In a context of low rental supply and high prices, due to strong demand, what tips should you take into account when renting?
In a context of rent crisiswith High prices and little offer Due to the strong demandyou have to be more careful when choosing a property to rent and be aware of the type of contract that is agreed, since, on many occasions, the current law is not complied with.
What to keep in mind when renting?
- Read the Rental Law: at the time of rent It is important to keep in mind the important points of the rule that regulates the activity, since a contract should be closed under it. At this point, the tenant know what your rights are under the law, such as, for example, that the rent update It must be every 1 year and contemplate the inflation variation measured by the National Institute of Statistics and Censuses (INDEC) and that of the wageswhich establishes the RIPTE index (the Average Taxable Remuneration of Workers).
- Contract the rental with an intervening professional: even though the rentals can be searched through platforms, it is recommended that there be a professional, since he is the one who “supervises that the property finds the papers up to date, in addition, to verify that the state in which the property is located”, highlighted Alejandro Bennazar of the Argentine Real Estate Chamber.
- Do not commit to foreign currency payments: Part of rental market turned to temporary rental in DollarsTherefore, one of the recommendations of the professionals in the field is that the tenant do not commit to paying in foreign currency.
- Have a guarantee: It is important to note that according to the rental law there are different types of guarantee as title of real estate; Bank guarantee; surety insurance; guarantee of bail or joint guarantor; either personal guarantee of the tenant: salary receipt, income certificate or any other means.
- Verify monthly expenses: the expenses and property taxes and check if the extraordinary expenses.
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Situation. Prices rose 11.3% in July and set a record for the third month.
Rentals in CABA: high demand and low supply
Because CABA has a relationship demand – notice of rentis 29% higher than the AMBA average, according to the Zonaprop Index. For this reason, it is recommended that when visiting a department or house in rent that is of interest to you, bring the sum of money necessary to mark it. Also, it is essential require proof at the time of handing over the money.
On the other hand, it is important that the tenant Consider when moving the location you will be moving to and accessibility to the neighborhood from the different areas that he frequents, such as the proximity to the workplace, studies and/or social.
Also, accessibility to public transport. It is advisable to analyze bus lines run through the area and with what points of interest they connect you, as well as the railway or subway stations. If you have a vehicle, it will be necessary to take into account the avenues, highways or routes for circulation.
Source: Ambito
