Document background
The Dissolution Of Lease Agreement is a crucial document used when parties to a lease in Saudi Arabia mutually agree to terminate their rental arrangement before the original end date, or when documenting the formal end of a lease term. This document ensures compliance with Saudi Arabian law, including the Saudi Lease Law and Sharia principles, while protecting both parties' interests. It becomes necessary when circumstances require early termination, such as business relocations, property sales, or mutual agreement to end the lease. The agreement includes essential elements such as financial settlements, property handover procedures, and mutual releases, all documented in accordance with Saudi legal requirements and the Ejar electronic registration system. It serves as official evidence of the lease termination and helps prevent future disputes by clearly outlining the terms of dissolution.
