The Rental And Lease Agreement serves as a fundamental legal instrument in Saudi Arabia's real estate sector, essential for both residential and commercial property transactions. This document is required whenever a property owner (lessor) grants temporary possession and use rights to another party (lessee) in exchange for periodic payments. It must comply with Saudi Arabia's comprehensive regulatory framework, including the Ejar electronic rental services network, recent real estate reforms under Saudi Vision 2030, and traditional Shari'ah principles. The agreement typically covers property specifications, payment terms, maintenance obligations, usage restrictions, and dispute resolution procedures, while ensuring all parties' rights are protected under Saudi law. It's particularly important given the recent modernization of Saudi Arabia's real estate sector and the increasing focus on documented, transparent rental relationships.
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1. Parties: Identification of lessor and lessee with full legal names, contact details, and identification numbers as required by Saudi law
2. Background: Context of the rental agreement and brief description of the property
3. Definitions: Key terms used throughout the agreement, including Arabic legal terms where relevant
4. Property Details: Comprehensive description of the rental property, including address, specifications, and condition
5. Term and Commencement: Duration of lease, start date, and end date, including any renewal provisions
6. Rent and Payment Terms: Rental amount, payment schedule, security deposit, and payment methods compliant with Saudi banking regulations
7. Use of Property: Permitted uses of the property and restrictions in accordance with Saudi law and local regulations
8. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance and repairs as per Saudi rental laws
9. Utilities and Services: Responsibility for utility connections, payments, and service charges
10. Insurance and Liability: Insurance requirements and allocation of risks between parties
11. Termination Rights: Conditions for early termination and notice requirements under Saudi law
12. Default and Remedies: Events of default and available remedies under Saudi law
13. Governing Law and Jurisdiction: Application of Saudi law and specification of dispute resolution mechanisms
1. Property Management: Required for properties within managed communities or buildings, detailing management rules and charges
2. Fit-out Works: Needed for commercial properties or residential properties requiring tenant modifications
3. Operating Hours: Required for commercial properties, specifying permitted business hours
4. Assignment and Subletting: Optional section for properties where transfer of rights might be permitted
5. Force Majeure: Optional but recommended section dealing with extraordinary circumstances
6. Environmental Compliance: Required for industrial or commercial properties with potential environmental impact
7. Special Conditions: For any property-specific requirements or unique arrangements between parties
1. Property Floor Plan: Detailed plan showing the leased area and its boundaries
2. Inventory List: List of fixtures, fittings, and furniture included in the lease
3. Service Charges Breakdown: Detailed breakdown of any service charges applicable
4. Maintenance Schedule: Schedule of regular maintenance responsibilities and timelines
5. Handover Protocol: Document recording property condition at commencement of lease
6. Building Rules and Regulations: Applicable building rules and community guidelines
7. Ejar Registration Requirements: Documentation required for mandatory Ejar system registration
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Real Estate
Retail
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Industrial
Hospitality
Healthcare
Education
Manufacturing
Logistics
Financial Services
Technology
Professional Services
Food and Beverage
Entertainment
Residential
Relevant Teams
Legal
Real Estate
Facilities Management
Operations
Finance
Compliance
Risk Management
Corporate Services
Administration
Property Management
Asset Management
Contract Management
Relevant Roles
Real Estate Manager
Property Manager
Facilities Manager
Legal Counsel
Contract Administrator
Operations Manager
Asset Manager
Business Development Manager
Commercial Director
Compliance Officer
Finance Manager
Real Estate Agent
Leasing Manager
Property Administrator
Risk Manager
Corporate Services Manager
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