How to Protect Your Tenancy Contract You are all excited about getting an apartment in Dubai , but when you are signing the rental contract, you have got to be extremely cautious for a few things. What are they? Given below are steps to make certain that you are covered both monetarily and personally.
Understand the lease agreement: First and foremost, as a tenant you need to make sure that your landlord has paid all service charges and the lease agreement is understood by both in order to avoid clashes later. At the same time it is extremely crucial to outline the responsibilities of the tenant (you) and should have no hidden fees that are saved for later on. The basic idea of a tenant agreement is to highlight the rent and mention the facilities provided to the occupant. Furthermore, check that the lease states the duration of the lease, landlordâ€™s obligations as well as the tenantâ€™s liabilities for paying utilities that are being consumed.
Sign the lease agreement: Never make the mistake of not signing the lease even if you know the person real well. The lease (tenancy agreement) is a legally binding document and you will be bound for the full terms and conditions and will not
responsibilities till it expires or unless the landlord gives the permission.
agreements can be tricky as there will be absolutely no proof of what has been agreed upon. If at all there is a
problem once the property is rented it will be hard to implement what has never been discussed. You may ask questions to simplify anything that you are uncertain about.
Register your contract: It is always a good practice to be safe even when you are absolutely sure of the things you have taken up. Therefore, register the contract on www.ejari.ae. It is a government requirement to safeguard both parties in case of a difference of opinions, to keep a check on scams as well as to certify the same property has not been leased two times.
Take out your own insurance : The landlord has given you the apartment on rent, but then you canâ€™t be sure that your valuables are protected against theft, fire or any other mishaps. Usually, the landlord's insurance policy only covers the
Therefore, check the position of your lease or best take out your own insurance policy. Above and beyond, make sure you call for a registered broker. You can do so at the Dubai Land Department and verify the agent with the concerned authorities.
Published on May 23, 2013
Published on May 23, 2013
You are all excited about getting an apartment in Dubai, but when you are signing the rental contract, you have got to be extremely cautious...