In a move to enhance transparency «The Real Estate Authority defines the grounds for objecting to vacant property rentals

The Real Estate Authority outlines rules for objecting to vacant property rentals to enhance transparency and regulate the real estate market.
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As part of efforts to regulate the real estate market and ensure a balanced relationship between landlord and tenant, the proposal of the Public Authority for Real Estate came to define the controls for considering and deciding objections to the rental value of vacant properties, in order to achieve the interest of both parties to the contractual process “the lessor and the tenant”.

The proposal of the Public Authority for Real Estate relies on the statutory provisions of the relationship between the lessor and the lessee in organizing the process of considering and deciding objections to the rental value of the vacant unit, and the proposal included the steps for submitting an objection request, which are as follows:

  • The landlord of the vacant property submits the objection request through the Ejar network.
  • The Public Authority for Real Estate will decide on the objection request within 10 days.
  • The applicant is required to fulfill all the required data within the 10-day period, and if late, the objection request will be closed.
  • The response to the applicant's request to object to the rental value of the vacant property will be via Ejar platform..
<In order to make the process of submitting a request to object to the rent set for a vacant property organized, the Public Authority for Real Estate has specified only two reasons for submitting the request, namely: The property is undergoing substantial structural or structural renovations, and the second reason is the existence of a previous lease for the property concluded before January 1, 2024.

According to the proposal. According to the proposal of the General Real Estate Authority, documents and technical reports must be submitted to prove the first or second reason for the objection, in order to ensure that the real estate market remains balanced, controlled and efficient.