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1948 questions · Page 21 of 163
General
When entering into a Lease Contract, a Landlord is permitted to collect a security deposit from the Tenant. The legal purpose of this deposit is to ensure that funds are available for the m…
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Any legal disposition involving the Off-plan Sale of a unit before the project is officially approved by the Competent Entities and registered with the DLD is considered null and void. Deve…
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According to Article (6), managers or managing partners of a brokerage company must not have been declared bankrupt. They are also prohibited from holding the position if they were convicte…
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Common Parts are segments of Jointly Owned Real Property shown on a Site Plan for shared use by Owners and Occupants. These include structural components like foundations, columns, structur…
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A Mortgage is a contract where a creditor acquires a real right over a property or unit to secure a debt. This right gives the creditor preference over ordinary creditors for repayment from…
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Article (25) stipulates that an owner must pay Service Charges to cover the management and repair of common parts. This share is calculated based on the ratio of the Unit area to the total…
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A Real Property Right refers to any principal or ancillary right over a property, such as ownership, usufruct, or a mortgage. Under Law No. (7) of 2006, these rights must be recorded in the…
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RERA maintains strict oversight over the financial health of development projects. If an auditor deliberately issues a false report on the financial position of a developer or conceals mate…
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No, according to Decree No. (43) of 2013, a Rent increase is only permitted if the current rent is less than the average rental value. If the current rent is equal to or more than the avera…
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In line with the Centre�s goal of providing an expeditious process, tribunals are mandated to determine rental claims within thirty (30) days. This period begins from the date the claim fil…
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Common Parts refer to segments of a Jointly Owned Real Property designated for shared use by all owners and occupants, as delineated on the Site Plan. These typically include structural com…
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A Management Entity is legally required to maintain an insurance policy that covers the maintenance and reconstruction of the jointly owned property in cases of fire or destruction. They mu…
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