GLOBOVISION — Reporte estelar
20260806 003000 UTC
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[00:00:00] what people who know, what experts in the
[00:00:03] field are proposing, what needs to be done
[00:00:06] to definitively recover and revitalize all
[00:00:08] production, well, there are still challenges, well, they are very
[00:00:12] important challenges, no, what
[00:00:15] or generated. Regarding the issue of is being proposed, no, and in some way our guests have pointed it out,
[00:00:18] this related especially to the financing of
[00:00:22] Fospuca is not what infrastructure
[00:00:24] we take, but what also the production costs, to consolidate sustainable
[00:00:27] growth it would be necess
[00:00:30] to continue promoting investments which is fundamental,
[00:00:34] strengthen agricultural policies which is another important angle and
[00:00:37] promote the use of technologies that
[00:00:42] the point of view of the allow increasing the productivity of the sector, this is
[00:00:44] among many efforts that need to be made to fully
[00:00:47] recover the weight that agribusiness has had in the
[00:00:51] Venezuelan economy historically and that is the key, that is the
[00:01:09] no, and even more so at this time with
[00:02:11] Hello, happy night, as always, it is a
[00:02:14] a house, these that are called the people's houses in pleasure to be with all of you from this moment on behalf of the team that accompanies me,
[00:02:16] thank you very much for allowing us to enter your homes, well today we are going to talk
[00:02:20] about leasing, housing rental,
[00:02:24] because in the National Assembly the
[00:02:27] law of eh, of
[00:02:31] housing rental has just been reformed, there is
[00:02:33] presented are currently a new rental law and well it is
[00:02:36] completely different from the one that
[00:02:39] already existed in our country
[00:02:42] in this law some of the things that were changed in this
[00:02:46] new rental law, well, of course it regulates housing
[00:02:50] the property that they will now put on the market in the law, in rental contracts,
[00:02:52] establish, look, we are going to it allows free agreements between the parties, it seeks to stimulate the real
[00:02:55] estate market after the recent earthquakes
[00:02:58] that eh... affected Venezuela last June 24 and the standard
[00:03:02] consists of 27 articles approved by the
[00:03:06] National Assembly and approves and also approves setting the
[00:03:09] rental fee in foreign currency
[00:03:12] equivalent to the daily rate of the
[00:03:16] Central Bank of Venezuela. Report on rentals in our tag
[00:03:19] such as the adjustment of the rent with tonight, start sending us your comments
[00:03:22] @reporte.Gv@delvalle Canelo. To talk about the topic, our
[00:03:26] guest tonight is the deputy. Deputy, we hadn't had him
[00:03:35] here for a long time, invitation
[00:03:38] from the valley, it's always a pleasure, well, a new
[00:03:42] law that was approved
[00:03:45] practically in record time,
[00:03:48] 27 articles where
[00:03:52] it is established what will be, from that law, the
[00:03:55] new modality that will be implemented for the rental
[00:03:58] of housing and above all that at this moment
[00:04:02] it is much needed because of all the
[00:04:06] number of people who were left homeless
[00:04:09] after June 24, welcome, thank you very much, Del Valle, well, in
[00:04:13] principle, rentals in the world have always
[00:04:17] worked to stimulate, for example, the beginning of youth
[00:04:20] being able to access decent housing in a first
[00:04:24] stage of life while preparing to be able to enter a second stage, which is what
[00:04:27] they call mortgages, to be able to access
[00:04:30] if you don't have property. In Venezuela, unfortunately,
[00:04:33] we reached a point where property, which is a constitutional
[00:04:36] issue, was somehow
[00:04:39] put into question and that caused
[00:04:43] many owners to be afraid to put their
[00:04:47] properties
[00:04:50] create policies for the into the real estate market for housing, that is, people rented as
[00:04:52] commercial premises, as offices or as industries, but for housing
[00:04:56] there were some regulations that controlled
[00:05:00] the issue of compliance with those contracts and the possibility that when a
[00:05:04] tenant did not comply with the contract, they could not be
[00:05:07] evicted and that to be evicted the process was so
[00:05:10] long.
[00:05:12] and with so much state intervention that it made many owners
[00:05:16] see private property at risk,
[00:05:19] this difficult situation that we have
[00:05:23] experienced after the earthquake has led to a great
[00:05:26] national consensus, that the chambers have finally been heard,
[00:05:30] for example, the chambers that have to do with real estate, eh, the
[00:05:34] brokers, the users who are also looking for
[00:05:37] alternatives to be able to live, that are not necessarily the purchase
[00:05:41] of a property where you need to give 100 or 200,000 dollars,
[00:05:44] so this has opened up a set of laws that were on the
[00:05:48] national agenda but had not been fully put on the table, this crisis
[00:05:52] has put them there, the housing rental law, the
[00:05:55] law against real estate fraud that also scared away
[00:05:59] a lot of private investment eh for the development of
[00:06:02] new housing complexes, especially aimed at the middle
[00:06:05] class sector, the debtor mortgage law that made
[00:06:09] the banking sector also scared and
[00:06:12] not stimulated financial
[00:06:16] mortgage credit, why? because it was unviable from an
[00:06:19] economic point of view for the banking sector to sustain a social
[00:06:23] responsibility with which there is no capacity from a technical
[00:06:27] economic point of view. So there are a set of laws, Del Valle,
[00:06:31] this has been the first, in this law very interesting things are
[00:06:34] proposed, but above all the most important thing is that this
[00:06:38] law eh proposes legal security and
[00:06:41] trust for the owner and for the
[00:06:44] tenant, so that the agreement between the
[00:06:47] parties eh brings things so
[00:06:50] novel for Venezuela such as, for example,
[00:06:53] private arbitration or
[00:06:57] commercial arbitration, that is something that works anywhere in the world, here it was
[00:07:00] suppressed because that was only eh eh only
[00:07:04] allowed or only eh the jurisdiction was attributed to
[00:07:08] the courts of the republic, today in an agreement between the
[00:07:11] owner. and the tenant they can be eh
[00:07:15] in agreement that any conflict be resolved through
[00:07:19] private arbitration through clear conditions that
[00:07:23] allow both parties to have the peace of mind that if
[00:07:27] the tenant for some reason stopped paying or stopped complying
[00:07:31] with their obligations during the 2 months that
[00:07:34] the law establishes, then the owner can
[00:07:37] resolve the contract, that is to do what they call
[00:07:40] the resolution of the contract. early due to
[00:07:44] breach eh, there is a number, only two months will
[00:07:47] be enough for non-compliance with the contract of delay, it will
[00:07:51] be enough for the contract to be terminated,
[00:07:55] oh that's right, only two months, but also for
[00:07:58] example there are new topics such as the clarification of public
[00:08:02] services, who will pay for public services, public
[00:08:05] services are generally paid by the user, it would be the tenant in this
[00:08:09] case, who is also obliged to keep up to date.
[00:08:12] public services, the use and destination given to the
[00:08:16] property, which must be an appropriate destination,
[00:08:20] in accordance with morality, with good
[00:08:23] customs, with the development of lawful activities,
[00:08:26] so all these are issues that were not on the table, the
[00:08:30] condominium, who will have to pay for it, the condominium, that is an agreement that can be
[00:08:33] made between the parties, but the condominium is something that should, eh, Del
[00:08:37] Valle, be assumed by the owner, why, because condominiums
[00:08:40] are regulated by a law, which is the horizontal property
[00:08:43] law, so that law makes the
[00:08:46] owner guarantee that to maintain
[00:08:50] the property stable, because the problem we have today, Del Valle, is that there are
[00:08:54] approximately between 30 and 35% of horizontal
[00:08:57] properties in buildings vacant and
[00:09:00] there are properties that people are afraid to rent
[00:09:04] because of the risk of losing the property, today with this new
[00:09:07] law that stabilizes that situation,
[00:09:11] that market is opening up. that it is an option for young people, for people who
[00:09:14] have currently lost their homes due to the tragedy, even the state has
[00:09:18] proposed the possibility of subsidizing some
[00:09:21] rentals, eh, deputy, let's take a break and come back and continue talking about this law because
[00:09:25] it is striking that a free
[00:09:28] agreement was established that would allow setting the cost of the rental by mutual agreement between
[00:09:32] the owner and the tenant, eh, this is very
[00:09:35] striking because when we are coming out of the earthquake that
[00:09:38] affected, of the earthquakes that affected Venezuela, many people
[00:09:42] eh... thought that possibly it could be
[00:09:44] intervened, as in the past, setting a rental
[00:09:48] fee as a ceiling, so we will
[00:09:52] talk about that when we return, let's take a break and continue talking with Deputy
[00:09:55] Feliz F, we'll be right back.
[00:10:32] Thundernet, the most economical mega
[00:10:35] on the market, invites you to
[00:10:38] watch First Page,
[00:12:08] We are back tonight on Reporte Estelar, we are talking about
[00:12:11] rentals, there is a new rental law that has already been
[00:12:14] approved by the National Assembly, the sanction by the
[00:12:18] executive is pending, "reporte alquileres" is
[00:12:21] our tag tonight @reporte.GB@
[00:12:25] We are talking with Deputy Félix Freite. Deputy,
[00:12:29] well, before we went to the break I told you that it was very striking
[00:12:33] because traditionally this
[00:12:35] government that we have had for 27 years in
[00:12:39] office, Chavismo, has
[00:12:42] tried to regulate absolutely
[00:12:45] everything, eh, control absolutely everything and
[00:12:49] the issue of rentals was something that was also there, that's why
[00:12:52] people were very afraid to rent. for fear of eviction
[00:12:56] later and especially with the issue if that person who rented
[00:13:00] has children, what will happen with that also
[00:13:03] because then something negative is also created, that is, if you have
[00:13:07] children, I won't rent to you, what happens with the rights of that person
[00:13:11] who can't find a place
[00:13:14] to rent a home having children,
[00:13:18] is it that somehow it can be encouraged then
[00:13:22] that the person is someone who doesn't have a family, I don't know.
[00:13:26] Yes, well, Del Valle, in principle, eh,
[00:13:29] this new law proposes a new model of economic
[00:13:32] development that establishes clear
[00:13:36] rules, the law, the agreements that can
[00:13:39] be reached between owner and tenant have the force of
[00:13:42] law between them, so that here, eh, this
[00:13:46] this will cause an opening where
[00:13:49] people can allow
[00:13:53] access, even if they have children or for older adults, vulnerable
[00:13:57] people, because there are simply clear rules about what the contracts
[00:14:01] are and what the conditions are, the good thing about all this, Del Valle, is that many
[00:14:05] properties that were totally off
[00:14:08] the market will enter the real estate market, do you have figures more or less of
[00:14:12] how much would they bring into the market, look, we are talking more or less
[00:14:16] about 30,000 homes that are currently
[00:14:19] owned by people who are abroad who pay a
[00:14:22] condominium fee that generates an expense for them. but in the end it can
[00:14:26] become a possibility for the property to be
[00:14:29] maintained and not to be depreciated
[00:14:32] over time, no, but that they can rent it and can obtain some income from that, that
[00:14:35] will make rentals in Venezuela go down because when you
[00:14:39] increase supply then of course prices go down
[00:14:42] here there is a law that is regaining
[00:14:45] validity in the valley, which is the law of supply and demand, a worldwide
[00:14:48] law, that is, the more supply you
[00:14:52] have, the lower the prices
[00:14:55] supply, but what you have is a great demand, prices are speculative, so
[00:14:59] we are facing a great opportunity for the real estate
[00:15:03] rental market to open up with stability for both
[00:15:06] parties, prices go down, there is trust for the
[00:15:09] owner and an beginning of the
[00:15:13] normalization of rentals as it works anywhere in the world, we will
[00:15:16] continue with the topic of the rental law, but since you tell
[00:15:20] me that, it strikes me very much because there is
[00:15:24] always a speculation in the
[00:15:27] market as a result of all this that happened, that many people
[00:15:30] were left homeless, eh, what happened, the sales
[00:15:34] of apartments shot up. if, for
[00:15:37] example, an apartment, for example, cost
[00:15:40] $1, now they are
[00:15:43] putting them at 180 and
[00:15:46] especially in areas where
[00:15:49] there are seismic zones, such as Los Palos Grandes,
[00:15:52] then there it went down, eh, in some
[00:15:56] way, will that also be taken into account to
[00:15:59] legislate now in the National Assembly, look, I think,
[00:16:02] Del Valle, that we should not continue to tighten the economy
[00:16:06] or try to set extreme prices or controls by the
[00:16:10] state, I think we are facing a new reality that makes
[00:16:14] us all reflect, that makes us change from
[00:16:19] role that the state must play and I think
[00:16:23] we must allow the market to behave naturally
[00:16:26] and the market when there is more supply, prices go down, what
[00:16:30] we have to stimulate is that there is private investment for
[00:16:34] the development of properties for the middle class, that people can
[00:16:38] buy an apartment with the aim of renting it and having a passive income that allows
[00:16:41] them to support their family, that economic activity and private
[00:16:45] investment be stimulated from all points of view, I was
[00:16:48] talking about the law against real estate
[00:16:51] fraud, that was a law that scared away many investors
[00:16:55] who, due to hyperinflation, the
[00:16:58] adjustments of prices in the amounts of payments of pre-sale
[00:17:02] property contracts collapsed, so
[00:17:06] they collapsed, the supreme court of justice made a decision where
[00:17:09] it prohibited indexed credits or what was
[00:17:12] popularly called balloon payments and that generated
[00:17:16] a great collapse, the result is that we do not have real estate developments
[00:17:20] aimed at the middle class and that is a terrible drama
[00:17:24] for Venezuela because that makes middle classes,
[00:17:27] young people, professionals who are looking for options to grow
[00:17:31] from satellite cities or in the surroundings of large
[00:17:35] capitals cannot have an option to
[00:17:38] start, but have to go to suburban areas or
[00:17:41] sectors that do not have the necessary
[00:17:45] services to have a decent quality of life for their family. What are the
[00:17:48] guarantees that this brings, apart from those we have already talked
[00:17:52] about, for the tenant, for the person who rents, the
[00:17:56] lessee, the guarantees that
[00:17:59] this new law brings and what are the
[00:18:02] guarantees for the lessor, yes, well, the
[00:18:05] lessor has the guarantee that they will not lose the property, they do not have
[00:18:09] the property at risk, and the tenant has the guarantee
[00:18:13] that they will be able to access a market that until today
[00:18:16] Venezuela did not have, that is, there were 30% of buildings
[00:18:20] vacant with people afraid to rent their
[00:18:24] apartments for fear of losing
[00:18:28] the law, that already comes from supply and demand and according to how the market moves,
[00:18:31] but now the law what are the guarantees that in law both
[00:18:35] the renter and the one who puts their property up
[00:18:39] for rent have, yes, well, the law, Del Valle, the novelty
[00:18:43] of this law is that it opens the possibility for
[00:18:46] both parties to agree that this agreement has the force of
[00:18:50] law, that the state does not have to intervene excessively
[00:18:54] in a private relationship, because definitely the
[00:18:57] tenant needs to have a home and a home to
[00:19:00] which they can access at a price eh well that
[00:19:04] could be considered accessible always and when there is...
[00:19:07] supply, the problem is when there is no supply then prices go up
[00:19:11] that is, if properties go up because there are none, people start
[00:19:15] to see that there are no options where to live and especially concentrated in large
[00:19:18] urban centers, that private eh arbitration
[00:19:22] how will it be, deputy, anyone can be that
[00:19:25] arbitrator, it is agreed by mutual agreement, I would like you to answer that question
[00:19:29] when we return, let's take another break, we are talking tonight about the new
[00:19:33] rental law that has already been
[00:19:36] passed by the National Assembly and is expected in the
[00:19:40] coming hours to be sanctioned by
[00:19:43] or rather, that it be executed by the national executive. We'll be right back.
[00:20:37] From July 31 to August 6 in the Universal
[00:20:41] Weekly,
[00:20:44] the table returns with a new phase of dialogue in the
[00:20:47] country.
[00:20:50] Venezuela will hold elections when it is
[00:20:52] ready, the livestock sector bets on
[00:20:55] financing to grow, South
[00:20:58] Korea promotes solidarity diplomacy,
[00:21:02] climate and roads are constant challenges in Mérida
[00:21:20] and Aruba resumes. The Universal Weekly.
[00:21:23] Look for this edition on our digital platforms.
[00:21:26] We are back tonight here on Reporte
[00:21:54] Estelar, our topic that we are addressing is the new
[00:21:58] rental law, rental report is our tag and
[00:22:01] our guest is Deputy Félix Freite. Deputy, I forgot
[00:22:05] the break and left you a question
[00:22:08] that has to do with the issue of arbitrations,
[00:22:12] how will the issue of arbitrations be handled, that is, each person will
[00:22:16] decide or by mutual agreement who will be
[00:22:20] the person or the institution that fulfills that
[00:22:23] role, yes, well, Del Valle, in Venezuela since 1998
[00:22:27] there is a commercial arbitration law, there are even
[00:22:30] chambers or associations that had
[00:22:33] institutions such as the Caracas Chamber of Commerce that
[00:22:37] created an arbitration institution in which both parties
[00:22:41] could agree that in case of a conflict arising, it could
[00:22:44] be resolved through arbitration and not through the jurisdictional
[00:22:48] channel, the important and
[00:22:50] novel aspect of this law is that not only arbitration, but also, for example,
[00:22:54] alternative means such as conciliation that could be carried out by
[00:22:57] a mayor's office through its municipal justice directorates
[00:23:01] through a prefecture or
[00:23:04] the governorships, seek mechanisms
[00:23:08] to resolve conflicts in which people are not
[00:23:11] exposed or subjected to the justice
[00:23:14] system that, as we know, is strongly
[00:23:17] questioned, that is why the reforms that are being
[00:23:23] addressing the issue of institutions, because
[00:23:26] we need people to be able to have solutions to their problems without
[00:23:29] needing to hire a lawyer, enter a
[00:23:32] complex and complicated process that will take them, from a bureaucratic
[00:23:36] point of view, time and money, but that they can establish an
[00:23:39] agreement where they can
[00:23:42] resolve this through a justice of the peace, for example, a justice of the peace is not
[00:23:46] a person who charges professional fees, so a justice
[00:23:50] of the peace can conciliate to seek mechanisms for conflict
[00:23:54] resolution and that can be established within the contracts,
[00:23:57] the important thing, as I told you, Del Valle, is that people have
[00:24:01] new options to be able to resolve any
[00:24:04] differences that may exist, issues
[00:24:09] the passage of time, issues such as the solution of
[00:24:13] housing problems in its maintenance, what are
[00:24:16] minor repairs or major repairs, diverse
[00:24:19] issues that arise and that the use of the property means that
[00:24:23] we are going to get to that, deputy, there are several things and I
[00:24:27] would like to go there because this is the last part of the program, for
[00:24:30] example, the limits of the increases, eh, when the
[00:24:33] contract expires after 6 months, a year, the time for which the
[00:24:37] contract is established, how will that increase be? look, Del Valle,
[00:24:41] the first or the main
[00:24:43] innovation that this law brings is that rentals or
[00:24:47] rental fees are allowed in currencies
[00:24:50] other than the legal tender, so that
[00:24:53] we can set fees in euros,
[00:24:56] fees in dollars, fees that are not
[00:25:00] necessarily tied to our currency, which has indeed
[00:25:04] been seriously exposed to progressive
[00:25:07] devaluations and that put the value of the property at risk.
[00:25:10] Eh, with the issue of deposits, because generally it was asked
[00:25:14] for three months deposit, if you rent through a real estate agent, one month
[00:25:17] in advance and eh... three deposits, sometimes
[00:25:21] a year in advance plus the month of commission that you have to give to the
[00:25:24] real estate agent, something that with the economic situation and the purchasing
[00:25:28] power of Venezuelans for many people eh it is
[00:25:31] uphill, how will that be handled? yes, this law eh
[00:25:35] encourages insurance companies to
[00:25:40] amount of up to three monthly payments so that those people,
[00:25:43] the owner can have a guarantee that if something
[00:25:47] happens to that property or because let's remember that
[00:25:51] the deposit is the guarantee that if something happens eh
[00:25:55] attributable to the tenant, the tenant must respond,
[00:25:58] that's why those three months of deposit were established, this law creates this new
[00:26:02] alternative which is the purchase of an insurance policy which is much more
[00:26:06] economical than paying the 3 months and those 3 months can serve
[00:26:09] the tenant as a guarantee and so that
[00:26:12] they would only enter by paying the monthly payments due
[00:26:17] repairs, how will this be handled in this new law? Well,
[00:26:21] the law clearly establishes that when repairs
[00:26:24] are equivalent to less than 30% of the
[00:26:27] monthly rent, the tenant would assume them, so
[00:26:31] if what gets damaged is a faucet or what
[00:26:35] deteriorates is a toilet tap, those are things that
[00:26:39] should effectively be covered by the tenant, the lessee,
[00:26:42] when there are already cases superior, let's say, structural
[00:26:46] issues of the apartment or issues that
[00:26:49] have to do with the deficiency due to the passage of time
[00:26:52] and the deterioration of a public service such as gas, water or
[00:26:56] drainage, that imply an expense higher than
[00:26:59] that 30% of the monthly rent must be assumed by the owner. And as for the
[00:27:03] habitability conditions of the properties, because there are properties
[00:27:06] that are, well, rented out and perhaps have some flaws,
[00:27:12] the issue, you just mentioned it, the issue of structural failures
[00:27:15] that, well, there are many, eh, many buildings
[00:27:19] that at this moment were qualified with
[00:27:22] yellow and red
[00:27:26] labels, no, which does not mean, for example, in the case of red, that
[00:27:30] eh, that it has to be demolished. But that will depend
[00:27:33] on a subsequent evaluation by
[00:27:36] structural engineers, no, yes, well, the norm seeks to prevent
[00:27:39] that there are no rental relationships
[00:27:43] where the tenant's life is at risk,
[00:27:47] so it is totally prohibited, for example,
[00:27:50] buildings like those that currently have a red rating,
[00:27:54] either by the Fumbicis or by a mayor's office, they definitely
[00:27:58] cannot be rented because there is a risk situation, they must have
[00:28:01] habitability. Let's remember that this is something that the
[00:28:04] municipalities deliver, especially in horizontal property, the most important
[00:28:08] thing is that the buildings that are going to be designated for rent
[00:28:11] have their habitability permit
[00:28:14] granted by the municipal authorities, well, in
[00:28:17] summary, deputy, what does this new law bring
[00:28:21] to both tenants and landlords? Yes, I believe that here
[00:28:24] the real estate market opens up in a
[00:28:28] majestic, sensational way, I think we will
[00:28:31] have many properties in the rental market, I think this will
[00:28:35] make rental prices go down, I think many
[00:28:38] owners will feel the attraction, the
[00:28:41] need to get rid of that problem that today the
[00:28:45] property generates an expense in the condominium and they will put it
[00:28:49] on the rental real estate market so that it even generates some
[00:28:52] income, I think there are many good things that this rental law brings, but above all
[00:28:56] the valley, I think this is the beginning of a new
[00:28:59] stage where private property will be
[00:29:02] respected, where tenants will have access
[00:29:06] to new homes and where I think we are on the right track
[00:29:10] towards a process of missing the issue of credits, thank you very much deputy, the
[00:29:14] credit to be able to acquire a home and that this
[00:29:17] can also be a guarantee,