All leases or contracts must be registered with it with a management fee Next Service helps to calculate the leases according to the following example of the contract registration fee; The value of the rents of the rental contracts is calculated as follows: (value of the monthly rent × duration of the contract) × 5%. MUSCAT: The municipality of Muscat has warned owners who rent their real estate without registering the agreements to bypass the 5% administrative fee. Example: If the monthly rent is 100 RO for a period of one year (100 * 12 months)* 0.05 = The site of the municipality of Muscat offers this service, renewal _a lease application Note: In case of registration of the contract and non-payment of the fees indicated during the period of one month, it is necessary to pay a mooring room equal to three times the indicated costs. Individual landlords don`t want rental agreements to be signed. Low-wage expats opt for housing where the rent is set at a favorable price and is relatively cheap. “In some cases, they don`t show the actual amount of rent in relations with tenants,” he said, adding, “The municipality is currently dealing with many cases of undocumented leases.” Among the services provided by the services related to leases are the following: “This type of tax evasion has an impact on the collection of revenues that reach the municipality,” says the statement published in its Twitter manual. Regarding the declaration, a municipal official said that the number of cases of tax evasion has increased in the recent past. The rental right in the sultanate provides that the lessor must declare the lease to the competent municipality and pay the registration fees. Since the law provides tenants with important protection, including rent controls and eviction protection, although the obligation to register the lessor is the responsibility of the lessor, it is generally the tenant`s responsibility to ensure that this contract is duly registered with the municipal authorities. . However, the parties may agree to transfer this responsibility to the lessee and, in any event, the lessee has the right to register the lease if the lessor does not do so. 2020 © All rights reserved to Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc.
(Syndigate.info). . . .