In Colombia, the rental fee is readjustedeach year, taking into account the Consumer Price Index (CPI) of the previous year, that is, this 2023 rents rise to 13.12%, which was the figure with which inflation closed in the country in 2022.
(Also read: Rents will also go up with the change of year, how much more will you have to pay?).
Those most affected by the increase in the value of leases, the highest in 23 years, are the families of strata 1-2 and 3, since they are the ones who live the most in rented properties.
«The rental market increases to 27.12 billion pesos annually and most of the rental homes are concentrated in strata 1, 2 and 3,» said Karina Reyes, president of the Federation of Real Estate Markets (Fedelonjas). .
(Of interest: Tips for renting a home safely in 2023).
Inflation in 2022 was the highest in 23 years.
Andrea Moreno. time
Reyes also clarified that leases should not be increased to 13.12%Well, that is only the maximum limit, which means that the tenant can negotiate the increase in his canon with the owner of the property so that it is less than the CPI.
In fact, Law 820 of 2003 indicates that the increase in the lease price cannot exceed «100% of the increase in the consumer price index in the immediately preceding calendar year.»
(In addition: List the: these are the services that rise 13.12% due to pocket inflation).
Of course, keep in mind that the landlord is free to readjust or not the value of the lease, therefore, it is important that the tenant maintain communication with the owner of the house or apartment and reconcile on the subject.
In addition, that same statute explains that the rental value cannot exceed 1% of the commercial value of the property or of the part of it that is on lease.
Remember that: «leases will not increase automatically in January but when the contract reaches 12 months of commitment or from the last renewal or extension», highlights the president of Fedelonjas.
(Keep reading: Why are severance interest paid in January?).
It is important to note that the lease rate readjustment does not apply to contracts signed before July 10, 2003 or to properties rented for commercial use.
ELTIEMPO.COM
