Venezuela Housing Law Passed to Spur Post-Quake Building
Venezuela's National Assembly passed a new housing law on 21 August 2026 to promote construction after deadly earthquakes. The law replaces an anti-fraud statute and awaits publication to take effect. The post Venezuela Housing Law Passed to Spur Post-Quake Building appeared first on The Rio Times .
Venezuela's National Assembly passed a new housing law on 21 August 2026 to stimulate post-earthquake construction and safeguard homebuyers. The measure, sanctioned by the Assembly, replaces the 2012 anti-fraud statute and aims to bolster the real-estate sector while offering comprehensive protection to citizens purchasing homes.
The law, which consists of 40 articles, requires developers to register in a single registry and establishes a regime for promoting and protecting new housing, along with a penalty system. Assembly President Jorge Rodríguez described the legislation as a significant rewrite of the existing Law against Real-Estate Fraud, emphasizing its focus on building rather than fraud prevention.
The new law is expected to address the housing crisis following the deadly earthquakes that struck northern Venezuela on 24 June 2026, leaving 190 buildings collapsed and 856 damaged.
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