Issue link: https://maltatoday.uberflip.com/i/1195815
maltatoday | SUNDAY • 22 DECEMBER 2019 21 COMMERCIAL 13 Excellent turnout at Frank Salt Real Estate's Rent Reform Information Seminars FR ANK Salt Real Estate has recently organised a num- ber of information seminars for landlords interested in finding out more about the changes in the regulations governing rentals that will come into force in January 2020. Held over a week in vari- ous venues across Malta and Gozo the seminars attracted over a thousand participants from across Malta and Gozo. The seminars were organ- ised in collaboration with Joinwell and offered attend- ees the opportunity to under- stand better how the rent re- form will effect both existing and new lease agreements, the procedure to register such contracts, as well as clarify any individual circum- stances they had. Dr Ian J Stafrace, from Sali- ba Stafrace Legal and Doug- las Salt, from Frank Salt Real Estate delivered the presenta- tions. Aimed at bringing stability to the sector, the new rent regulations include amongst other measures mandatory registration for all private rental properties, as well as minimum and maximum rental periods for long lets and short lets. The new rules also set a minimum 3-month notice for landlords to inform their tenants if the contract will be renewed or not. An an- nual rental increase capping is also being introduced. No limits have been set on rent payable, however once a lease contract has been entered in- to between the landlord and the tenant, the annual rental increases will be restricted to up to 5%. The new rent rules apply to all rental contracts signed as from January 2020. They also apply to any existing rental contracts entered into after June 1995 that are still in ef- fect in January 2021. Landlords who would like to find out more can download a concise overview from htt- ps://franksalt.com.mt/malta- rent-regulations/ or call on 2276 5000 or 7962 1984. AS part of its Corporate Social Responsibility pro- file, Malta Property Auctioneers has this Decem- ber, launched its "6 Days of Giving" programme. This initiative will see the team visit 6 different or- ganizations in Malta whose focus is on helping the homeless. "Over the years, we have successfully helped thou- sands of people find a home but we are entirely aware that there are many out there who cannot af- ford the luxury of a roof over their heads. This is our opportunity to help just some of those people in ways we normally couldn't do with our day to day work and a way for us all to recognize the hard work these organisations do to improve the lives of so many individuals", says Sarah De Cesare Dunkerley, Co-Head of Malta Property Auctioneers. Malta Property Auctioneers will be working with a number of organisations who facilitate the care and support needed for the homeless in Malta. Throughout the month of December, the com- pany will be working with Dar Tal-Providenza, the YMCA, Liedna Centre, amongst others to assist by any means possible and is encouraging the public to contribute to these foundations in any way they can. Malta Property Auctionners has made a pub- lic appeal to help however possible and is collecting donations at their offices in Ta'Xbiex, which will be distributed to the organisations during their visits. Those able to provide any non-perishable foods, blankets, children's toys and clothing in good condi- tion are encouraged to call Malta Property Auction- eers on 21 388 402 or drop off donations directly at Malta Property Auctioneers, No. 4, Giuseppe Cali Street, Ta 'Xbiex. 6 days of giving DONATIONS from Nescafé 3in1 LifeCycle Challenge 2019 are funding the annual expendi- ture for the current year of the data base programme Traccia at the Renal Unit, Mater Dei Hos- pital. This is the third consecutive year that LifeCycle is funding the data base and waiting list man- agement programme of patients active on the Kidney Transplant waiting list. Traccia is based on an algorithm subjected to sever- al requisites which is frequently updated. Blood samples are taken peri- odically from patients that are active on the kidney waiting list, along with other important information, so that the right match for the renal patient com- patible with the kidney donor is achieved. "This is an advancement in organ transplantation in Malta. Until recent years, the waiting list management was based on the patient's waiting time. Now that all dynamics are being con- sidered together with tissue typ- ing, Traccia provides the best possible match, irrelevant from the waiting time only approach," said Prof Emanuel Farrugia, Consultant and Head of the Re- nal Unit at Mater Dei Hospital. "Our Nescafé 3in1 LifeCycle Challenge is supported by the generous donations of indi- viduals, businesses and our title sponsor Nescafé 3in1. We fund the running costs of this soft- ware programme and we are grateful to learn that a number of patients have received a kid- ney transplant after their blood composition was compatible with the donated organ," said LifeCycle Founder Alan Curry. Donations to LifeCycle (Malta) Foundation can be made by Rev- olut on 99329101 via sms: 5061 7370 = €2.33; 5061 8920 = €6.99; 5061 9229 = €11.65; or via a call to 5160 2020 = €10, 5170 2005 = €15; and 5180 2006 = €25. Bank details are Swift code VALLMT- MT, IBAN number MT 18 VALL 2 2 0 1 3 0 0 0 0 0 0 0 1 4 8 1 4 5 2 1 0 1 7 , Bank name Bank of Valletta, Ac- count number 14814521017. For further information visit: www.lifecyclefoundation.com or on Fb: https://www.facebook. com/LifeCycleChallenge/ Alan Curry presents the yearly €10,000 donation to Prof Emanuel Farrugia in the presence of Nestlé Marketing and Communications Manager Alfred J. Borg (left), Renal Unit Charge Head Nurse Paul Calleja (right) and LifeCyclists LifeCycle funds the annual expenditure to run Traccia