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Obligations and functions regarding this important leading member in one of the Assembly’s dependencies. The sections set forth in Law 675 of 2001, on which the entire horizontal property system is based. According to the provisions of Law 675, the assembly is responsible for appointing the fiscal auditor and his alternate, the members of the council and those who will […]
When renting a property, several questions arise about the fee. To answer them, we consulted the lawyer Fabián Zabala, legal advisor for Central de Arrendamientos and this is what he told us: How is the rental value calculated? According to the lawyer, this depends on market conditions. However, if we talk about housing, the law establishes that the fee may not […]
The Federation of Real Estate Exchanges (Fedelonjas) explained that homeowners in Colombia will be able to increase the rental value up to 4.09%, that is, they rise at the same rate as the inflation caused during the previous year as established in Law 820 of 2003. As stated by the president of the entity, Maria Clara Tuque, […]
The resident of an apartment asks: “When a work is scheduled in a condominium complex, is it mandatory that the instalments be defined by the coefficient, or may there be another method of payment, for example, equal instalments for all owners?”. Answer. Law 675 of 2001 establishes that the co-ownership coefficients determine the participation rate with […]
If you are thinking about the option of going to live in rent in order to become independent or organize a family, keep in mind the following disbursements that we often do not know about and that will make this step that you have just taken less cumbersome. 1. In the search process Before you […]
The Local Councils of Horizontal Property are instances of citizen participation of a consultative and advisory nature to the local administration in public policies, development plans, projects and initiatives, as well as in matters related to Horizontal Property. The election, operation and regulation of local and district horizontal property councils are governed by Resolution No. 223 of […]
It is the responsibility of the landlord to maintain the property in normal conditions for the tenant to be able to enjoy it, this implies the adequate design to conduct the water collected on the surface of the roofs by means of a technical slope that guarantees that these will not accumulate. For example, on […]
It is a fact that technology platforms have generated new business opportunities in different sectors. As for the real estate sector, people have seen in them an opportunity to promote their properties for tourism purposes. What characteristics does tourist housing have? The most important characteristics of tourist housing, according to experts Dagoberto Vaquero, legal advisor […]
Buying a home is undoubtedly one of the main goals of each person in terms of investment, but to achieve this objective, there are several factors that you must take into account when choosing both the apartment and the house, as well as the type of payment you want to make. Acquiring real estate will always be […]
The owner of an apartment comments that since she acquired the property, more than ten years ago, some cracks have been detected; later, the administration found a gap in the floor, which was intervened before changing it. As the apartment was damaged, the administration and the council hired a topographic study and verified that, indeed, the […]