[REVISION HISTORY]

Venezuela housing and rental market regulation

Updated 3 times since CLSTR started tracking revisions of this situation.

What changed

2026-08-23 22:49 UTC → 2026-08-26 03:15 UTC · added ~~removed~~

Venezuela has introduced new legislative frameworks to regulate its housing and rental markets. Initially, the National Assembly approved the Law on the Special Regime for Housing Leases to assist families displaced by earthquakes in June. This legislation aimed to protect tenants and landlords by limiting eviction orders to municipal courts or arbitration tribunals and providing mediation options. Following this, the Special Regime Law for Residential Leaseholds was published in the Official Gazette. The regulations specify that rent amounts are determined by mutual agreement, allowing for payments in bolívares based on the daily Central Bank of Venezuela exchange rate for foreign currency contracts. For contracts in national currency, rent increases are capped by the Consumer Price Index. The law also defines responsibilities for repairs and limits security deposits to a maximum of three months' rent. In a recent development, the National Assembly approved the Law for the Promotion and Protection of Housing Construction, which replaces the previous Law Against Real Estate Fraud. This 40-article reform aims to facilitate faster housing access and provide legal security for builders and buyers. Key provisions include the mandatory creation of trusts by construction companies, required detailed execution schedules in contracts, and the establishment of a unique public registry for promoters and builders under the oversight of the Ministry of Housing and Habitat. The law introduces severe penalties for non-compliance, with fines ranging from 300 to 54,000 times the value of the country’s highest-valued currency. ~~This reform follows seismic activity in~~ Acting President Delcy Rodríguez has now signed this law into effect to accelerate construction following the June ~~that~~ 24 double earthquake, which caused over 6,500 deaths and left approximately 17,900 people ~~homeless and caused nearly 6,500 deaths, resulting in an estimated housing deficit~~ homeless. Government inspections have identified 11,000 high-risk buildings out of ~~25,000 units. The legislation now awaits promulgation by interim president Delcy Rodríguez.~~ 61,000 inspected.

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