http://argentinatravelpro.com/finding-an-apartment-in-buenos-aires/2008/10/24/ buenos aires, buenos aires Hotels, Travel in Argentina Hotels, Airfare and Vacations Wed, 06 May 2009 20:58:34 +0000 hourly 1 http://wordpress.org/?v=3.1.1 http://argentinatravelpro.com/finding-an-apartment-in-buenos-aires/2008/10/24/#comment-5 Eric Sat, 25 Oct 2008 13:41:12 +0000 http://argentinatravelpro.com/?p=53#comment-5 Some apartments are overpriced however there is a reason for the higher short term rental prices: leases in Argentina are for two years. They require guarantors. The guarantor signs a notarized document assuming all responsibility if the renter does not pay. In the event of any problem, the guarantor will go after both the tenant and the guarantor. Few foreigners have close Argentine friends who will sign as guarantors and most foreigners don't even want a two year lease. As a result a short term rental market has emerged. It is reasonable that the rents should be higher. Some apartments are overpriced however there is a reason for the higher short term rental prices: leases in Argentina are for two years. They require guarantors. The guarantor signs a notarized document assuming all responsibility if the renter does not pay. In the event of any problem, the guarantor will go after both the tenant and the guarantor. Few foreigners have close Argentine friends who will sign as guarantors and most foreigners don’t even want a two year lease. As a result a short term rental market has emerged. It is reasonable that the rents should be higher.

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