Latest news with #realestatecompany
Khaleej Times
a day ago
- Business
- Khaleej Times
Dubai rentals: Who pays the maintenance cost of wear and tear, landlord or tenants?
Question: I've been living in the same apartment in Dubai for the past five years. The real estate company managing the building painted the unit before I moved in, but after five years, general wear and tear has left it in need of repainting. Isn't the landlord or property manager responsible for this maintenance? What are my options if they refuse to repaint? Answer: Unless otherwise agreed between the parties, a landlord is responsible for carrying out maintenance works and repairing any defects or damage that may affect the tenant's intended use of the property. This is under Article 16 of the Law No. (26) of 2007 Regulating the Relationship between Landlords and Tenants in the Emirate of Dubai. 'Unless otherwise agreed by the parties, a landlord shall, during the term of the rent contract, be responsible for the real property maintenance works and for repairing any breakdown or defect that affects the tenant's full intended use of the real property.' Based on the aforementioned provision of law, you should review your rent contract, as it may include specific clauses pertaining to painting. If your contract is silent or states that the landlord should paint, then you may reach out to your landlord. If there is no response from the landlord, in that case, you may consider raising the issue and filing a complaint with the Dubai Rental Dispute Centre, which has the authority to address disputes between landlords and tenants.
Wall Street Journal
13-06-2025
- Business
- Wall Street Journal
House of the Week: The Yellowest Home in Indianapolis
Matt Morarity was living in Indianapolis when he decided to invest in a fixer-upper. He purchased a circa-1882 Italianate-style house in the city's Old Northside neighborhood for $300,000 in 2008. The exterior was painted a two-toned brown color with dark green trim. 'It looked like a state park building,' says Morarity, who oversees product development for an Indianapolis-based real-estate company.
South China Morning Post
09-06-2025
- Business
- South China Morning Post
‘Landmark kid': Japan dad spends US$700,000 to advertise son's photos to share cuteness
A Japanese father who runs a real estate company has gone viral for spending 100 million yen (US$700,000) to plaster advertisements bearing his son's photos on footbridges, buses and convenience stores. The boy, who is known as Yu-kun, is well known in the Adachi area of Tokyo and has been affectionately dubbed 'The Landmark Kid' by local residents. His smiling image is everywhere, from massive footbridge banners and parking signs to city buses. One of the huge adverts featuring an image of Yu-kun as a young boy. Photo: His image even appears in convenience store windows. Yu-kun is not a child star, a model or a prodigy, he is simply the son of a real estate company owner who thought his child was so adorable that the entire city deserved to see him. 'My son was just too adorable when he was little. I thought, all of Tokyo should know,' his father said. To make that happen he turned his son's funniest childhood photos into a full-blown advertising campaign, creating more than 10 different versions in total. To date, he has spent nearly 100 million yen on the advertisements.
CBC
09-05-2025
- Business
- CBC
Real estate company buys historic Fredericton jail
A Fredericton real estate company has purchased the former York County jail for $800,000 and has listed it for rent for $8,500 per month.
