank evidence will now be the only evidence of repayment of the rent, while Cash payments will not be recognised as legal repayment.
Renters should declare the bank account (IBAN) To which payments will be made rents through procedures provided for by the ADE. At the same time, the account should be in the name of the owner, while in the case of a joint account the tenant should appear as the first beneficiary. In cases of co-ownership a declaration of the respective accounts for each co-owner shall be provided.
What applies to offenders
On cases that do not comply with the law, for owners a loss of tax benefits is foreseen, such as the 5% discount on rent income, if it is not shown that rents were paid through a banking system.
Renters who do not make payments electronically may lose rights related to State aid or refunds requiring the electronic recording of the transaction.
