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Old 05-10-2008, 08:21 PM
PICHARDO PICHARDO is offline
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Join Date: May 2003
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PICHARDO is a jewel in the rough PICHARDO is a jewel in the rough PICHARDO is a jewel in the rough
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Quote:
Originally Posted by adrianb View Post
Whats your evidence for this ?
My brother in law happens to own a building in Cerros de Gurabo, where he conducts rentals and evictions with no problems.

In the court he PAYS a fee to the judge + lawyer when he needs an eviction done. To this day he hasn't failed to evict any non-payer on his property.

There's a big distinction on a renter that pays vs. a renter who fails to pay their rent. The court would issue an eviction order on regards to a renter that fails to pay rather than a renter that won't pay a rent increase.

He makes a very nice and formulated contract where rent increases are laid out in a way where renters must sign each agreement on the contract. Thus giving him the complete legal recourse to fall into.

Contracts are done in two year terms all the time with a renewal option on the part of the renters for one extra year under detailed conditions that fall under the law of the DR.

About renters that won't move after the contract expires? He got that covered with a little known fact that few people who offer rentals know about, but fewer will go for; he pays an added tax to rentas internas detailing his rental units as temporary hotel-like units which provides the vehicle to have the law on his side should he need to evict somebody that won't move once the rental contract is expired without a hitch.

Hotels rent short and log term to people all the time, hence the need for them to have special protection from the renter's biased law of the DR.

The down side to it, is that you have to pay the required per unit fee to RI so that you can have that protection and vehicle to remove people from the premises in court.
I believe that he files under "seasonal" rooming for the units rather than full time hotelier.
I'll ask him next time I speak to him...

Ask DR1's Guzman about the protection allowed to hotels and such biz in the real estate market of the DR if you have any questions on the legal side... Or consult a local lawyer to your liking!
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