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Lease Termination Agreement By Landlord for Saudi Arabia

Lease Termination Agreement By Landlord Template for Saudi Arabia

A comprehensive legal document governed by Saudi Arabian law and Sharia principles, designed to formally terminate a lease agreement at the landlord's initiative. This agreement outlines the terms and conditions for ending the tenancy, including notice periods, property handover requirements, settlement of outstanding obligations, and security deposit arrangements. The document ensures compliance with Saudi rental regulations, including Ejar system requirements, while protecting the rights and obligations of both parties during the termination process.

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What is a Lease Termination Agreement By Landlord?

The Lease Termination Agreement By Landlord is a crucial document used in Saudi Arabia when a property owner wishes to legally end a tenancy agreement before its natural conclusion or at term end. This document must comply with Saudi Arabian law, including the Saudi Rental Law of 2014 and Sharia principles, while adhering to Ejar system requirements. It is typically employed when the landlord has valid grounds for termination, such as property sale, major renovations, or tenant breaches. The agreement comprehensively covers termination terms, notice periods, property handover procedures, utility settlements, and security deposit arrangements. It serves as a legal record of the termination process and helps prevent future disputes by clearly documenting all parties' rights and obligations during the lease termination process.

What sections should be included in a Lease Termination Agreement By Landlord?

1. Parties: Identification of the Landlord and Tenant, including full legal names, national ID numbers/CR numbers, and contact details

2. Background: Brief description of the existing lease agreement, including its date, property details, and reference to registration in the Ejar system

3. Definitions: Key terms used in the agreement including Property, Termination Date, Original Lease, and any other relevant defined terms

4. Termination Notice: Formal declaration of lease termination, specifying the termination date and grounds for termination

5. Property Vacation: Requirements and timeline for the tenant to vacate the property, including condition requirements

6. Final Inspection: Process and requirements for the final property inspection and documentation of condition

7. Security Deposit: Terms for the return or withholding of the security deposit, including deductions for damages or unpaid amounts

8. Settlement of Accounts: Provisions for settling all outstanding rent, utility bills, and other charges

9. Handover Requirements: Specific requirements for returning keys, access cards, and other property-related items

10. Governing Law: Reference to Saudi law and Sharia principles as governing law

11. Execution: Signature blocks and execution requirements compliant with Saudi law

What sections are optional to include in a Lease Termination Agreement By Landlord?

1. Maintenance Obligations: Include when there are specific maintenance issues that need to be addressed before vacation

2. Outstanding Improvements: Include when dealing with tenant improvements or modifications that need to be addressed

3. Dispute Resolution: Include when parties wish to specify a particular dispute resolution mechanism beyond standard court proceedings

4. Mutual Release: Include when parties agree to release each other from future claims

5. Confidentiality: Include when parties wish to keep the termination terms confidential

6. Force Majeure: Include when termination is related to extraordinary circumstances

7. Third Party Rights: Include when there are subtenants or other third parties with rights that need to be addressed

What schedules should be included in a Lease Termination Agreement By Landlord?

1. Property Inventory: Detailed list of property fixtures, fittings, and current condition

2. Utility Accounts: List of all utility accounts and their current status

3. Outstanding Payments Schedule: Detailed breakdown of any outstanding payments or credits

4. Handover Checklist: Comprehensive checklist for property handover requirements

5. Original Lease Details: Copy or key details of the original lease agreement

6. Photographic Evidence: Current photographs of the property condition

7. Ejar Registration Documents: Copies of relevant Ejar system registration documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Saudi Arabia

Publisher

Ƶ

Cost

Free to use
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Relevant Industries

Real Estate

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Legal

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Operations

Facilities Management

Asset Management

Compliance

Risk Management

Contract Administration

Leasing

Relevant Roles

Property Manager

Real Estate Manager

Legal Counsel

Property Owner

Asset Manager

Facilities Manager

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Leasing Manager

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Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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