Legislation_en

emptive right in proportion to his share, and if any of them waives his right, it will be
transferred to the other co-Owners in proportion to their shares.
2. A pre-emptive right will expire if the selling co-Owner serves on the other co-Owners,
through the Notary Public, a notice which includes the name and address of the
third-party buyer and the terms of sale, and if the said co-Owners fail to agree to
such terms of sale within one (1) month after receipt of such notice.
3. If a co-Owner agrees to buy the offered share, he must notify the selling co-
Owner of his intention through the Notary Public within fifteen (15) days of
the date of receiving the sale notice and finalise the sale procedures with the
Department within a maximum of ten (10) working days from the expiry of such
notification period.
4. If it is proved that the sale has been made under terms that are more favourable
to the purchaser than those mentioned in the notice sent to the co-Owners having
the pre-emptive right, such co-Owners will have the right to file, with the competent
courts, claims for compensation for the damage they have suffered.
Article (14)
Jointly Owned Real Property registered pursuant to this Law will not be subject to the
provisions of pre-emption stipulated in Federal Law No. (5) of 1985 Issuing the Civil Code.
Article (15)
A Unit Owner may lease his Unit provided that he and the tenant will remain jointly
obliged towards the other Unit Owners and Occupiers and the Owners Association
to comply with the Articles of Association of the Owners Association and the Master
Community Declaration.
Article (16)
In all events, Common Areas may not be divided, nor disposed of, in whole or in part,
independently from the Units to which they pertain.
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