The Sharjah Consultative Council (SCC) has recently given its approval to a draft law that proposes the establishment and regulation of a Rental Disputes Center within the emirate. This decision comes after a thorough review process involving several amendments.
The primary objective of the proposed law is to foster stability and govern the interactions between landlords and tenants effectively. By addressing concerns and refining regulations, it aims to create a balanced and fair environment for both parties involved in rental agreements.
The introduction of this new legislation is anticipated to have a substantial impact on the development of Sharjah's real estate sector, contributing significantly to its sustainable growth. Through the careful deliberation of the SCC's Legislative and Legal Affairs Committee, as well as other relevant bodies, the law's provisions and objectives have been thoroughly examined.
According to the proposed law, the Rental Disputes Center will operate as a judicial entity endowed with the necessary legal personality and capacity to fulfill its mandate effectively. Under the oversight of the Sharjah Municipality, the center will be tasked with developing and implementing procedures for resolving rental disputes promptly and fairly.
The center's mandate extends to all stages of dispute resolution, with a focus on delivering timely justice and ensuring the issuance of high-quality rulings. By providing a dedicated platform for addressing rental-related grievances, it aims to streamline legal processes and enhance the overall efficiency of dispute resolution mechanisms in the emirate.
Ultimately, the establishment of the Rental Disputes Center reflects Sharjah's commitment to promoting a transparent and accountable real estate sector. By instituting clear regulations and facilitating efficient dispute resolution, the emirate aims to create an environment conducive to sustainable development and economic prosperity.