The operation of Serviced Apartments is centered on the management, management of the needs and expectations of customers, as well as the craftsmen and related services that assist the operator of the service apartment! In today`s video, we will look at Serviced Accommodation and how it works from a rental profile and also from a lease, and the structure that exists between rental agents and the investing client. Looking for a quality hosting company you can count on? No problem? Increase in rent? Well, look no further. We are Pass The Property, available where you need us if you need us. ExceptionThe only exception is if you rent a property for rent with an option to purchase. Rob: So the agreements you`ve made have a management contract between you and the owners? As might be expected, the agreements that need to be made for the investment model for service accommodation are much more complicated than for other types of buy-to-let. Today we discuss tenants, tenant profiles, rental agreements and look at the contracts that residential neighborhoods use with their investors and landlords. Service apartments exist to solve unpredictable short-term accommodation problems. As a rule, you have 7-10 days before your departure date to extend your stay, either for 2 nights or for 2 months. The flexibility is there. Your agreement is with the rental agent or the owner and our role as manager is twofold, protects the owner`s investment and offers our guests quality accommodation. By doing the first part well, we ensure the continued commitment of the owner and by making the customer happy, we fulfill our goal of maximizing occupancy potential. There seems to be a lot of confusion. Under no circumstances should you use ASTs (Assured Shorthold Tenancy Agreements) or business lease agreements between you and the landlord or rental agent.
In theory, upon development, the management of the “common areas” and the general management of the development should be transferred to the owners` association, established in accordance with the Collective Property in the Emirate of Dubai Act No. 27 of 2007 (“JOP Act”) and regulated in accordance with RERA`s “instructions” on the JOP Act. . . .