Business | Property
Tenancy law for rent increases in Ajman to be amended
The tenancy law in Ajman is to be amended, allowing landlords to increase rent by 7 per cent a year rather than 20 per cent every three years, Reuter reported on Saturday.
- Agencies
- Published: 15:36 March 22, 2008
Dubai: The tenancy law in Ajman is to be amended, allowing landlords to increase rent by 7 per cent a year rather than 20 per cent every three years, Reuters reported on Saturday.
The amendments will grant landlords the authority to seek eviction of the tenant after a fixed number of years that has not been specified yet.
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