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Ministry of Housing Determine Hijra Solar Calendar Dates in Integrated Residential Leasing Contract.

Wednesday, 19 October 2016

 

 

Mr. Mohammad Saleh Albatty as a supervisor of the rental sector at the Ministry of Housing has reassured that the integrated residential leasing contract will depend on the Hijra solar calendar and what’s equivalent within the Gregorian calendar as an official date to define the rental year. Also, an official date for the contract’s duration which include it’s start and ending date, as well as payment due dates during the rental period based on the new mechanism for governmental salary payments.

Mr. Albatty also clarified that the implementation and usage of Hijra solar calendar will be effective when the launching of the electronic website for rental services occurs, which is expected to be active on the first quarter of 2017. In addition, he stated that the electronic website reflects simplifying procedures for citizen scope.

"The purpose of the integrated leasing contract’s final format is to assist all related rental parties, in order to organize and improve the performance of the rental sector as well as protecting the rights of real state broker, Owner and tenant. In addition, one of the Integrated  rental leasing contract conditions is to unify the dates for the contract and the agreed upon payments based on the new mechanism for governmental salary payments” As declared by Mr. Al batty.

An earlier announcement made by the Ministry of housing declaring the launch of it’s electronic website for rental services, which is expected to be available for citizens, residents and people who show interest  in order to provide their feedbacks and suggestions by 2017.

In addition, the Integrated leasing contract will provide opportunities which includes protecting all related rental parties, and minimize the possibility of conflicts between the Contract parties since it will be considered an executive obligation contract.

 

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