There are less and less old rental flats that can be found within the Spanish territory. However, the law from the late 50s that tried to allow access to affordable housing for the most disadvantaged was so extensive that, today, there are still 200,000 of these homes left in our country. But in such situations, do the owners have the opportunity to unilaterally terminate the rental contract that links them to the landlord without harming the relevant rights of the tenants of the old rent? Here we will try to answer this question.
Some background information about old rental flats
The first thing that must be done, before explaining the opportunities to terminate the contract that the owners of rented houses have for old rents, is to briefly expose the antecedents of the facts that occur at present to understand them better. In particular, these rentals started from the end of the 50s in the 20th century, at which time the Franco government launched a series of initiatives to promote access to housing for the disadvantaged families.
Several years later, these initiatives were reflected in the Consolidated Text of the Urban Leases Act of 1964, which was in force until 1985. This regulation reflected the right of tenants who had the right to extend their occupancy's duration. This means the term of the rental contract was not limited to just 5 years as it could be extended for a longer period. In addition, the contract not only transgressed the death or retirement of the owner, but also his transfer, on two occasions, to descendants or ascendants. What's more, the rental amount could only be modified in very small percentages.