Law 12/2023, on the Right to Housing, marks an important milestone as it is the first in the country to regulate housing policy, with a direct impact on the regulation of rental prices. In the video, Elga Molina, a lawyer specialising in housing, clarifies some of the uncertainties created by the new regulations – a text she considers “essential” given the years of demand.
She shares her insights on the likely impact of the new law and gives advice on what tenants should consider when signing or renewing a lease. She also outlines the steps that should be taken if a property owner wishes to enter into a seasonal lease for what is supposed to be a primary residence.
Molina also explains how the new rent regulation works and defines the term “multiple property owner” under the law.