leiguverð
Leiguverð is a term used in Icelandic law to describe the compensation paid to a tenant for the use of a property. It is a crucial concept in Icelandic property law, particularly in the context of residential tenancies. The term is derived from the Icelandic words "leigu," meaning lease, and "verð," meaning value or price.
Leiguverð is determined by various factors, including the market value of the property, the location, the size
The purpose of leiguverð is to ensure that tenants have a fair and reasonable compensation for the
Leiguverð is a key component of Icelandic property law and is governed by the Icelandic Civil Code