UAE passes draft law on homeowner associations, including at free zones

SourceGulf News
SectorEconomy
CountryUAE

Offenders face jail time and fines of up to Dh2m for a variety of offences Abu Dhabi: The UAE Federal National Council has approved a draft law on Homeowners Association, to help regulate the management and maintenance of property. The law shall apply to every building developed by federal authorities in any area of the country, including free zones, and those properties developed by other parties after approval of the concerned emirate. According to the draft law, the following are common areas – the land for the building, the building’s structure, foundation, pillars, columns and walls.

Common ownership will also apply to the walls between units, service rooms, places designated for waste and ventilation skylights, kitchens, entrances, facades, stairs, corridors, basements, elevators, emergency exits, and other types of installations. The Ministry of Infrastructure Development and the competent authority may issue decisions to add any other common parts. Under the law, penalties stipulated in this law do not prejudice any...read more...