The 1 Year Lease Agreement is essential for formalizing residential tenancy arrangements in Saudi Arabia, whether for individual tenants or corporate housing purposes. This document is specifically designed to comply with Saudi Arabian real estate regulations, Sharia law principles, and the mandatory Ejar electronic registration system. It covers all crucial aspects of the landlord-tenant relationship, including rent payments, maintenance obligations, and dispute resolution procedures. The agreement is particularly relevant in the context of Saudi Arabia's evolving real estate market and Vision 2030 reforms, providing a structured framework for residential leasing while ensuring legal compliance and protection for all parties involved. It includes provisions for security deposits, utility responsibilities, and property maintenance, aligned with local market practices and regulatory requirements.
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1. Parties: Identification of landlord and tenant with full legal names, ID numbers, and contact details as required by Saudi law
2. Background: Brief context of the lease arrangement and property ownership
3. Definitions: Key terms used throughout the agreement including Property, Term, Rent, and other relevant definitions
4. Property Details: Comprehensive description of the leased property including address, size, and included fixtures/fittings
5. Term and Renewal: Duration of lease (1 year), start and end dates, and any renewal provisions
6. Rent and Payment Terms: Rent amount, payment schedule, method of payment, and late payment consequences
7. Security Deposit: Amount, payment terms, conditions for return, and permitted deductions
8. Utilities and Services: Responsibility for utility connections, payments, and maintenance services
9. Tenant Obligations: Maintenance responsibilities, permitted use, occupancy rules, and other tenant duties
10. Landlord Obligations: Maintenance responsibilities, property access rules, and other landlord duties
11. Insurance: Required insurance coverage for both parties
12. Termination: Grounds for termination, notice requirements, and consequences
13. Governing Law: Reference to Saudi law and Sharia principles governing the agreement
14. Dispute Resolution: Process for resolving disputes through the Rental Disputes Resolution Committee
15. Execution: Signature blocks and witnessing requirements
1. Furniture and Appliances: Detailed section used when the property is leased furnished, listing all items included
2. Modifications and Improvements: Section needed when tenant is permitted to make alterations to the property
3. Subletting and Assignment: Include when subletting might be permitted under specific conditions
4. Pet Policy: Required when pets are allowed in the property
5. Multiple Occupancy: Include when property will be occupied by multiple tenants or families
6. Special Usage Terms: Required for properties with specific usage restrictions or requirements
7. Building Rules: Include for apartments or units within managed communities
1. Schedule 1 - Property Floor Plan: Detailed floor plan and property measurements
2. Schedule 2 - Inventory List: Detailed list of furniture, appliances, and fixtures if property is furnished
3. Schedule 3 - Property Condition Report: Detailed description of property condition at start of lease
4. Schedule 4 - Building Rules and Regulations: For properties in managed buildings or compounds
5. Schedule 5 - Maintenance Schedule: Regular maintenance requirements and schedules
6. Appendix A - Utility Transfer Forms: Required forms for transferring or connecting utilities
7. Appendix B - Ejar Registration Documents: Documentation required for mandatory Ejar platform registration
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Residential Property
Property Management
Housing
Corporate Housing
Legal Services
Property Investment
Facility Management
Real Estate Development
Relevant Teams
Legal
Real Estate
Facilities Management
Property Management
Corporate Housing
Compliance
Operations
Contract Administration
Housing Administration
Risk Management
Relevant Roles
Real Estate Manager
Property Manager
Legal Counsel
Housing Coordinator
Facilities Manager
Leasing Agent
Real Estate Agent
Corporate Housing Manager
Compliance Officer
Legal Administrator
Property Administrator
Housing Manager
Tenant Relations Manager
Real Estate Operations Director
Contract Administrator
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