The Sharjah Consultative Council approved yesterday the draft bill to regulate real estate rentals in the emirate, Wam reports. The council signed off on the law “after introducing a number of amendments,” Wam said, without providing further details on the amendments that were introduced to the bill. The bill replaces the previous Rent Law that was passed in 2007.

ICYMI- The law — which aims to streamline government procedures for rentals and establish a rentals dispute center — first earned preliminary approval from the Sharjah Executive Council in February.

What’s next? The law should now make its way to the emirate’s ruler Sheikh Sultan bin Mohammed al-Qasimi to be ratified.

Tags: