Real State Exceptional Regime – Update

In cases where specific forms of real estate contracts for commerce and services in shopping centers are applicable, no minimum rents are due up to December 31st, 2020, being only due to the owners of the shopping center the payment of the variable rent component, calculated on the basis of the sales made by the store owner. Notwithstanding, the store owner shall continue to be responsible for the payment of all contractually agreed expenses, namely those referring common expenses/charges.

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