Colombia: Landlord and tenant laws

The amount of control the landlord has over his property, measured on a five-point rating scale:

• Strongly Pro-landlord = 2
• Pro-landlord = 1
• Neutral = 0
• Pro-tenant = -1
• Strongly Pro-tenant= -2

We look at factors such as the following:

• Can rents be freely agreed between landlord and tenant?
• Can the landlord collect security and rental deposits, and are the amounts limited?
• Must contracts be for specified periods? Can either landlord or tenant terminate early, and what are the penalties for early termination? Does the tenant have a right to extend?
• Does the court system work? How long can it take to evict a tenant for non-payment of rent?

For fuller details see the Data FAQ. The resulting rating is the Global Property Guide's view, and not necessarily that of the contributing law firm (in cases where we have asked law firms for contributions and input).

Source: Global Property Guide Research, Contributing Law Firms

Colombia is one of the two countries in Latin America with house price statistics, which are to be found at the excellent Departamento Administrativo Nacional de Estadistica (DANE) site. The time-series are quarterly, from 1998. There are no rentals statistics.

Colombia has good general economics statistics, also at the DANE site. The central bank, the Banco de le Rep�blica Colombiana, has a well-organized statistical section with time-series concentrating on financial sector indicators.