PinBlogger RERA Dubai Tenancy Contract Termination – What You Need to Know
Terminating a tenancy contract can be a complicated process, particularly if you are in Dubai. With the introduction of the RERA (Real Estate Regulatory Authority) Dubai, there are specific laws and regulations that both landlords and tenants must follow when it comes to ending a tenancy contract. In this article, we will take a closer look at the RERA Dubai tenancy contract termination process and what you need to know.
What is RERA Dubai?
RERA Dubai is an umbrella organization that oversees the regulation and management of real estate services in Dubai. Established in 2007, it is responsible for creating a framework for the property market, which includes the development of property laws and regulations, as well as the licensing and monitoring of real estate professionals. One of its main objectives is to protect the rights of both landlords and tenants and ensure fair play in all property transactions.
Termination of Tenancy Contracts
Terminating a tenancy contract in Dubai can be a complex process, as it involves various legal requirements and procedures. Under the RERA Dubai regulations, both landlords and tenants must follow specific steps when seeking to end a tenancy contract legally. Here are some of the critical steps you need to take:
Giving Notice – If a tenant wishes to terminate a tenancy contract, they must give the landlord notice of their intention to do so. Under RERA Dubai rules, the notice period is typically 90 days. However, the notice period can be shorter if there is a mutual agreement between the landlord and the tenant.
Submitting a Termination Request – Once notice has been given, the tenant must submit a termination request to the landlord, which must be approved before they can vacate the property legally.
Inspections – Before vacating the property, it must be inspected by the landlord to ensure that everything is in good order. Any damages or issues must be addressed before the tenant can leave.
Deposit Return – The landlord is required to return the tenant`s security deposit within 14 days of the termination date. However, this is subject to deduction if there are any outstanding payments or damage to the property.
Failure to Comply
If either party fails to comply with the RERA Dubai regulations when terminating a tenancy contract, they could face legal action. The RERA Dubai has a dispute resolution center that handles disputes between landlords and tenants. It is a good idea to seek legal advice if you are unsure of your rights and obligations under the RERA Dubai regulations.
Conclusion
The RERA Dubai tenancy contract termination process is designed to protect the rights of both landlords and tenants, ensuring that they are treated fairly and that all parties follow the necessary legal requirements. By being aware of your obligations and following the correct procedures, you can ensure that the termination of your tenancy contract is smooth and trouble-free.
