Lower House passes Rental Law changes, makes reform official - News Summed Up

Lower House passes Rental Law changes, makes reform official


The Chamber of Deputies approved the changes the Senate had made to a Rental Law reform bill the Lower House had passed in August, making said reform official law. The minimum duration of a lease, which the bill initially approved by the Lower House had shortened to two years, will remain at three years after the Senate rejected that provision last September. The Ley de alquileres or Rental Law currently in place was originally passed in July 2020 and put a three-year minimum on rental contracts — adding a year to the two-year period then in place. The introduction of these changes meant that it had to go back to the Chamber of Deputies for final approval. The Senate-made changes were approved by the Lower House on Wednesday with 128 votes in favor and 114 against.


Source: Bueno Aires Herald October 11, 2023 21:24 UTC



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