The project aims to put an end to the excesses of illegal wage hikes, delaying the registration of contracts, and refusing to renew leases without reasons. <The project aims to put an end to illegal wage hikes, delaying the registration of contracts, and refusing to renew rentals without legal reasons, in a move to promote justice and protect the rights of all parties.
The project also aims to regulate violations of the statutory provisions regulating the relationship between landlord and tenant in Riyadh. The project also aims to organize an effective mechanism to correct violations that consist of any act or omission that violates the second, fourth or seventh clauses of the statutory provisions, and this is proven through a decision of the committee formed within the Authority to consider violations, based on Article 20 of the Real Estate Brokerage Law.
The project stipulates that it is necessary to organize an effective mechanism to rectify violations, based on Article 20 of the Real Estate Brokerage Law. The project stipulates that the violation must be corrected within a period not exceeding 10 working days from the date of notification of the decision of the competent committee.
The corrective measures include:
* Adjusting the value of the gross rent for properties that have increased in an irregular manner in Riyadh city to comply with the statutory provisions within the specified time limit.
* Correct the gross rent increase for vacant properties so that it does not exceed the value of the last previous lease.
* Obliging landlords to register unregistered leases in the electronic network for rental services “Ejar”.
* Renewal of the lease contract if the lessor refuses to renew it and requests the tenant's eviction without legal reasons, provided that the tenant still wants to renew it.
The project gives the authority the power to adjust the total rent or renew the rental contract as the case may be, if the violator does not correct within the specified deadline.
If the violation cannot be corrected because the lessor leases the property to a new “bona fide” tenant in violation of the provisions, and the former tenant still wants to renew, the parties must go to the competent court to settle the dispute.
This bill is a step in the right direction. This project represents an important step towards regulating the rental market in Riyadh, ensuring respect for the rights of landlords and tenants alike, and achieving greater stability in rental relations.
This project represents an important step towards regulating the rental market in Riyadh, ensuring respect for the rights of landlords and tenants alike.
