What,are,the,rights,and,obliga law What are the rights and obligation of owners association?


When you work with an attorney, you will have no problem reducing the risks associated with getting your case in front of a judge and jury, or other formal court, when you need to. However, every case is different. It is important to work wi Bankruptcy is a situation, wherein an individual is termed as unable to discharge all the debts. When a person or a company is not able to pay off its creditors, it has an obligation to file a bankruptcy suit. In fact, a bankruptcy suit is a


The answer for how to create a successful and well-maintained mixed-use community lies in how the sharing is handled.Shared spaces in mixed-use community comprise of hallways, parking areas, corridors, gardens, utilities. Also, the cost incurred in maintaining such shared spaces is paid by all the owners jointly. Accordingly, the Emirate of Dubai introduced Law Number 27 of 2007 regarding the Ownership of Jointly Owned Properties in Dubai hereinafter referred to as the JOP Law. Dubai Land Department has further laid down guidelines in line with JOP Law for maintenance of the mixed-use community. The last circulars issued by DLD were in 2014 regarding Service Fees Claims and a circular for Property Developers. The Real-Estate lawyers in Dubai have outlined certain important aspects of JOP law under this article and we hope it provides a detailed insight of rights and obligations of owners association in Dubai.Recapitulation of JOP LawMixed-use community or jointly owned property is a most common concept within Dubai where the property is divided into numerous single-owned unit and jointly owned common areas. According to Article 17 of the JOP Law, an owners association is automatically created upon registration of the first unit with the land department, and the owners of private units automatically become the member post registration with Dubai Land Department. Owners association is a non-profit organization holding a legal capacity to sue and to be sued and to hold assets in its name, pursuant to Article 18 of the JOP Law. The JOP Law further under Article 21 defines the functions of an owners association which mostly includes managing, operating and maintaining the jointly owned properties. Therefore, it is necessary for an owners association to obtain relevant license from Department of Economic Development of Dubai. However, there are numerous short comings in the registration process of the association making it difficult to hold assets, open bank account and take any legal action. Bearing in mind, Real Estate Regulatory Agency (RERA) has recently issued a procedure for establishing an Interim Owners Association which were created for specific purposes. Yet, interim OAs face numerous issues as they require equal support of developers to maintain and manage the development.Rights and Duties of Owners AssociationOwners Association, as well as the individual owners, are responsible for maintaining and managing the development. As expected under the JOP Law, every single owner must maintain his personal property bearing in mind the norms of the building. The individual unit owner cannot undertake any amendments in the property unless prior written approval is obtained from the Owners Association. The tasks of Owners Association includes a collection of annual maintenance fees, administering the financial accounts, paying collective bills for electricity, municipality, accelerators, common areas, the safety of tenants and guests, maintenance of the building and more. In accordance with Circular number 1 of 2014 issued by RERA regarding regulation of service fees claims, owners association has the authority to collect service fees. It further states that RERA approved auditor shall be appointed by the association for reviewing and certifying the financial report regarding the collection of service fee and it must be in accordance with RERA rules. Nevertheless, if in any case, the owner fails to deposit the service fee, the Association has the authority to discontinue his rights under public utility service and may claim further fees as approved by RERA.The second circular number 2 of 2014 regarding the property developer which imposes a mandatory obligation of establishing an owners association for completed projects if the developers are managing the building for one year or if a complaint has been received for mismanaging the building. In this regards, the developers shall submit several documents for establishment of the Association which includes the following:Site plan for common areas;Declaration for jointly owned properties;Architectural drawings of the building;Statement for building management and other requested documents.Interim Owners AssociationRERA has issued regulation for establishing an Interim Owner Association (IOA). The objective of establishing IOA is to allow owners and developers to effectively present their views to the authority. The procedure for setting up IOA has been defined by RERA wherein, post the completion of the building irrespective of the fact if it is transferred or not, the developer shall notify for the commencement of Interim General Assembly (IGA). The notification should be sent to all the purchasers by giving a notice period of 21 days. A copy of such notice shall be given to RERA. Upon setting up Interim Board, the developer must provide them with the copy of the purchase and the contact details of individual owners and all other relevant information.The primary objective of the Interim board (IB) is to establish owners association by allowing:IB must work along with the developer and must have a complete understanding of the building management;IB must review all the contracts entered into by the developer;The board should liaise with RERA for understanding the content of declarations and management statement;The board shall inform the IOA of their findings and suggestions. It is further significant to note that any decisions made by IOA shall not be binding on OA as IOA's only objective is to establish OA and not perform their tasks. RERA offers specified legal status to IOA which includes:To monitor the tender process and appoint the service providers;To check the performance of service providers;To verify the budget after liaising with RERA;To suggest improvements and amendments in the building;To collect interim service charges.

What,are,the,rights,and,obliga

law

Everything You Need to Know About Employment Lawyers in Los

By and large, the employment law in the US is state-specific, which means hiring a lawyer specializing in the domain must be well-versed about the rules and regulations relating to employment in the state is vital. On the other hand, the leg ...

law

Can Your Ex-Husband Claim Custody If You Are Remarried?

Family Lawyers of Dubai herein wishes to address this reoccurring issue of custody of the child or children, should the mother re-marries following UAE Shariah Law.The very concern of this article is to understand the circumstances where th ...

law

A Will Lawyer Can Make Sure Your Will Is Legally Binding

A last will and testament is a legally enforceable document by which the creator of the will, also known as the testator, expresses their wishes as to how their property is to be distributed after death.They also assign a person to manage th ...

law

Estate Planning Tools a Living Trust In Michigan

There are various options for estate planning. One of them is the living trust.A living trust or "revocable" trust is a legal document through which your assets are placed into a trust during your lifetime. Upon your death, your assets in th ...

law

How Much Do You Know About Living Trust Michigan?

A living trust in Michigan is a very popular estate planning tool which allows you to easily pass your assets to your heirs privately by avoiding probate court. This differs from a will because a last will and testament requires probate cour ...

law

Are you aware of New Electronic Arrests In UAE?

The concerned Law is in line with the new Penal Code of UAE (Federal Decree-Law number 17 of 2018 amending Federal Law number 35 of 1992) allowing for confinement of accused in a specific area that is either his place of residence or other s ...

law

Dont Miss Out New Electronic Insurance Policies In UAE!

Bearing in mind, the electronic insurances, Insurance Authority along with UAE Government, issued a draft for Electronic Insurance regulations (the Draft Law) in early in this year. The intention behind the issuance of this Law was to govern ...

law

'Long live Nirbhaya', 'Bharat Mata ki Jai'! Slogans chanted

At 3:30 AM when the convicts were woken up, they finally came to grips with the reality of their awaiting death.As the clock struck 5.30 AM on Friday, the crowd assembled outside the Tihar Jail burst into celebration and even distributed swe ...

law

Nirbhaya's Mother On March 20 Death Warrant For Rapists

Nirbhaya assault and murder case A 23-year-old paramedic understudy Nirbhaya was assaulted inside a showing transport to six people on December 16, 2012, in Delhi. The unfortunate casualty was seriously attacked and tossed out and about alo ...

law

What To Look

Have you ever been injured due to someone else's carelessness? Have you lost a loved one due to somebody's reckless driving? The pain in such situations can be excruciating enough to break you. But this is just the time you need to be strong ...

law

The Constitution of the United States

The constitution delegates enumerated powers to the national government. For instance, Article one of the United States Constitution spells out 27 powers to Congress. Section 8 of this article provides Congress with among others, the power t ...

law

Chapter 7 Bankruptcy Lawyer: All You Need About Its Process

In legal terms, chapter 7-bankruptcy is extensively acknowledged as a liquidation method bankruptcy process. According to the rule, in chapter 7-bankruptcy, the court authorized trustee has the right to liquidate or sell a considerable porti ...

law

What You Should Know About Freelancing In Dubai?

It also reduces the cost for big companies to hire freelancer rather than employing the specialist. Nevertheless, Top Lawyers of Dubai have witnessed the hesitance in opting for freelancing in Dubai regardless of numerous attractions. Accor ...