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People Urged To Review Landlord & Tenant Bill The Consumer Affairs Board is urging people to review the Landlord and Tenant Act 2025 Consultation Draft Bill. A spokesperson said, “The Consumer Affairs Board encourages all residents — landlords, tenants, and the general public — to review and provide feedback on the Landlord and Tenant Act 2025 Consultation Draft Bill, released by the Ministry of Home Affairs on October 6th, 2025. “The new legislation is intended to update current residential tenancy laws and introduce measures addressing housing concerns. “The draft bill introduces several significant changes that will affect tenancy agreements. These include a cap on the maximum security deposit a landlord can request, setting it at three months’ rent. The bill also formally establishes a five-business-day grace period for rent payments. Following this period, landlords may be permitted to apply a daily late fee, capped at 5% of the monthly rent for rentals under $60,000 per year. Additionally, the legislation calls for the creation of a new Landlord and Tenant Tribunal to handle disputes and complaints, including new provisions that allow tenants to apply to the Tribunal to recover costs for necessary repairs. “It is essential that both landlords and tenants understand the details of the proposed legislation and submit their feedback. The public consultation for the Landlord and Tenant Act 2025 Draft Bill will close on October 31, 2025. “The full text of the draft bill is available on the Government of Bermuda’s website: https://forum.gov.bm/. All comments, questions, and suggestions regarding the draft bill should be directed to the Ministry of Home Affairs. The Consumer Affairs Board urges all affected parties to review the document and ensure their voice is heard before the deadline.” The Landlord and Tenant Act 2025 – Consultation Draft Bill follows below [PDF here]: Category: All, Business, News
