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1. Parties: Identification of the Landlord and Tenant with full legal names, addresses, and contact details
2. Background: Reference to the original tenancy agreement, its date, property details, and brief context for termination
3. Definitions: Key terms used in the agreement including 'Termination Date', 'Property', 'Original Agreement', etc.
4. Termination Declaration: Formal statement of termination, specifying the effective date and mutual agreement of parties
5. Property Handover: Terms and conditions for returning the property, including inspection requirements and condition standards
6. Financial Settlement: Details of final rent payment, security deposit return, and settlement of any outstanding utility bills
7. Release and Discharge: Mutual release from obligations under the original tenancy agreement post-termination
8. Governing Law: Confirmation that the termination is governed by Saudi Law and Sharia principles
9. Execution: Signature blocks and execution requirements for all parties
1. Early Termination Penalties: Include when termination occurs before the original lease end date, specifying any applicable penalties
2. Damage Resolution: Include when there are specific property damages to be addressed or repaired
3. Maintenance Obligations: Include when there are outstanding maintenance issues to be resolved
4. Third Party Rights: Include when there are relevant third parties (e.g., guarantors) affected by the termination
5. Dispute Resolution: Include when specific dispute resolution mechanisms need to be established
1. Schedule 1 - Property Inventory: Detailed inventory and condition report of the property at termination
2. Schedule 2 - Outstanding Payments: List of any outstanding payments, utilities, or other financial obligations
3. Schedule 3 - Handover Checklist: Checklist of items to be completed before and during property handover
4. Appendix A - Property Photographs: Photographic evidence of property condition at termination
5. Appendix B - Utility Account Details: Details of utility accounts for transfer or termination
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