Rent control

Rent Act – 1963 (Act 220) Sections 11-15

Section – 11 – Ministers’s Reference To Magistrate To Assess Recoverable Rent. The Minister may refer, in accordance with such regulations as may be made in that behalf, to the appropriate Rent Magistrate, to assess the amount of the recoverable rent of any premises. Section – 12 – Appeal For Variation Of Recoverable Rent Assessed By Appropriate Rent Officers. (1)...

Rent Act – 1963 (Act 220) Sections 6-10

Section – 6 – Functions Of Rent Magistrate. (1) The appropriate Rent Magistrate may discharge all, or any of the, following functions:-(a) may by order, on an appeal by any landlord, tenant or person interested in the premises, that he is dissatisfied with the amount of the recoverable rent of such premises as assessed by the appropriate Rent Officer, vary such amount;(b) may by order,...

Rent Act – 1963 (Act 220) Sections 2-5

Section – 2 – Rent Commissioner. There may be appointed for the purposes of this Act a Rent Commissioner, who shall subject to the general or special directions of the Minister, be charged with the responsibility of the general administration of the Act. Section – 3 – Officers. (1) There shall be appointed for the purposes of this Act-(a) a Chief Rent Officer for...

On the Folly of Rent Control, What Can Ghana Learn From The USA

In 1994, Massachusetts voters approved Question 9, a ballot initiative that banned rent control statewide. It was a vote in favor of economic fairness and basic property rights, and it established a consensus that has stood for 25 years: Rents should be regulated by supply and demand, not by politicians. For years, heavy-handed rules governing what landlords could charge for their property had wreaked...

Who Determines Rent Price: Landlord, Tenant or Rent Control?

The importance of housing cannot be overemphasized. With socio-economic benefits attributed to individuals and a country as a whole, housing has become an integral component for many developed economies. In Ghana, demand is one of the leading price determinants of the search of a house. Accra can be recorded as one of the highest demand of the search of a house. With this most land owners had started...

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