Business Law – Intellectual Property

It is stated by the law that the owner of an invention has an exclusive proprietary right over it. Therefore a book may be considered an intellectual property, and its author may have the rightful ownership over it. UAE law prohibits publishing or providing such intellectual property to the public directly or indirectly, unless one has owner’s prior consent. Accordingly, if someone publishes a book without owner’s consent, the applicable punishment according to the UAE law is two month imprisonment, or a monetary fine raging from AED 20,000 to AED 50,000 or both.

The author also has the right to choose how this property will be published, unless he waives his right to ownership. In addition, any change to the author’s intellectual property is considered illegal and the author will have the right to contest such an act. However, changes in translation that may take place during the translation are not considered illegal as long as the translator refers to it.

It is important to consider that if the intellectual property is given to the public by the author, then there will be no crime against who publishes it beside him as long as the latter did no change its subject or its author. This was stipulated through Dubai‚Äôs criminal court of cassation when it sentenced that, “there is no charge to be considered against the respondent, as the claimants had put the songs records [which were the subject of such dispute] on the internet and gave a free access to the public to it”.

Hiring A Property Management Company

Managing a property can be a full-time job, especially if the property owner has multiple properties. For property owners who offer their property for rental, much of this work includes maintaining the home for the tenants. For instance, every jurisdiction has certain requirements and housing codes for rental homes that must be met in order to continue to offer the home for renal. Any code violations gives the tenant the right to break their lease and vacant the premises, which can create serious problems for the homeowner.

This is perfectly fine for those who have chosen to concentrate exclusively on managing their properties. However, this is only an added stress for those who have other jobs or responsibilities. This is where a property management company comes in handy. A property management company will take on the responsibility of maintaining the property and collecting rental payments on behalf of the owner. In addition, the property management company will also screen potential tenants and complete the necessary paperwork in order to get the property rented. Typically, the company will charge a small percentage of the month rent as payment for carrying out these responsibilities.

Finding the right property management company can be very simple. In fact, many real estate companies offer property management services to many of their clients. This need for property management has become a more popular option for homeowners who have property that they cannot sell.

Many times, when a home is in the housing market for too long, the homeowner may choose to turn it into a rental to avoid a mortgage payment that they cannot afford. In turn, the real estate can offer the home for rental or sale, depending on the homeowners needs. HoweverScience Articles, many real estate companies can are only equipped to offer tenant selection and rent collection services. It may be up to the homeowner to maintain the property.