Real Estate Agencies Reform Bill Fails Again in Parliament

By , 29 Nov 2018, 12:50 PM Business
Various homes from our "Property of the Week" feature - see the Real Estate section at the end of the page Various homes from our "Property of the Week" feature - see the Real Estate section at the end of the page Montage: Google Image Search

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STA, 27 November 2018 - MPs failed to pass in a re-vote on Tuesday a reform bill on real estate agencies which was to improve the legal certainty of consumers as well as realtors. The upper chamber vetoed the motion in March, claiming that it excessively regulated the field.

While today's vote ended 42:10 in favour of the bill, absolute majority of 46 out of 90 MPs would have been needed in the re-vote.

Only four of the five coalition parties supported the bill, while the Alenka Bratušek Party (SAB) did not present its view.

The Marjan Šarec List (LMŠ), SocDems, Pensioners Party (DeSUS) and the Modern Centre Party (SMC) said that the bill would protect consumers and provide for the legal safety of all stakeholders on the real estate market.

But the opposition parties New Slovenia (NSi) and the National Party (SNS) agreed with the objections to the bill voiced by real estate agencies, who argued that the bill would restrain agencies too much.

In contrast, the opposition Left opposed it for allegedly not bringing enough regulation.

All our real estate in Slovenia stories are here

The opposition Democrats (SDS) did not present its arguments.

The National Council, the upper chamber of parliament, vetoed the bill in March at the initiative of a group of councillors led by Mitja Gorenšček, the executive director of the Chamber of Commerce and Industry (GZS).

The bill was initiated by the GZS's real estate agencies section but after it was amended at parliamentary committee level, the group turned against it, saying that it envisaged excessive regulation by capping the provision in real estate deals with individuals at 4% (which is in line with the existing law), by limiting provisions in rental deals to one-month's rent and by setting the maximum costs in case of no deal at EUR 150.

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