In Colombia, the rental fee is readjusted each year, taking into account the Consumer Price Index (CPI) of the previous year, that is, In 2023, rents rise to 13.12%, which was the figure with which inflation closed in the country in 2022.
Those most affected by the increase in the value of leases, the highest in 23 years, They are the families of strata 1-2 and 3, since they are the ones that live the most in rented properties.
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In addition to the increase that is presented this year in the rent, also the citizenry having problems when managing a repair for damage or property problem.
Who answers? The tenant or the landlord?
According to Martín Monzón, CEO of the Finca Raíz portal, in the vast majority of cases it is the owner who must respond for the damages. “The exceptions are when the damage is caused by the people who are renting and it is a repair that occurs outside of normal use or normal wear and tear”, he explains.
(Also read: Tips for renting a home safely in 2023)
What to do in case of damage?
According to the expert, in case of having signed the contract with a real estate agency, the request is madeor for the entity to evaluate the problem, quote the fix and see who can fix it.
“In case of having insurance, the owner can have an insurance that can reach some coverage of these repairs depending on the policy,” Monzón points out.
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Finally, for those who signed the contract directly with the tenant, they must manage it in the same way. Therefore, to avoid problems, Monzón suggests that these types of liability agreements be communicated before signing the lease.
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