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A Property Management Agreement spells out the relationship between property owners and the professional managers they hire to handle their real estate in Saudi Arabia. This contract gives property managers the authority to collect rent, maintain the property, and handle tenant issues while following the Kingdom's Real Estate laws.

Under Saudi regulations, these agreements must clearly state the manager's duties, compensation structure, and service term. They protect both parties by defining exactly what services the manager will provide - from basic maintenance to marketing vacant units - and how they'll comply with Shariah-compliant practices in areas like tenant screening and financial transactions.

Use a Property Management Agreement when you're ready to hand over the day-to-day management of your real estate investments in Saudi Arabia to a professional manager. This becomes essential when managing multiple properties, dealing with foreign investors, or expanding your portfolio beyond what you can personally oversee.

The agreement proves particularly valuable for properties requiring specialized attention, like commercial complexes or large residential developments. It establishes clear boundaries and responsibilities, especially important under Saudi law where property managers must follow strict Shariah-compliant practices and meet specific licensing requirements from the Ministry of Municipal and Rural Affairs.

• Property Management Agreement With Owner: Comprehensive agreement covering full property management services, including maintenance, tenant relations, and financial reporting according to Saudi standards
• Landlord And Property Manager Agreement: Focuses on delegation of specific landlord duties while maintaining owner oversight, ideal for partial management arrangements
• Leasing Agent Contract: Specialized agreement for tenant procurement and lease administration only, common in commercial properties and retail centers under Saudi commercial law

• Property Owners: Including individual investors, real estate companies, and family offices who need professional management of their Saudi properties
• Licensed Property Managers: Saudi-registered professionals or companies authorized by REGA (Real Estate General Authority) to manage properties
• Legal Counsel: Saudi-qualified lawyers who draft and review agreements to ensure Shariah compliance and protect client interests
• Real Estate Brokers: Licensed intermediaries who often coordinate between owners and property managers
• Ministry Officials: Government representatives who oversee licensing and ensure compliance with Saudi property management regulations

• Property Details: Gather complete property information, including title deeds, location, and current condition documentation
• Manager Credentials: Verify the property manager's REGA license and Shariah-compliant operational certificates
• Service Scope: List specific management duties, maintenance responsibilities, and reporting requirements
• Financial Terms: Define management fees, expense limits, and payment schedules aligned with Saudi banking practices
• Legal Requirements: Our platform ensures your agreement includes all mandatory elements under Saudi law, minimizing compliance risks
• Authorization Levels: Specify spending limits and decision-making authority for routine and emergency situations

• Party Details: Full legal names, commercial registration numbers, and authorized representatives of both owner and manager
• Property Description: Detailed specification of managed properties, including title deed numbers and exact locations
• Scope of Services: Comprehensive list of management duties aligned with REGA requirements
• Financial Terms: Management fees, payment schedules, and expense limits in Saudi Riyals
• Duration and Renewal: Clear term length and automatic renewal conditions
• Shariah Compliance: Explicit statement of adherence to Islamic financial principles
• Termination Rights: Specific grounds for contract termination under Saudi law
• Dispute Resolution: Saudi courts' jurisdiction and arbitration procedures

Property Management Agreements differ significantly from Facilities Management Agreement in several key aspects under Saudi law. While both involve managing real estate assets, their scope and focus vary considerably.

• Scope of Services: Property Management Agreements focus on tenant relations, rent collection, and property marketing, while Facilities Management Agreements primarily deal with building systems, maintenance, and technical operations
• Regulatory Framework: Property Management requires REGA licensing and strict compliance with Saudi real estate laws, whereas Facilities Management falls under industrial and commercial regulations
• Financial Structure: Property Management typically involves handling rental income and tenant deposits, while Facilities Management usually operates on fixed-fee or cost-plus arrangements
• Risk Allocation: Property Managers take on tenant-related risks and rental guarantees, while Facility Managers primarily handle operational and maintenance risks