Venezuela rental law approved by Parliament introduces mediation, caps deposits at three months, and reshapes landlord-tenant relations. Venezuela rental law and the new leasing frameworkThe approved text of the Venezuela rental law establishes that tenants and landlords can autonomously agree on the rental amount and payment methods, within the limits set by the law. Once in force, the Venezuela rental law will become the central reference for all new residential leasing agreements in the country. However, the effectiveness of the Venezuela rental law will depend on implementation, enforcement, and the ability of institutions to manage disputes fairly and efficiently. For tenants and landlords, the Venezuela rental law will gradually reshape how rental agreements are negotiated and enforced.