A new law on commercial lease agreements (the “Law”) was adopted on 17 January 2018 by the Chamber of Deputies. The Law takes effect on 1 March 2018 and will apply to any commercial lease agreements, excluding office leases and leases of less than one year.
The Law amends the commercial lease regime by modifying articles 1762-3 to 1762-8 of the Luxembourg Civil Code and adding articles 1762-9 to 1762-13.
The key differences between the former and new legislation, which mainly concern reinforcing tenants’ rights, are illustrated in the table below.
Click here to view the table.