Tenants demanded real estate owners, given the conditions they are currently going through, noting that the pandemic of the emerging Corona Virus (Covid 19) caused financial troubles and failure to pay the rental benefit in time to some tenants.
They emphasized that the initiatives to exempt tenants, although they are individual, are good and required, but the problem is with the landlord.
Real estate workers have recently launched individual initiatives aimed at exempting tenants from rental values for specific periods, including the "# owners_ good" initiative and "helped" your tenants.
They explained to «Emirates Today» that the initiatives encourage real estate owners to take a humanitarian approach towards tenants at this time of the crisis, expressing their hope that such charitable social behaviors will increase in the future, to include a large number of owners.
Concerns and concerns
In detail, the tenant Fouad Mohammadi, who is a business owner, said that paying the rental value has become an obsession for him, pointing out that the landlord is chasing him daily, without regard to the conditions of his work.
He added that what we are currently experiencing is a health crisis that affected all countries of the world, which caused him to stumble and made him unable to pay the rental value, which requires a look from real estate owners.
For her part, the tenant Ashwaq Raafat said that real estate rents have become important for some, calling on those who can help to initiate this difficult time.
And she saw that the initiatives aimed at exempting the tenants, although they are individual, are good and required, because they reflect the conditions of some tenants and help them, but the problem is not in the tenant, but rather in the landlord who does not want to sympathize, she said.
As for the tenant, “Majdi.” He said that the Real Estate Management Office is chasing him daily to pay a late rental check for him, calling for supporting tenants in this difficult period, and activating the initiatives launched in the real estate sector in support of the affected tenants.
Support fund
In the same context, the tenant, M.Aish, said that the company that manages the residential tower in which he resides, told him that the renewal of the rental contract for his housing unit will be at the same value, or leave the property, excluding the property owners from any exemptions, taking into account the current conditions.
For his part, the tenant stressed «Ubaida. A »The importance of supporting the tenant by establishing a fund to support renters from individuals and families, indicating that this proposal is good, especially since there are individuals who have lost their jobs, and others in the retail sector whose stores are still closed.
As for the tenant "Basem C.", he wondered if the property manager did not agree to delay a check, would he agree to the exemption? He said: "Supporting tenants, and exemption initiatives are good proposals, but they need support from the owners themselves."
The "# owners_goodness" initiative
In addition, the head of the “W Capital” Real Estate Brokerage Company, and the owner of the “#ownership of goodness” initiative, Walid Al-Zarouni, said that the “#ownership of goodness” initiative aims to support tenants directly by exempting them from rents for a period of not less than three months, taking into account their current circumstances Resulting from the repercussions of the spread of the emerging corona virus (Covid 19).
He added: "The initiative encourages real estate owners to take a humane approach to tenants at this time of the crisis. This initiative needs the support of landlords."
Al-Zarouni stressed that adopting the procedures for supporting tenants by real estate owners will enhance the strategic partnership, pointing to the exemption of some owners, tenants, from paying the rent for several months.
He said, "We need more of this support from landlords towards tenants."
«Support tenants»
For his part, the general manager of the «Royal Liwan Company for Real Estate» and the owner of the initiative “#Help your tenants”, Mohamed Hareb, said that the current situation necessitates the solidarity of all parties socially, because the matter comes from the premise of taking responsibility towards the tenants.
Hareb confirmed that he had exempted tenants from his real estate for two months, and when he presented the idea to other landlords, they welcomed the idea, and they exempted tenants from their real estate for two months.
Hareb expressed his hope that such charitable social behaviors will increase in the future, to include a large number of owners.
Call for help
To that, Abdul Karim Al Mulla, CEO of Standard Real Estate Management Company, called on real estate owners to launch special initiatives to support their tenants, reduce economic pressure on them, and help them overcome these emergency situations resulting from the Corona virus crisis, by providing rent exemptions to owners Residential units, for certain periods, according to their ability.
Real estate owner: committed to the banks
A real estate manager, Hani Bahgat, said that landlords have a desire to help tenants, but that they have financial obligations to banks.
He explained, "This is a circle where everyone affects each other. If the banks reduce the property owners, these owners will take the initiative in easing and facilitating the tenants in their real estate."
As for the owner of the property, Mohamed L, he told Emirates Today that many real estate owners are committed to the banks, in addition to that the property may be the only source of livelihood for some owners.
He stressed that the landlord wants to cooperate with the tenant and help him, but the problem is with the pressure that the landlord is exposed to.