The Licence Agreement Property is a crucial legal instrument in Saudi Arabia used to formalize arrangements where one party grants another the right to use a property for specific purposes without transferring ownership. This document is essential in various commercial and residential contexts, particularly where full lease arrangements are not desired or permitted. The agreement must comply with Saudi Arabian law, including relevant Royal Decrees, Ministry of Municipal and Rural Affairs regulations, and Sharia principles. It typically includes detailed terms about property usage, maintenance obligations, payment structures, and compliance requirements. This type of agreement is commonly used for temporary property usage, specialized commercial purposes, or when regulatory requirements preclude traditional lease arrangements. The document serves to protect both parties' interests while ensuring compliance with local property laws and Islamic financial principles.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the Licensor and Licensee with full legal names and details as registered with relevant Saudi authorities
2. Background: Context of the agreement including property details and purpose of the license
3. Definitions: Detailed definitions of terms used throughout the agreement, including Arabic terms where relevant
4. Grant of License: Specific rights being granted, scope, and limitations of use
5. Term and Renewal: Duration of the license and conditions for renewal
6. License Fee and Payment Terms: Financial terms, payment schedule, and Sharia-compliant payment mechanisms
7. Obligations of the Licensor: Responsibilities and commitments of the property owner
8. Obligations of the Licensee: Responsibilities, permitted use, and restrictions on the licensee
9. Maintenance and Repairs: Responsibilities for property maintenance and repair obligations
10. Compliance with Laws: Requirements to comply with Saudi laws, regulations, and Sharia principles
11. Insurance: Insurance requirements and obligations
12. Termination: Grounds and process for termination of the license
13. Notices: Process for formal communications between parties
14. Governing Law and Jurisdiction: Confirmation of Saudi law application and dispute resolution mechanism
1. Security Deposit: Terms for security deposit if required - optional based on agreement value and risk assessment
2. Utilities and Services: Responsibility for utilities and additional services - optional if not relevant to property type
3. Sublicensing Rights: Terms for sublicensing if permitted - optional based on business needs
4. Force Majeure: Provisions for unforeseen circumstances - optional but recommended
5. Environmental Compliance: Environmental obligations - optional depending on property type and use
6. Property Modifications: Terms for making changes to the property - optional based on license type
7. Guarantees: Additional guarantees or warranties - optional based on transaction value
8. Islamic Finance Compliance: Specific Sharia compliance provisions - optional if standard terms sufficient
1. Schedule 1 - Property Description: Detailed description of the licensed property including location, boundaries, and features
2. Schedule 2 - Payment Schedule: Detailed breakdown of license fees, payment dates, and payment methods
3. Schedule 3 - Permitted Use: Specific details of allowed activities and use restrictions
4. Schedule 4 - Maintenance Schedule: Detailed maintenance responsibilities and schedules
5. Schedule 5 - Property Rules and Regulations: Specific rules governing the use of the property
6. Appendix A - Property Plans: Floor plans, site maps, or other relevant property drawings
7. Appendix B - Required Permits: Copies or lists of required governmental permits and licenses
8. Appendix C - Condition Report: Initial condition assessment of the property
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Commercial Property
Retail
Manufacturing
Hospitality
Healthcare
Education
Logistics
Warehousing
Office Space
Industrial
Technology Parks
Mixed-use Development
Religious Facilities
Entertainment Venues
Relevant Teams
Legal
Real Estate
Operations
Facilities Management
Compliance
Risk Management
Finance
Business Development
Property Management
Asset Management
Contract Administration
Islamic Finance
Relevant Roles
Property Manager
Real Estate Director
Legal Counsel
Facilities Manager
Operations Director
Commercial Director
Compliance Officer
Contract Manager
Real Estate Investment Manager
Asset Manager
Property Development Manager
Chief Operating Officer
Business Development Manager
Risk Management Officer
Islamic Finance Advisor
Find the exact document you need
Legal License Agreement
A Saudi Arabian-compliant agreement governing the grant of rights from a licensor to a licensee, structured to meet both commercial and Sharia law requirements.
find out more
Under Exclusive License To Record Label
An exclusive recording agreement template compliant with Saudi Arabian law and Sharia principles, governing the relationship between record labels and artists.
find out more
Individual Contributor License Agreement
A Saudi Arabian law-governed agreement that establishes terms for individual contributors to grant intellectual property rights for their project contributions to an organization.
find out more
Occupancy License Agreement
A Saudi Arabian-governed agreement establishing terms for temporary property occupancy and use, compliant with local regulations and Sharia law.
find out more
Master Toy License
A Saudi Arabian law-governed agreement granting rights to manufacture and distribute licensed toys, ensuring compliance with local regulations and Sharia principles.
find out more
Copyright Agreement
A legal agreement for copyright transfer or licensing under Saudi Arabian law, complying with local copyright legislation and Sharia principles.
find out more
Lease & License Agreement
A Saudi Arabian law-governed agreement combining property lease rights with commercial licensing provisions, compliant with local regulations and Sharia principles.
find out more
Content Usage Agreement
A Saudi Arabian law-governed agreement defining terms for content usage, licensing, and distribution, ensuring compliance with local regulations including Sharia law.
find out more
Standard Software License Agreement
A Saudi law-governed agreement establishing terms for software licensing, including usage rights, fees, and compliance with local regulations.
find out more
Non Commercial Use License
A Saudi Arabian law-compliant license agreement for non-commercial use of intellectual property, suitable for educational, research, or personal purposes.
find out more
Common Development And Distribution License
A Saudi Arabia-compliant Common Development and Distribution License agreement for open-source software development and distribution, aligned with Sharia law and local regulations.
find out more
Software License For Non Commercial Use
A Saudi Arabian law-compliant software license agreement for non-commercial use, suitable for academic, research, and personal applications.
find out more
Perpetual Use License
A Saudi Arabian law-governed perpetual use license agreement granting permanent rights to use intellectual property while ensuring compliance with local regulations and Shariah principles.
find out more
Trademark Agreement
A Saudi law-governed Trademark Agreement establishing trademark licensing rights and obligations between owner and licensee, compliant with Saudi and GCC trademark regulations.
find out more
Technology License Agreement
A Saudi Arabian law-governed agreement establishing terms for technology licensing between a licensor and licensee, including usage rights, technical specifications, and compliance requirements.
find out more
Software Installation Agreement
A Saudi law-governed agreement outlining terms and conditions for software installation, including technical specifications, implementation requirements, and regulatory compliance.
find out more
Royalty Bearing License
A Saudi Arabian law-governed agreement for licensing intellectual property rights in exchange for royalty payments, incorporating local legal requirements and Sharia principles.
find out more
Revocable License To Use Property
A Saudi Arabian law-compliant agreement granting temporary, revocable permission to use property while maintaining owner's control rights.
find out more
Rent A Room Licence Agreement
A Saudi Arabian law-compliant agreement establishing terms and conditions for room rental, including occupancy rights, payments, and house rules.
find out more
Master Use License
A Saudi Arabian law-governed agreement establishing terms for software/technology licensing and usage, ensuring compliance with local regulations and Sharia principles.
find out more
License Agreement Term Sheet
A preliminary document under Saudi Arabian law outlining key terms for a proposed licensing arrangement, serving as the basis for a full license agreement.
find out more
Licence Rental Agreement
A Saudi Arabian-compliant agreement governing the rental and licensing of commercial space, combining property usage rights with business operational permissions.
find out more
Licence Agreement Property
A Saudi Arabian property license agreement establishing usage rights and terms between property owner and user, governed by Saudi law and Sharia principles.
find out more
Master License Agreement
A Saudi law-governed agreement establishing comprehensive licensing terms for intellectual property, technology, or software usage and commercialization.
find out more
Manufacturing License Agreement
A Saudi law-governed agreement authorizing licensed manufacturing rights and technical know-how transfer, incorporating local regulations and Sharia compliance.
find out more
International License Agreement
Saudi Arabian law-governed agreement for international licensing of intellectual property or technology rights, combining Sharia compliance with modern commercial standards.
find out more
Corporate License Agreement
A Saudi law-governed agreement establishing terms for corporate licensing of intellectual property or technology, ensuring compliance with local regulations and Sharia principles.
find out more
Video Licensing Agreement
A Saudi Arabian law-governed agreement establishing terms for video content licensing, addressing rights, restrictions, and compliance with local regulations.
find out more
Trademark Use Agreement
A Saudi Arabian law-governed agreement authorizing and regulating the use of trademarks between owners and licensees, incorporating local legal and Sharia requirements.
find out more
Software Usage Agreement
A Saudi Arabian law-governed agreement defining software usage terms, licensing conditions, and compliance requirements under local regulations and Shariah law.
find out more
Proprietary Software Licence
A Saudi Arabian law-governed agreement for licensing proprietary software, establishing usage rights, obligations, and compliance requirements.
find out more
Permission Agreement
A Saudi law-governed agreement granting specific rights or authority from one party to another, structured to comply with Sharia principles and local regulations.
find out more
Music Licensing Contract
A music licensing agreement under Saudi Arabian law that governs the authorized use and distribution of musical works while ensuring compliance with local regulations and cultural requirements.
find out more
Licence To Occupy Residential Property
A Saudi law-compliant agreement granting temporary rights to occupy residential property, suitable for corporate and individual housing arrangements.
find out more
Licence To Occupy
A Saudi Arabian law-compliant agreement granting temporary property occupation rights without creating a lease relationship, structured according to local legal and Shariah requirements.
find out more
Lease And Licence Agreement
A Saudi Arabia-compliant agreement combining property lease terms with associated licensing arrangements, suitable for commercial property transactions within the Kingdom.
find out more
Image Licensing Agreement
A Saudi Arabian law-governed agreement establishing terms and conditions for image licensing, usage rights, and associated fees while ensuring compliance with local copyright laws.
find out more
Content Licensing Agreement
A Saudi Arabian law-governed agreement establishing terms for content licensing, incorporating local regulatory requirements and Sharia principles.
find out more
Brand Licensing Agreement
A Saudi Arabian law-governed agreement authorizing the use of brand assets and intellectual property between a licensor and licensee, ensuring compliance with local regulations and Sharia principles.
find out more
Licensee And Licensor Agreement
A Saudi Arabian law-governed agreement establishing terms and conditions between a licensor and licensee for the authorized use of intellectual property or proprietary assets.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)