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IT LAYS DOWN RULES ON THE LEASING OF URBAN REAL ESTATE; IT ADDS ARTICLE 17 ° AND NEW ARTICLE TO LAW 11.622 OF 25 SEPTEMBER 1954, WHICH LEGISLATES ON THE SAME SUBJECT

Original Language Title: FIJA NORMAS SOBRE ARRENDAMIENTO DE BIENES RAICES URBANOS; AGREGA INCISO AL ARTICULO 17° Y ARTICULO NUEVO A LA LEY 11.622, DE 25 DE SEPTIEMBRE DE 1954, QUE LEGISLO SOBRE LA MISMA MATERIA

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As the National Congress has given its approval to the following Bill: Article 1-During the period from April 1, 1963 to March 31, 1964, the National Congress has given its approval to the Leasing and subleasing of urban real estate, intended for all or part of the room, offices, commercial or industrial premises and premises occupied by sports or social institutions, can only be raised by up to 10% on the income legally valid at 31 March 1963. The owner will also be able to recharge these rents in the sum equivalent to the largest real estate contribution he has to pay in 1963 and in the corresponding period of 1964. These surcharges must be distributed by the owner in equal shares in the corresponding months of the years in which the surcharge is authorized. The infringement of the provisions of the first subparagraph shall be punishable by a fine of one to ten vital monthly salaries of the individual employee of the respective department, without prejudice to the civil actions that correspond to the persons concerned. The Directorate for Industry and Commerce shall report to the competent court the infringements which it establishes for the purposes of the application of the fine. In these cases, the Court will proceed briefly and summarily. The proceeds of the fines will be for the benefit of the Housing Corporation. Both this body and the Directorate of Industry and Commerce will be able to take part in the corresponding trial. The competent court shall be the one to whom the respective eviction judgment would have been established. Article 2-During the period of one year, the administrative authorities may not grant the public force to carry out launches or evictions of lessees or subtenants of cites or conventis who prove to be up to date on the payment of their leases. Article 3.o-Add to Article 17 of Law No 11,622, the following point: "The report of the Directorate of Industry and Commerce shall have the evidentiary value that Article 4225 of the Code of Civil Procedure recognizes in the report of experts." Article 4.o-Add the following article to Law No 11,622: " Article ... The landlord or sublandlord who will disturb the tenant or subtenant in the enjoyment of the leased thing by demolishing part of the room or local or the deterioration removing the roof, partition or sections of the building or arbitrarily depriving the tenant or subtenant who is up to date on the payment of the respective income, of the services of light, gas, drains or others will be punished with a fine of one to six vital salaries (A) of the department of Santiago, which will be administratively applied by the Directorate for Industry and Commerce, after verification of the infringement by this body. The proceeds of the fine will be for tax benefit. If, after the fine is applied, the disturbances referred to in the previous subparagraph are continued, the Directorate for Industry and Commerce shall appoint an administrator of the leased property to restore the services or repair the damage. (a) the cost of the damage to the landlord or sub-landlord which caused the disturbance. '; Article 5 (o) By way of derogation from Article 1 (o), the applicants who have acquired the buildings of the Previsión Cajas in compliance with the rules for sale may be entitled to rent a lease, equivalent to 11% per year of the value of the respective acquisition. ' And because I have had to approve and sanction it; therefore, publish and take effect as the law of the Republic. Santiago, to twelve of December of a thousand nine hundred and sixty-three.-JORGE ALESSANDRI RODRÍGUEZ.-Julio Philippi I. What I transcribe to you for your knowledge.-God save you-Carlos Grebe H., Undersecretary of Economics, Development and Reconstruction.