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The new rental contracts: Now the owner can “do anything” but is it convenient for him? - La Nacion Propiedades
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Los nuevos contratos de alquiler: ahora el propietario puede “hacer cualquier cosa” pero ¿le conviene?
Derogada la ley de alquileres las condiciones para hacer un contrato recae en el acuerdo entre las partes; será clave que los propietarios no tomen revancha por sobre los inquilinos
www.lanacion.com.ar
February 18, 2024
Once the rental law is repealed, the conditions for making a contract fall into the agreement between the parties; It will be key that the owners do not take revenge on the tenants
By Alejandro Leveroni
The DNU that came into force on December 29 drastically changed the rental situation
Now the owner can “do anything”… But it is not convenient for him. The DNU that came into force on December 29 drastically changed the situation of the already “dramatic” rental panorama , which the horrible rental law transformed into “the perfect storm”: skyrocketing rental prices due to the flight of properties to sale, drop in sales prices due to the oversupply of properties.
Basically deregulating deadlines and indexes, the DNU poses an ideal situation for the normalization of this issue as essential as housing is for every society.
However, the owners are disoriented with so many changes (three laws in force in the same year) and the majority today is still waiting to see what happens... big mistake , this is a window of opportunity for the market itself to show recovery with clear rules.
This will demonstrate, in reality, that nothing is better than the parties to agree on the conditions of a contract. The recovery in supply will bring predictability and properties will once again be worth more due to their ability to produce an income.
The recovery in supply will bring predictability and properties will once again be worth more due to their ability to produce an income.
The prevention of “so much freedom” is that it becomes a revenge on the part of the offer for past evils and begins another horror movie for the tenants who today lack options and have to face excessive conditions.
To redirect the offer, the participation of the real estate professional will be essential , setting reasonable parameters for both parties. This will have several benefits: the first is that quickly, over the months, reasonableness returns to this fundamental activity and supply flows.
The supply of rental properties is already beginning to show growth
The second, and no less important, is that terms that are achievable by both parties are agreed upon, reducing future conflicts , which became too common with the unfair rules of the recent past.
*The author is president of Premium Group SA
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