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Costa Rica house rent increases for 2021 may not exceed inflation rate

QCOSTARICA - It is common that at the beginning of the year house or apartment rent goes up, as landlords adjust rents. However, according to Ley 7527, Ley General de Arrendamientos Urbanos y Suburbanos (Law 7527, General Law of Urban and Suburban Leases), the increase cannot be whimsical. In Costa Rica, residential rental contracts are for…

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