Informative Note

Coronavirus: Rent moratoriums and suspension of agreement

13/04/2020
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On 11 March 2020, the World Health Organization declared a public health emergency of international concern (PHEIC) following the spread of SARS-CoV2 (Coronavirus) and the disease it causes, Covid-19.

A state of emergency was declared in Portugal by Decree of the President of the Republic 14-A/2020 of 18 March and was renewed by Decree of the President of the Republic 17-A/2020 of 2 April. Following such declaration, exceptional and temporary measures have been adopted in relation to the COVID-19 pandemic.

 In this context, Law 4-A/2020 of 6 April and Law 4-C/2020 of 6 April have recently been approved. These laws have an impact on lease agreements and Law 4-C/2020 of 6 April also impacts other contractual relationships involving the operation of properties for commercial purposes.

 

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PLMJ has created a multidisciplinary team dedicated to analysing the legal and operational challenges that businesses are facing. Our team’s mission is work hand-in-hand with our clients to find the best solutions to mitigate the risks and to relieve some of the pressure they are under.

We have created a Coronavirus Hub to share practical information to help mitigate the risks for companies in Portugal.

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