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what you should know about horizontal property

With the aim of making visible to the Vallenata community a relevant issue in the construction sector called horizontal property, specialists present the regime, to publicize the benefits they offer when investing in one of these assets in the city.

According to Karyling Barranco, a specialist in real estate law, horizontal property is a type of housing and business centers that has been strengthening and contributing to the urban development of Valledupar, increasingly increasing its preference and which is expected to continue in the future. It is located as one of the main forms of housing in the city.

The idea is to make visible an issue that is of absolute interest to the communities subject to the horizontal property regime and that is increasingly gaining importance, not only in Valledupar but at the national level. It is increasingly necessary to know the horizontal property regime and the rules related to it, since by choosing this style of cities, we accept submission to a special legal regime, in which “exclusive” property rights occur, with limitations. express rights and co-ownership rights with respect to the common areas that make up the complex, building, business or commercial center.”he explained.

Another interest that horizontal property seeks is to awaken the interest and active participation of the National Government in this type of communities subject to a special regime, generating new opportunities that are a fundamental point of accompaniment and support of the State, and its entities. control and administration.

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“In practice, we encounter large and complex problems of coexistence, especially in VIS and VIPA co-ownership, in which housing problems have been provided and resolved where the need to train, instruct and accompany these has been lost focus. communities that are unaware of this style of housing with special submission and that consequently has generated problems“said Barranco, a specialist on the subject.

In Valledupar, this horizontal property regime in 2019 and 2020 had an increase of more than 50% according to the specialist in the real estate sector, however, there are factors that the community that already lives in these would be unaware of, which means that many times they do not there is an internal submission.

BY EDITORIAL/EL PILÓN

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