Home Money Bahrain unveils key amendments in real estate lease law

Bahrain unveils key amendments in real estate lease law

by Amwal Al Ghad English
UAE
Under the law, a new item was added to Article (4), as follows: “The purpose for which the leased property is used must be specified in the contract.”
Besides this, three items were also added to Article (6), as follows:
*It is not permissible to register lease contracts that do not specify the purpose for which the leased property is used.
*It is not permissible to register a lease contract of any property that is not located in a residential real estate devoted to family housing, only after the approval of the municipality or the competent entity, and in accordance with the regulations determined by a decision thereof after the approval of the minister in charge of municipal affairs.
*Electricity and water services shall be delivered to the real estate tenant only after submitting a registered property contract in accordance with the provisions of this law and the decisions issued in implementation thereof, stated the BNA report.
The Prime Minister–and ministers -each in their respective capacity- shall implement this law, which takes effect one day after its publication in the Official Gazette, it added.

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