When leasing a property, as an owner you have several rights that must be respected and also obligations that you must fulfil. According to Law 820 of 2003, which governs housing leases in Colombia, in its chapter III – article 8 these are the rights and duties of the landlord: Landlord rights 1. Receive timely…
Category: Realtor
THE FUNCTIONS OF THE CONDO MANAGER
According to Law 675 of 2001, the administrator of a group is the representation of the legal person and is elected in the owners’ assembly. Article 51 of Chapter XI of said Law establishes that this person has the powers of execution, conservation, representation and collection, and sets forth each of their functions. In Metrocuadrado.com…
SOME CONCERNS ABOUT THE BOARD OF DIRECTORS
A member of the board of directors asks: Can the board of directors, upon the resignation of the administrator, appoint two directors as administrators, one of them with legal status, and the two accruing monies from the group? Is it an obligation that by having these contracts they must resign from the position of director? Answer. It…
RIGHTS AND DUTIES OF TENANTS AND LANDLORDS
All the information you provide must be truthful and the owner must be authorized so that he can check it if he considers it necessary. In the conclusion of an urban housing lease contract, the parties may agree to the inclusion or not of additional services, things or uses, but in no case may the…