The Rental Contract serves as a legally binding agreement between property owners and tenants in Saudi Arabia, establishing their rights and obligations in accordance with Saudi law and Sharia principles. This document is essential for any property rental transaction in the Kingdom, whether residential or commercial, and must be registered on the Ejar platform as per current regulations. It includes critical information such as property details, rental terms, payment schedules, maintenance responsibilities, and dispute resolution mechanisms. The contract ensures compliance with Saudi Arabia's recent rental reforms while protecting both parties' interests through clear terms and conditions. This document is particularly important given Saudi Arabia's growing real estate market and the government's focus on regulating and standardizing rental relationships.
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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: Context of the rental agreement and brief description of the property
3. Definitions: Key terms used throughout the agreement defined for clarity
4. Property Details: Comprehensive description of the rental property, including address, size, and included fixtures
5. Term and Renewal: Duration of the lease, commencement date, and renewal terms
6. Rent and Payment Terms: Rental amount, payment schedule, method of payment, and security deposit details
7. Utilities and Services: Responsibility for utility payments and included services
8. Use of Property: Permitted use of the property and any restrictions
9. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance and repairs
10. Insurance and Liability: Insurance requirements and allocation of risks
11. Termination: Conditions and procedures for early termination
12. Dispute Resolution: Process for resolving disputes in accordance with Saudi law
13. Governing Law: Confirmation of Saudi law and Sharia compliance
14. Notices: Methods and addresses for official communications between parties
1. Subletting: Terms for subletting, if permitted - include when subletting might be considered
2. Fit-out Works: Terms for tenant modifications - include for commercial properties or when renovations are planned
3. Property Management: Details of property management company - include when a third-party manager is involved
4. Special Usage Terms: Specific terms for commercial or mixed-use properties - include for non-residential rentals
5. Multiple Occupancy: Terms for multiple tenants - include when property is shared
6. Parking Arrangements: Specific parking rights and restrictions - include when parking is a significant feature
7. Common Areas: Rules for shared facilities - include for apartments or commercial buildings with common areas
1. Property Inventory: Detailed list of furniture, appliances, and fixtures included in the rental
2. Property Condition Report: Documentation of property condition at commencement of lease
3. Floor Plans: Detailed plans showing layout and dimensions of the property
4. Building Rules: Specific rules and regulations for the building or compound
5. Service Charges Schedule: Breakdown of any additional service charges or maintenance fees
6. Utility Readings: Initial utility meter readings at handover
7. Maintenance Schedule: Schedule of regular maintenance activities and responsibilities
8. Required Permits: Copies of relevant permits and certificates required by Saudi authorities
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Residential Property
Commercial Property
Retail
Hospitality
Industrial
Office Space
Mixed-Use Development
Healthcare
Education
Logistics
Warehousing
Relevant Teams
Legal
Real Estate
Facilities Management
Operations
Compliance
Risk Management
Corporate Services
Property Management
Asset Management
Contract Administration
Business Development
Regional Operations
Relevant Roles
Real Estate Manager
Property Manager
Legal Counsel
Compliance Officer
Facilities Manager
Asset Manager
Leasing Manager
Operations Director
Contract Administrator
Real Estate Agent
Business Development Manager
Corporate Services Manager
Regional Manager
Risk Manager
Housing Coordinator
Tenant Relations Manager
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