Post by account_disabled on Feb 12, 2024 6:00:02 GMT
Seasonal rentals have gained prominence in the market in recent months . Many landlords, in an attempt to avoid the Housing Law, are starting to offer this alternative to tenants, which is causing a reduction in the supply of long-term rental housing and the proliferation of fraudulent rentals.
The Government has already announced the launch of a working group Chile Telemarketing Data with the real estate association Fadei and other actors in the sector to agree on a regulation of this type of rental, which is aimed at a very specific profile: tenants who need a home for a period of time. specific period of time, such as displaced students or professionals. Meanwhile, concrete proposals are coming to try to put a stop to fraudulent seasonal rentals that are causing a reduction in the supply of long-term rentals.
Antonio Carroza, president of Seguro Rental , stated during the presentation of a proposal to develop seasonal rentals that this figure "has always existed, although it has never been the subject of debate because it was intended for a specific group. But now it is growing, supply is being eliminated from the market and is causing price tension."
According to the company, a legal way to address the challenge is through the Urban Leases Law (LAU). Specifically, it proposes the "creation of an article or subsection" where this figure is developed.
"Seasonal rentals and all rentals for use other than housing are provided for in the LAU in article 2, but their regulation is very scarce and they are not developed. For this reason, from Seguro Rental we propose the creation of a new article in the LAU to develop seasonal rentals and prevent fraudulent use of them, protecting the rights of tenants and providing more transparency to the sector,” says Álvaro Crespo, head of the legal area of Rental Insurance.
According to the company specialized in leasing management, the key to this change is to differentiate seasonal rentals from traditional rentals, and for the legislator to establish essential minimum requirements, especially in reference to the circumstance that motivates the temporary rental, its duration and to the tenant's habitual residence. "Minimums that are in line with the pronouncements of the Supreme Court and the Provincial Courts on this matter," they argue from Safe Rental.
Firstly, they consider it necessary that the contract expressly detail the reason that leads to signing a rental contract of these characteristics, such as a job or study trip. "This means that those lease contracts that do not nominally specify that they are for use other than housing, that do not establish the cause of the temporality, cannot be considered as temporary lease contracts and, therefore, will be subject to the Law of Urban Leases as habitual residence," the manager warns.
The Government has already announced the launch of a working group Chile Telemarketing Data with the real estate association Fadei and other actors in the sector to agree on a regulation of this type of rental, which is aimed at a very specific profile: tenants who need a home for a period of time. specific period of time, such as displaced students or professionals. Meanwhile, concrete proposals are coming to try to put a stop to fraudulent seasonal rentals that are causing a reduction in the supply of long-term rentals.
Antonio Carroza, president of Seguro Rental , stated during the presentation of a proposal to develop seasonal rentals that this figure "has always existed, although it has never been the subject of debate because it was intended for a specific group. But now it is growing, supply is being eliminated from the market and is causing price tension."
According to the company, a legal way to address the challenge is through the Urban Leases Law (LAU). Specifically, it proposes the "creation of an article or subsection" where this figure is developed.
"Seasonal rentals and all rentals for use other than housing are provided for in the LAU in article 2, but their regulation is very scarce and they are not developed. For this reason, from Seguro Rental we propose the creation of a new article in the LAU to develop seasonal rentals and prevent fraudulent use of them, protecting the rights of tenants and providing more transparency to the sector,” says Álvaro Crespo, head of the legal area of Rental Insurance.
According to the company specialized in leasing management, the key to this change is to differentiate seasonal rentals from traditional rentals, and for the legislator to establish essential minimum requirements, especially in reference to the circumstance that motivates the temporary rental, its duration and to the tenant's habitual residence. "Minimums that are in line with the pronouncements of the Supreme Court and the Provincial Courts on this matter," they argue from Safe Rental.
Firstly, they consider it necessary that the contract expressly detail the reason that leads to signing a rental contract of these characteristics, such as a job or study trip. "This means that those lease contracts that do not nominally specify that they are for use other than housing, that do not establish the cause of the temporality, cannot be considered as temporary lease contracts and, therefore, will be subject to the Law of Urban Leases as habitual residence," the manager warns.