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  • 13MAR
    What happens if the Tenant does not pay rent and how will Exclusive Links property management services help?

What happens if the Tenant does not pay rent and how will Exclusive Links property management services help?

 
Rental payments in Dubai are paid in advance in the form of postdated UAE Dirham cheques.It is a criminal offence to dishonor a rental cheque for insufficient funds.At Exclusive Links we retain all rental cheques for deposit on due date. Our property management license allows us to collect rental payments in the name of our company or rent cheques can be made payable direct to owners if an existing local bank account.In the event of a returned cheque all efforts to obtain funds amicably from the Tenant will be made by our management.If it is necessary the dishonored cheque can be formally lodged with the Police Authorities and a case registered against the Tenant. This outcome can result in a fine and/or imprisonment for the account holder (Tenant). An official demand for rent must be issued to the Tenant via registered mail or Notary Public.If the Tenant has not paid rent within 30 days of the demand issuance a further case can be lodged at the Rental Dispute Center.The Landlord will have the right to request for the Tenant eviction, unpaid rent, cheque return fines if included in Tenancy contract terms and Rental Dispute Center charges.
 
 
See our other related blogs:
 
http://www.exclusive-links.com/blog/what-is-the-regulation-for-serving-a-notice-period-to-vacate-a-tenant-in-dubai-our-dubai-property-experts-can-advise-/
 
http://www.exclusive-links.com/blog/why-do-landlords-need-an-effective-property-management-company-/
 
http://www.exclusive-links.com/blog/landlord-insurance/
 
 
To learn more about the benefits of being Exclusive Links property management clients please visit our main page at http://www.exclusive-links.com/propertymanagement for more information.
 
 
 

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Exclusive Links Real Estate commits to excellence in every area of the real estate industry
ensuring that customers best interest are always of the utmost importance.

 
13th March 2016

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