73 Days
Source:
المواطن
_1777294237270_124456903.png&w=64&q=75){kind=small}
Rent: Entitlement to the intermediary's commission percentage depends on the agreement between the parties
The Ejareh Network confirmed that the real estate broker is entitled to a commission fee upon signing or renewing lease contracts, according to the agreement between the parties. It is also essential to regulate the contractual relationship through an agreement that clearly outlines rights and obligations, contributing to the protection of all parties. Additionally, an electronic service has been launched to request an adjustment to the rental amount upon renewal. This allows the landlord to submit a request up to 90 days before the contract's expiration; if the tenant agrees, the contract is automatically renewed at the new amount. If the tenant rejects it, the renewal is canceled. Currently, this service is limited to rent reductions in the city of Riyadh.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)