The iTaukei Land Trust Board (TLTB) has emphasized the importance of ensuring that landowners receive the revenue they are entitled to. In a recent statement, TLTB announced a 30-day grace period for tenants to settle their outstanding rent, set to conclude on November 30th.
Earlier, TLTB issued notices and reminders regarding arrears, underscoring the critical need for tenants to comply in order to maintain the validity of their lease agreements. To further support tenants in managing their debts, TLTB has engaged with commercial banks to explore financial assistance options.
The cooperation of tenants is deemed essential for timely disbursement of lease payments, which are vital for landowners who rely on this income for their livelihoods. After the grace period ends on November 30th, TLTB has indicated it may take enforcement actions or even repossess the land if tenants fail to comply.
This initiative is a crucial step towards balancing the rights of landowners with the responsibilities of tenants, ensuring that everyone involved can move forward positively.
As the deadline approaches, it is hoped that tenants will take advantage of the grace period and available support to resolve their dues, fostering a cooperative relationship that benefits both parties.
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