Rent, deposit and updates: rights and duties

Indicative points (FACT where cited; the deposit is ASSUMPTION - confirm): • Rent must be set in national currency (Cape Verdean escudos). • Rent updates may follow the cumulative inflation rates between the setting (or last update) and the new date, available on the INE (national statistics institute) website. • The contract is in writing, in three copies - the third goes to the tax authorities. • Advance payment of rent is permitted. • For limited-term residential contracts, the term should not be under 3 years. • Landlord conservation/works have specific rules in the RGAU. • Deposit: we did not confirm a specific statutory cap in Cape Verde - the amount and its return should be clear and in writing in the contract. (Verification required.) Cited legal basis (FACT): Law 101/VIII/2016 of 6 January (RGAU), in force since 5 February 2016, which repealed the old 1961 tenancy law. Informational summary - not legal advice. Sources: Official Gazette; Portal do Comercio (text of Law 101/VIII/2016); INE. Verification required.

This information is indicative and may be outdated. Always confirm with the competent authorities. Djarvista does not provide legal advice.