New rental law

Smurflings
By Smurflings

Any views about the new rental law passed on Monday, which lifts the 2yr rental freeze and also removes the cap on the percentage(%) increases which will be allowed now?

By sabrang kidul• 18 Feb 2010 18:51
sabrang kidul

If the landlord decide to raise the rent in the middle of a contract, does it mean that the tenant have a right to say no and walk away from that contract?

By corcaoich• 17 Feb 2010 22:49
corcaoich

this is the upshot of hastily designed legislation!

NOBODY was allowed to raise rent, even when their Villa was earning less than half the equivalent elsewhere. Now there is a release. All these guys hoping to make up for lost opportunities are rubbing their hands together. Likewise every tenant in overpriced houses are looking to move. Interesting times!The market will win! Prices downsized as everywhere else in the overheated GCC msrket!

By Smurflings• 17 Feb 2010 22:40
Smurflings

Gulf Times front page today...

By mr_qatar• 17 Feb 2010 22:28
mr_qatar

from where you heard..mention the link plzz..

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