United Arab Emirates: New bill regulating real estate leasing approved in Sharjah – News
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The Sharjah Consultative Council (SCC) approved a bill for 2024 on real estate leasing in Sharjah. The approval comes after the introduction of a series of modifications to the bill in the sixth session of the first regular session of the eleventh legislature.
Counselor Dr. Mansour Mohammed bin Nassar, Head of the Legal Department of the Government of Sharjah, gave a speech in which he praised the role of the SCC in completing the legislative cycle of the bills. He highlighted the importance of the current bill, as it represents a working system that adds to the achievements of Sharjah and its interest in regulating the relationship between landlord and tenant, in accordance with the laws in force in the city of Sharjah.
He noted that Sharjah constitutes an attractive environment for investors and families, which is why a strong law and legislation has been created to regulate real estate trading, including buying and selling, and other property rights, all of which will be regulated by the project. Of law. , especially since the previous law was issued in 2007, which means it is approximately 17 years old, and it needs to be amended to keep pace with developments and meet the needs of the parties.
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Khaled Falah Al Suwaidi, Director of Customer Service of Sharjah Municipality, highlighted the importance of the real estate leasing bill, noting that the bill contains regulatory articles that embody the vision of improving tourism, investment attractiveness and residential in the Emirate of Sharja.
Al Suwaidi noted that the current wording of the bill affects the living situation of society and brings together all relevant parties in an organized law that keeps pace with the evolution and demand of the real estate sector in the Emirate of Sharjah.
Hamad Abdel Wahab Al Qawadi, Rapporteur of the Committee on Legislative and Legal Affairs, Suggestions, Appeals and Complaints of the Council, read a draft law for the year 2024 on real estate leasing in the Emirate of Sharjah, reviewing the definitions, objectives, powers and others legal articles mentioned in the bill.
The meeting was chaired by Dr. Abdullah Belhaif Al Nuaimi, President of the SCC. The Council discussed the draft law on leasing of real estate and reviewed the report received by the Council’s Committee on Legislative and Legal Affairs, Appeals, Suggestions and Complaints, in the presence of Councilor Dr. Mansour Mohammed bin Nassar, Head of the Legal Department of the Sharjah Government; Issa bin Hanzal, Director of the Legal Department of the Government of Sharjah; and from Sharjah Municipality, Khalid Falah Al Suwaidi, Director of Customer Service; Abdullah Ibrahim Shuhail, Director of the Rental Regulation Department; and Muhammad Ali Al Ridwan, Head of the Department of Execution of Sentences.
The members discussed all the provisions and objectives of the law, which aim to regulate the relationship between the landlord and the tenant.
In their interventions, members presented a series of opinions on the articles of the bill, and government representatives responded to questions explaining aspects of the legal interpretation of the articles of the bill, as well as aspects of work on implementation. Law.
The Council approved in its fifth plenary session a draft law for the year 2024 on the leasing of real estate in the Emirate of Sharjah, making the draft law the second that the Council will debate at the beginning of its work for the eleventh legislature. At the end of the session, the Secretary General of the Council, Ahmed Saeed Al-Jarwan, announced that the Council’s recommendations on the policy of the Sharjah Trade and Tourism Development Authority will be discussed at the next meeting.
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