Regulatory Alerts2020-11-16
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Law 179 of November 16, 2020, Regulating the Financial Leasing of Real Estate and Enacting Other Provisions
The Colombian Congress enacted Law 179 on November 16, 2020, to regulate the financial leasing of real estate and establish supplementary legal provisions. The legislation defines core contractual obligations, specifies regulatory oversight mechanisms, and clarifies the governing framework for financial lease agreements involving immovable property. Published in Official Gazette No. 29155-A, the law takes immediate effect upon publication and applies to all existing and future financial leasing contracts covering real estate assets.
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