Understanding the Lease Act, No. 1 of 2023 and the Protection of Occupants Bill

Property leasing is a common business and residential arrangement in Sri Lanka. The Recovery of Possession of Premises Given on Lease Act No. 1 of 2023 introduced a modern legal framework for resolving disputes between landlords and tenants. This Act allows landlords to initiate legal action to recover possession of leased premises when tenants fail