The Government of Antigua and Barbuda has initiated a significant legislative reform in its property sector, with Attorney General Sir Steadroy Benjamin announcing the impending repeal of the longstanding Rent Restriction Act. This decisive action follows a recent public consultation in St. John’s, where property owners voiced substantial concerns regarding the current regulatory framework, which they deem antiquated and inadequate for the modern rental market.
The Attorney General confirmed that the outdated act will be superseded by a comprehensive new Landlord and Tenant Act, designed to address contemporary challenges and foster a more balanced and equitable relationship between property owners and renters. This initiative is a cornerstone of the government’s broader strategy to improve housing standards and overall property conditions within the capital city. The move is expected to modernize the legal landscape, providing clearer guidelines and protections for all parties involved in the rental process, thereby stimulating investment and ensuring better maintenance of rental properties.