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Deferral and reduction of rental payments in the view of the COVID-19 pandemic

On April 01, 2020, a new law No. 98-FL establishing peculiarities of rental payments for real estate in terms of the novel coronavirus pandemic came into force.

In case a high-alert regime or state of emergency is introduced in the territory of a federal subject of the Russian Federation, at the request of a lessee carrying out its activities in economic sectors most affected by the novel coronavirus (food service, hotel industry, etc.) a lessor is obliged to enter into addendum deferring rental payments for real estate (save for residential premises) for the year 2020 on the following conditions.

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Deferral and reduction of rental payments in the view of the COVID-19 pandemic_BEITEN BURKHARDT.pdf

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