Tenancy Builders will have to produce
Source:
THE UNIVERSAL WEAPONS
MayThe
Saturday March 5, 2011 12:00 AM
The proposed Law for the Regulation and Control of Housing Leases, filed in the National Assembly, requires the construction companies that are making new housing developments to direct a portion of the rental housing.
The project, developed by the organizations that bring together tenants, includes a chapter for the construction and there states that "in order to encourage private participation, the construction of more than five buildings should allocate at least 25% of these housing units to lease. " Before
compulsory under the text, when scheduling construction residential developments will also have to apply for permits to Tenancy Management to implement the projects.
Article 75 of the proposal states that "companies must start before the construction project, notify the Tenancy Management and Housing Ministry the number of solutions to build and determine the time construction. It is expressly provided without the endorsement letter from the National Tenancy not be able to begin the work. "
addition, the Directorate of Tenancy have the power to appoint the property to be leased in housing developments.
According to the text, companies must provide information on construction costs for the purposes of determining compensation for leasing housing units to be rented. "To this end, the rental price shall be the result of the construction cost."
The project indicates that companies that make rental housing will have exemptions in the payment of income tax.
This reform proposal Leasing Act creates more controls to the construction sector. And the Law on Land and Housing Emergency establishes regulations, as this text indicates that the State will be responsible for establishing the guidelines for private investment in housing and also set the parameters for determining the structure of project costs and prices per square meter of construction.
Preference
The proposal is in the hands of Parliament, states that those tenants who are evicted final decision should be placed in homes that have been selected by the Tenancy address for rent.
According to the text, "these tenants have a right of preference over any other. "
The provisions states that all people with housing needs and are able to cancel a monthly rental fee, must register with the Tenancy Management , "because it is the only body responsible for allocating property".
This proposal will be reviewed by a special commission appointed by the President of the Assembly, Fernando Soto.
