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Rental Agreement
"I need a Rental Agreement for a commercial warehouse in Riyadh's industrial zone, starting from March 1, 2025, with specific provisions for heavy machinery storage and 24/7 access rights."
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, including Arabic legal terms where relevant
4. Property Details: Comprehensive 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: Rental amount, payment schedule, and method of payment compliant with Islamic principles
7. Security Deposit: Amount, terms of holding, and conditions for return of the security deposit
8. Utilities and Services: Responsibility for utility connections, payments, and maintenance services
9. Maintenance and Repairs: Obligations of both parties regarding property maintenance and repairs
10. Tenant Obligations: Specific responsibilities and restrictions on the tenant's use of the property
11. Landlord Obligations: Specific responsibilities of the landlord including maintaining valid permits
12. Insurance: Required insurance coverage and responsibilities of each party
13. Default and Remedies: Consequences of breach and available remedies under Saudi law
14. Termination: Grounds and procedures for early termination
15. Notices: Method and addresses for official communications between parties
16. Governing Law: Confirmation of Saudi law application and jurisdiction
17. Execution: Signature requirements and execution formalities
1. Guarantor Provisions: Required when there is a third-party guarantor for the tenant's obligations
2. Fit-out Works: Used for commercial properties requiring tenant modifications
3. Operating Hours: Required for commercial properties with specific operating restrictions
4. Subletting and Assignment: Include when subletting or assignment rights are being granted
5. Force Majeure: Specific provisions for extraordinary events affecting the lease
6. Property Management: Required when a property management company is involved
7. Common Areas: Necessary for properties in multi-unit buildings or compounds
8. Parking: Required when specific parking rights are included in the lease
1. Property Floor Plan: Detailed plan showing the leased premises and any exclusive/common areas
2. Inventory List: Detailed list of any furnishings or equipment included in the lease
3. Building Rules and Regulations: Specific rules applicable to the property or building complex
4. Handover Protocol: Document recording the condition of the property at handover
5. Civil Defense Certificates: Copies of mandatory safety certificates
6. Building Permits: Copies of valid building permits and certificates
7. Maintenance Schedule: Schedule of regular maintenance responsibilities
8. Utility Reading Records: Initial utility meter readings at handover
Authors
Real Estate
Residential Property
Commercial Property
Retail
Industrial
Hospitality
Office Space
Warehousing
Manufacturing
Healthcare
Education
Professional Services
Legal
Real Estate
Facilities Management
Operations
Finance
Compliance
Risk Management
Corporate Services
Administration
Property Management
Real Estate Manager
Property Manager
Facilities Manager
Legal Counsel
Compliance Officer
Contract Administrator
Real Estate Agent
Leasing Manager
Asset Manager
Operations Manager
Chief Financial Officer
Risk Manager
Business Development Manager
General Counsel
Corporate Services Manager
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