SANTO DOMINGO.- The Chamber of Deputies will consider two vital bills for the Dominican Republic's real estate sector this Tuesday: one that seeks to regulate real estate services and brokerage contracts, and another concerning real estate rentals and evictions.
Both initiatives will be introduced during the second ordinary session of the First Ordinary Legislature of 2025, which was inaugurated on February 27th.
The legislative agenda posted on the Lower House website states that the proponents of the project that advocates for regulating real estate intermediation in the country are the deputies Braulio de Jesús Espinal Tavárez, Charles Noel Mariotti Paz and Edward Enrique Cruz Asunción.
The proposal that would regulate the practice of real estate agents consists of nine chapters and 79 articles, and among its considerations it highlights the importance of the real estate profession as a driver of the country's economic development.
He adds that for these reasons the State should promote it, as well as regulate and make transparent the business of real estate sales and rentals in the Dominican Republic, and adapt it to international standards in order to have a legal instrument that allows controlling and supervising the real estate market.
It details that the competent bodies in matters of real estate intermediation would be the Ministry of Industry, Commerce and MSMEs, the Real Estate Jurisdiction, the municipalities, the National Institute for the Protection of Consumer Rights (PRO CONSUMIDOR) and the Ministry of Housing, Habitat and Buildings (MIVHED), whose responsibility would fall to create the legal and regulatory conditions by which real estate intermediation in the country must be governed.
Rental law
The proponent of the bill on real estate rentals and evictions is the president of the Chamber of Deputies, Alfredo Pacheco, and it aims to regulate the relationships, conditions and legal obligations that arise from the rental of real estate intended for housing, businesses or any lawful activity in the Dominican Republic.
However, this would not apply to urban and suburban lands with agricultural potential, rural farms, boarding houses and lodging establishments that prove their registration with the competent authority, temporary occupations of spaces and stalls in markets and fairs or on the occasion of festivities, parks or companies in free zones that operate under Law No. 8-90 of January 15, 1990, on the Promotion of Free Zones, rentals of houses and apartments, whose period is less than 30 days, rental of parking spaces, advertising spaces, state property given for rent and any commercial activity governed by special law.
It has 17 chapters and 60 articles and seeks to provide the country with an updated instrument, adjusted to the current needs of the market.
