Rent Payments 2026: All Changes to Property Lease Agreements

What is changing in the way rent is paid from January 2026?

As of January 1, 2026, the real estate market enters a regime of full digital traceability. According to Law 5222/2025, cash payments are permanently abolished, and all rent payments (for residential or commercial properties) must be made exclusively through a bank account. This regulation aims to enhance transparency and reduce undeclared income. 💡

What are the new obligations for property owners?

Landlords are required to amend lease agreements, explicitly stating bank transfer as the sole method of payment. In addition, declaring an IBAN with the Independent Authority for Public Revenue (AADE) is mandatory, and the IBAN must belong to the property owner. In cases of co-ownership, each beneficiary must declare their own bank account in proportion to their ownership share.
Important: To secure the applicable tax deduction, rent must be fully paid by December 31 of each year.

What should tenants know about deadlines and payment receipts?

Tenants are now required to pay their rent within the first five days of each month. The only valid proof of payment is the bank transaction receipt, as handwritten receipts are no longer valid. It is important to note that delays in payment via bank transfer may be considered non-payment of rent, potentially triggering eviction proceedings. 🏡

Are there additional costs or risks under the new system?

Despite increased transparency, the new framework introduces certain challenges. Tenants bear the bank transaction fees. At the same time, property owners must remain compliant with their tax obligations, as amounts deposited into their accounts are not protected from potential tax authority seizures. Nevertheless, digital recording ensures an indisputable payment record for both parties. 💰