Govt says service charge
being collected by certain restaurants & hotels is not service tax You are
Statutory protection is available for residential leaseholders while it is a general requirement that service charges
are reasonable - if leaseholders are concerned that these may be excessive they should seek legal advice.
Conclusion: When choosing an office, consideration should be given to total occupancy costs, which includes service charges
, and not just rent.
SBP further emphasizes that these service charges
should be reasonable, commensurate with the service and customers should not be charged for the services not rendered or rendered without consent.
Now that's not to say every restaurant or bar keeps the service charges
- just that they can do.
Where costs go up there will be a review of service charges
and it is required to itemise such changes and justify it to Rera and the board of directors at owners associations.
The Real Estate Regulatory Agency, or Rera, the regulatory arm of Dubai Land Department, or DLD, has announced the launch of the first Service Charge
and Maintenance Index for properties within Dubai's freehold areas.
And it is not just service charges
where Voivenel finds fault with current practices.
He said: "Recently, there have been calls for tougher regulation on service charges
, with suggestions of inconsistent and opaque practices, but the greater problem is a lack of understanding of obligations on behalf of the tenants.
The way in which service charges
are handled is set out within the lease of the property, but a poor appreciation of what is involved and what costs can be expected can often lead to tenants being unable to plan finances properly.
However, the service charges
for financing up to 10 years have been raised by 0.
Pearl-Qatar a few months earlier, comes news of a precedent setting drop in common property service charges