Rental price increase
One of the most curious topics when looking for a place to rent is price increaseHowever, in this sense, the new law also includes some changes. The most important thing is “Annual increases in income are limited to the CPI increase.” As we told you in this article, Maximum 2% increase in lease agreement reviews until the end of the year Contracts that ended before June 30 were obliged to extend the leases for another six months upon request by the tenant, unless the owner needed it as a residence for himself, his family or his spouse.
Certain criteria have been established to ensure a more transparent lease. For example, the exchange of information on security deposits between Administrations will be facilitated and the state system of rental price reference indices will be improved. This measure will enable tenants and owners to have more information about the rental market, facilitating more informed decisions.
Autonomous communities may also prepare their own indexes to exercise their authority. Here we are talking about the autonomous community’s rental assistance.
What changes are in store for tenants?
There are a few new features you should know about. For example, in this case When selling the house you rent, the new buyer must comply with your rental agreement, Regardless of whether it is registered in the Property Registry or not.
In addition, additional guarantees are only available at the time of signing the contract. Deposit equivalent to two months’ rent. Previously, there was no limit on the amount of guarantee, so malicious practices could occur.
Moreover, if you sign a lease agreement with a legal entity, the costs of property management and formalization will be borne by the landlord, and the initial expenses at the time of signing will be reduced.
Landlords: new rights
It’s not all about benefits for tenants. There is also positive news from the owners. If the tenant violates the contract, the owner may prefer the tenant. oral trial. “Therefore, it is possible to resort to oral trial procedure. Claims for amounts equal to or less than 6,000 euros“This method has lower economic costs and is more agile than ordinary testing,” it was stated on the Ministry’s website.
Likewise, the improvement and preservation of housing is also encouraged. If both parties agree, home improvements can be made in exchange for a rent increase. Of course, works need to go beyond the mandatory conservation duties that must always be undertaken by the owner.
Regarding tourist rentalThanks to this, owner-occupied communities will have greater control over these activities. With the agreement of 3/5 of the owners, they can limit or condition tourist rental, including a possible increase in the contribution to common expenses up to 20%.
Significant changes to deadlines
This new Law requires some changes to be made in the periods, just as some periods were reflected in the previous regulations. The Ministry of Transport, Mobility and Urban Agenda includes the latest information in this text on its website for housing rental.
- The mandatory extension period has been extended from 3 years to 5 years. AND If your landlord is a legal entity, this period may be up to 7 years. During this period, homeowners will be able to take back the house for themselves or their families only if it is stipulated in the contract at the time of signing.
-
conditioned An implied extension of 1 to 3 years.
-
If you’re thinking of leaving your rental, now While you have two months to give notice to your landlord, they will need to give you four months’ notice.
If you want to learn more about the New Housing Law news, you can check out the section. frequently asked questions by clicking here or inform you about it rental assistance from autonomous communities In the link below.