02.05.2017 Views

Legislation_en

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

with the provisions of this Law.<br />

Article (8)<br />

The term of a sub-lease contract <strong>en</strong>tered into betwe<strong>en</strong> the T<strong>en</strong>ant and Sub-t<strong>en</strong>ant will expire<br />

upon the expiry of the term of the Lease Contract <strong>en</strong>tered into betwe<strong>en</strong> the Landlord and<br />

T<strong>en</strong>ant, unless the Landlord expressly agrees to ext<strong>en</strong>d the term of the sub-lease contract.<br />

The R<strong>en</strong>t<br />

Article (9)<br />

Landlord and T<strong>en</strong>ant must specify the R<strong>en</strong>t in the Lease Contract. In any ev<strong>en</strong>t, the R<strong>en</strong>t<br />

may not be increased nor may any of the terms of the Lease Contract be am<strong>en</strong>ded<br />

before the lapse of two years as of the date wh<strong>en</strong> the original contractual relationship<br />

was established.<br />

Article (10)<br />

RERA will have the authority to establish criteria relating to perc<strong>en</strong>tages of R<strong>en</strong>t increase<br />

in the Emirate in line with the requirem<strong>en</strong>ts of the prevailing economic situation in<br />

the Emirate.<br />

Article (11)<br />

Unless otherwise agreed, the R<strong>en</strong>t will cover use of the Real Property am<strong>en</strong>ities such as<br />

swimming pools, playgrounds, gymnasiums, health clubs, car parks, and other am<strong>en</strong>ities.<br />

Article (12)<br />

The T<strong>en</strong>ant will pay the Landlord the R<strong>en</strong>t on the dates mutually agreed upon. Where<br />

there is no agreem<strong>en</strong>t or where it is impossible to verify the paym<strong>en</strong>t dates, the R<strong>en</strong>t must<br />

be annually paid in four (4) equal instalm<strong>en</strong>ts to be paid in advance.<br />

111

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!