New RAK rent contracts must for all govt transactions
From Saturday, January 25, Ras Al Khaimah will begin to apply a new unified lease contract, considering it the official rental document as accredited in all government agencies in the emirate.
The Municipal Department in Ras Al Khaimah has adopted this new unified lease and it obliges all parties to the rental relationship - tenants and lessors, as well as property owners and real estate offices, to do the same.
The Ras Al Khaimah Municipality, in an announcement published in all local newspapers, said that the new unified contract is necessary for the completion of official transactions in all government agencies, including the Department of Economy, General Directorate of Residency and Foreigners Affairs, RAK Courts and the Federal Authority for Electricity and Water.
The new unified contract for leasing is available in the main building of the Municipality of Ras Al Khaimah and a fee amount of Dh50 will be levied.
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