HM King ratifies, issues law on amending Property Lease Law | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN – News of Bahrain- DT News

  • Date: 26-Apr-2020
  • Source: The Daily Tribune - News of Bahrain
  • Sector:Economy
  • Country:Bahrain
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HM King ratifies, issues law on amending Property Lease Law | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN – News of Bahrain- DT News

HM King ratifies, issues law on amending Property Lease Law. His Majesty King Hamad bin Isa Al Khalifa today ratified and issued Law 10/2020 on amending some provisions of Law 27/2014 promulgating the Lease Law.. 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.". - 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 not 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.. The Prime Minister-and ministers -each in their respective capacity- shall implement this law, which takes effect one