Tenants demanded that the financial insurance for housing units should be limited to deferred checks that are disbursed or deducted from them if necessary. The complaints about the delay of real estate companies in refunding their financial insurance payments, despite vacating the apartments, indicate that the restriction of insurance on checks will preserve the rights of both parties The problems of delayed reimbursement of insurance solve a long time, sometimes exceeding six months of eviction.

Real estate company officials pointed out that the practices of some companies to delay the return of rental insurance due to financial pressures, or some prefer to delay with investment in investment tools, and welcomed the proposal to limit the amounts of financial insurance for housing units on deferred checks to avoid disputes with tenants.

For their part, two real estate experts said that the best solution for legalizing rent-related differences between the landlord and tenant is that the rights and obligations of the lessee and the landlord under the lease contract are set out in clear terms.

The Center for the Settlement of Rental Disputes said that it is considering a new mechanism to solve the problems of rental insurance, which includes the possibility of depositing the insurance amounts with the Center, and then it will be refunded to preserve the rights of the landlord and the tenant.

6 months

The tenant, Abdullah Mirza, said he had left the building he had been living for six months and had not yet received his rent insurance, even though the housing unit had handed over the case to him, pointing out that some of his friends had advised him to file a complaint against the company.

The tenant, Mohammed al-Hashimi, said that in addition to delaying the return of rental insurance, he did not get his insurance from the rental buildings he had previously established.

He pointed out that many real estate management offices and landlords are taking advantage of the cash in their possession to increase the amount of deductions they make for the maintenance work. He pointed out that the building manager took 50% of the insurance, citing some repairs to the wall.

The tenant, Nassir al-Sayyid, said that a large amount of rental insurance was booked after the contract ended. He pointed out that real estate officials take advantage of any minor problems to deduct the bulk of the insurance at the end of the lease contract. Borne by the tenant.

The tenant, Mohammed Abdullah, stressed that limiting the amounts of insurance in the rental units in the form of checks is an important thing that avoids consumers procrastination and delay in the refund of insurance, as well as the rights of owners and companies at the same time, pointing out that the real estate company that was managing the building did not receive the insurance amounts Rent only after six months of evacuation of housing units, offering financial burdens to pay the insurance and relocation requirements for new housing.

The tenant, Hassan Hamad, said that he suffered from the delay of the real estate company, which was running the previous building and the delay in the insurance response for more than three months, calling for the importance of the obligation of companies to maintain the insurance insurance checks and non-disbursement only when necessary to avoid delay and to preserve the rights of both parties.

The tenant Ali Ibrahim said that he went through more than one experience in delaying the receipt of rental insurance with several companies in different regions, and therefore the appropriate form of rental insurance amounts is to keep them in the form of checks not disbursed or deducted from them only when there are damages that require reform, With the tenant.

Property Preview

On the other hand, an official of a property management company, who declined to be named, said that the delay in the reimbursement of rental insurance because of the procedures, where the company at the end of the lease contract to give a committee to inspect the property and the assessment of damages, and then deducted from rental insurance. He pointed out that the real estate offices that are delayed in the return of rental insurance are small offices, and that their behavior contributes to the escape of tenants from them.

Rental insurance

For his part, the real estate expert Muhannad al-Wadia, said that "the best solution for the legalization of differences concerning the rental insurance between the landlord and the tenant is that the rights and duties of the tenant and the owner is determined within the lease contract in clear terms." He pointed out that one of the most prominent points of contention required clarification of the timing of the restoration of insurance Lease after vacating the leased premises, and whether it is paid by check or cash.

He pointed out that «there must be a clause in the contract showing the mechanisms used to deal with the amount of insurance, and the related reforms and costs and those who bear them, especially what is allowed to the owner to deduct from this amount, because this issue is a controversial points that cause disputes Great rental market ».

He pointed out that proving the condition of the property through the full imaging of the residential unit is a practical solution, provided that it is proved in a separate paper signed by the owner, as in the case of renting a car, but this is conditional upon the signing of the owner or his representative on the receipt, The other party.

Maintenance guarantee

Mr. Awad Gargash, General Manager of Awad Gargash Real Estate, said: "The law allows the owner or his representative to provide the tenant with insurance under the name of (maintenance of the property) at the end of the rental contract between the parties, The full amount after the end of the contract soon in the absence of reforms that require deductions, during the lease period », adding that the best solution to legalize the differences between the rental insurance between landlord and tenant is to determine the rights and duties of the tenant and the owner under the lease in clear terms.

Waleed Al Zarouni, director of the W Capital Group, said: "The reasons for some real estate companies' delay in refunding insurance or financial security to tenants after a period of eviction are due to the fact that most of these companies benefit from these amounts in operations And may be immediate response is a difficult for them, especially if they are under financial pressure forcing them to delay payment ». "These practices are already in the market and can not be denied, and therefore the proposal to make the financial insurance in the form of a check on the last day of the lease and is renewed with the lease or the disbursement when there is damage units and in coordination with tenants, ensuring their rights not to be delayed Get their dues, while preserving the rights of companies or owners ».

"The delay and procrastination in the repayment of the financial security of the tenants is not one of the cases that can be circulated in the markets," said Khamis Mohammed al-Zaidi, the real estate consultant and real estate consultant. "Most of the delay is due to property management companies, In various tools investment and real estate », pointing out that« it is necessary not to be taken by some owners of the practices of real estate management companies that may harm their investment property ».

New mechanism

The Lease Dispute Settlement Center, the legal arm of the Dubai Land and Property Department, confirmed that the tenant must leave the leased property in the case he has received in case he wishes to recover the full amount of the insurance at the end of the lease contract, explaining that the owner or his representative is required to refund the insurance amount in full. In the absence of any repairs requiring deductions during the lease period. He added that in case of disagreement between the parties to the contract, the matter will be referred to the Center for Settlement of Rental Disputes, in order to calculate the deductions according to the discretion of the judge, pointing out that the center is considering a new mechanism related to the problems related to rental insurance and how to recover it in proportion to the parties of the rental relationship, Insurance at the center is refunded at the end of the contract mechanism that preserves the rights of both landlord and tenant, pointing out that many of the rental disputes that come to the center related to this aspect.

Financial insurance

"The determination of the financial insurance and its amount is due to the agreement between the lessee and the owner in the contracts, and for the delay complaints from the insurance response from some companies to the tenants, the chairman of the representative committee for the real estate sector at the Sharjah Chamber of Commerce and Industry, Due to the fact that the property or property is owned by the company or the owner. Therefore, the restitution process may be delayed for two weeks. If the delay is longer than the months, or the tenant feels a delay in payment, and if there is no damage to the property, Committee of dissolution Disputes to get right. »

He pointed out that «a large number of tenants have complaints of delay on the recovery of financial insurance, and do not pay attention to that it may be because of the repair of what they destroyed in residential units, and therefore it is important for the tenant to be careful to return the property to its initial condition without damage before Delivery of the property, especially in relation to the basic facilities of the unit ».