Is it actually even legal to have a rental contract in USD?

[rob0001]

I'm not asking if it's actually done...I know it's done all the time. I'm asking if it's legal. Does it matter if it's a 3 year contract or the 3 month tourist contract for legality?
I'm also not asking if it's a good or bad idea...I'm simply asking if it's legal.

 

[wrangler]

I think it's legal, for the temporary contracts, yes.

 

[sts7049]

it's not legal

Lower House passes Rental Law changes, makes reform official - Buenos Aires Herald

Leases will continue to be for a minimum of three years and raises will be updated every six months

buenosairesherald.com

 

[nikad]

It depends what kind of rental contract and which law was current at the time of signing.

 

[Benny1]

Two things from this, below:

In addition to the changes mentioned above, the reform — which will be in force once it is published in the Official Bulletin — also establishes that rent contracts can only be made in the national lender, the peso.

1. The reform will only become law once it is published in the Official Bulletin - so, assuming it is not retroactive, it will only affect rental contracts following publication; and

2. Rental contracts can only be made in pesos - so, presumably rentals cannot be ADVERTISED in USD following the publication date (as most currently are). This would seem to give considerably more freedom to renters with USD.

 

[Rich One]

Question ? Who has a Legal Rental contract registered under Notary Public? Very Few ! in my building with 170 apartments , no Legal contracts in the last 10 years..!! All Rental contracts are private agreements between parties outside the Law...!

 

[Ceviche]

Question ? Who has a Legal Rental contract registered under Notary Public? Very Few ! in my building with 170 apartments , no Legal contracts in the last 10 years..!! All Rental contracts are private agreements between parties outside the Law...!

Thats a classic mistake most tenants do ( especially foreigners) not having a legal contract with the notary public and thereafter facing bullying of landlord and real estate agent.