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Rent Payment Contract Template for Saudi Arabia

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Rent Payment Contract

"I need a Rent Payment Contract for a commercial warehouse in Riyadh, with quarterly payments starting March 2025, that includes electronic payment through SAMA-approved channels and registration on the Ejar platform."

Document background
The Rent Payment Contract serves as a crucial legal instrument in Saudi Arabia's real estate sector, establishing the financial obligations and payment terms between parties in a rental relationship. This document is essential when formalizing rental arrangements and must comply with Saudi Arabia's comprehensive regulatory framework, including the Saudi Tenancy Law, Shariah principles, and the Ejar system requirements. The contract typically details payment amounts, schedules, methods, penalties for late payment, and security deposit arrangements. It's particularly important given Saudi Arabia's recent modernization of its real estate sector and the introduction of electronic payment and registration systems. The document is used across various property types, from residential to commercial, and must be registered with relevant authorities to ensure legal enforceability.
Suggested Sections

1. Parties: Identification of landlord and tenant with full legal names, addresses, and ID/registration numbers as required by Saudi law

2. Background: Brief context of the rental agreement and property transaction

3. Definitions: Key terms used throughout the agreement including Property, Term, Rent, and other relevant definitions

4. Property Details: Detailed description of the rental property including address, size, and permitted use

5. Term and Renewal: Duration of the lease, commencement date, and renewal terms

6. Rent and Payment Terms: Rent amount, payment schedule, method of payment, and late payment consequences

7. Security Deposit: Amount, payment terms, and conditions for return of the security deposit

8. Utilities and Services: Responsibility for utility payments and essential services

9. Maintenance and Repairs: Obligations of both parties regarding property maintenance and repairs

10. Use of Property: Permitted use of property and restrictions

11. Insurance: Required insurance coverage for both parties

12. Termination: Conditions and process for early termination

13. Governing Law and Jurisdiction: Confirmation of Saudi law application and dispute resolution process

14. Execution: Signature blocks and attestation requirements

Optional Sections

1. Subletting and Assignment: Terms for subletting or assigning the lease, if permitted

2. Fit-out and Alterations: Terms for making modifications to the property, typically included for commercial properties

3. Force Majeure: Provisions for unforeseen circumstances preventing contract performance

4. Property Management: Details of property management arrangements if applicable

5. Guarantees: Additional guarantee requirements for rent payment

6. Option to Purchase: Terms for tenant's right to purchase property, if applicable

7. Special Conditions: Any specific requirements or conditions unique to the property or parties

Suggested Schedules

1. Property Description Schedule: Detailed description of property including floor plans and photographs

2. Inventory Schedule: List of furniture, fixtures, and equipment included in the rental

3. Payment Schedule: Detailed breakdown of rent payments, due dates, and payment methods

4. Maintenance Schedule: Detailed list of maintenance responsibilities for both parties

5. Property Condition Report: Documentation of property condition at commencement of lease

6. Building Rules and Regulations: If applicable, rules governing use of common areas and facilities

7. Utilities Schedule: Detailed breakdown of utility responsibilities and payment arrangements

Authors

Alex Denne

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

Relevant legal definitions




































Clauses






























Relevant Industries

Real Estate

Residential Property

Commercial Property

Industrial Property

Retail

Office Space

Hospitality

Healthcare

Education

Manufacturing

Logistics

Warehouse

Relevant Teams

Legal

Real Estate

Finance

Operations

Compliance

Property Management

Facilities Management

Treasury

Accounts Receivable

Asset Management

Relevant Roles

Property Manager

Real Estate Manager

Legal Counsel

Contract Administrator

Facilities Manager

Finance Director

Real Estate Agent

Leasing Manager

Operations Manager

Compliance Officer

Asset Manager

Real Estate Investment Manager

Treasury Manager

Accounts Receivable Manager

Property Administrator

Industries







Teams

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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