<The Ejar program revealed that the number of commercial lease contracts registered in the electronic network for rental services during the current year 2021 exceeded 200 thousand commercial lease contracts, an increase of 44% compared to last year 2020, from the beginning of the year until last October.
The program explained that the increasing demand for Ejar network services comes as a result of the program's continuous efforts to develop and renew services and new strategic partnerships, the latest of which was the link with the National Water Company, which enables the beneficiaries of the network to transfer the water meter account to the actual user name of the real estate unit registered in the Ejar program.<He pointed out that the percentage of increase in commercial leases exceeded 44% compared to the same period last year, and the commercial contract represents a qualitative addition in the field of contracting in the real estate rental sector because of its advantages such as scheduling and flexibility of payments, the possibility of registering it as a conditional contract, modifying the commercial activity after the conclusion of the contract, and other powers and advantages enjoyed by the tenant.
The commercial lease contract offers a number of advantages, including the possibility of constructing it, activating the terms of the contract and identifying the obligated party in an easy and easy electronic way, in addition to its advantage as a contract that is treated as an executive document with the judicial authorities, its flexibility and suitability for the nature and requirements of commercial activities, and the coverage of contracts for a wide range of real estate and commercial units, including towers, commercial complexes, and commercial units: Towers, commercial complexes, condominiums, galleries, warehouses, kiosks, shops, offices, etc.The Ejar program aims to regulate and stimulate investment in the real estate market, enhance transparency in rental transactions between all parties and enable beneficiaries to access the data provided by the network, in cooperation with the Ministry of Justice to reduce disputes related to the real estate rental sector, reduce the burden on the judicial authorities to preserve the rights of the parties to the rental process (tenant, lessor and real estate broker) through unified and approved electronic rental contracts, document contracts and register the data of real estate units on the network, and activate their use as executive bonds.
The program explained that the increasing demand for Ejar network services comes as a result of the program's continuous efforts to develop and renew services and new strategic partnerships, the latest of which was the link with the National Water Company, which enables the beneficiaries of the network to transfer the water meter account to the actual user name of the real estate unit registered in the Ejar program.<He pointed out that the percentage of increase in commercial leases exceeded 44% compared to the same period last year, and the commercial contract represents a qualitative addition in the field of contracting in the real estate rental sector because of its advantages such as scheduling and flexibility of payments, the possibility of registering it as a conditional contract, modifying the commercial activity after the conclusion of the contract, and other powers and advantages enjoyed by the tenant.
The commercial lease contract offers a number of advantages, including the possibility of constructing it, activating the terms of the contract and identifying the obligated party in an easy and easy electronic way, in addition to its advantage as a contract that is treated as an executive document with the judicial authorities, its flexibility and suitability for the nature and requirements of commercial activities, and the coverage of contracts for a wide range of real estate and commercial units, including towers, commercial complexes, and commercial units: Towers, commercial complexes, condominiums, galleries, warehouses, kiosks, shops, offices, etc.The Ejar program aims to regulate and stimulate investment in the real estate market, enhance transparency in rental transactions between all parties and enable beneficiaries to access the data provided by the network, in cooperation with the Ministry of Justice to reduce disputes related to the real estate rental sector, reduce the burden on the judicial authorities to preserve the rights of the parties to the rental process (tenant, lessor and real estate broker) through unified and approved electronic rental contracts, document contracts and register the data of real estate units on the network, and activate their use as executive bonds.
Ejar also contributes to reducing disputes related to the real estate rental sector and reducing the burden on the judicial authorities to preserve the rights of the parties to the rental process (tenant, lessor and real estate broker) through unified and approved electronic rental contracts, document contracts and register real estate units on the network.
