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Space Rental Agreement Template for Saudi Arabia

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Key Requirements PROMPT example:

Space Rental Agreement

"I need a Space Rental Agreement for a 500 square meter retail space in Riyadh Mall, with a 5-year term starting March 1, 2025, including fit-out period provisions and specific clauses for retail operating hours and customer access."

Document background
The Space Rental Agreement is a crucial legal document used in Saudi Arabia when establishing a formal lease relationship between property owners and tenants. It serves as the primary contract governing the rental of commercial, residential, or industrial spaces in compliance with Saudi law and Sharia principles. This document is essential for protecting both parties' rights and clearly defining their obligations under Saudi jurisdiction. It must comply with the Ejar electronic registration system, local municipality regulations, and specific zoning requirements. The agreement typically includes detailed terms about the property, rental payments, maintenance responsibilities, permitted uses, and dispute resolution mechanisms, while ensuring alignment with Saudi Arabia's evolving real estate regulations and commercial practices.
Suggested Sections

1. Parties: Identification of the Landlord and Tenant, including official registration numbers and contact details

2. Background: Context of the agreement and brief description of the property and intended use

3. Definitions: Key terms used throughout the agreement, including Property, Commencement Date, Term, and Rent

4. Property Details: Detailed description of the rented space, including location, size, and any included facilities

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

6. Rent and Payment Terms: Rental amount, payment schedule, security deposit, and payment methods

7. Permitted Use: Specified allowed uses of the property in compliance with local regulations

8. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance and repairs

9. Utilities and Services: Allocation of responsibility for utilities, services, and related costs

10. Insurance Requirements: Required insurance coverage for both parties

11. Access and Security: Provisions for landlord access and security arrangements

12. Alterations and Improvements: Rules regarding modifications to the property

13. Compliance with Laws: Obligations to comply with Saudi laws, including Sharia principles and municipal regulations

14. Termination: Grounds and procedures for early termination

15. Governing Law and Dispute Resolution: Application of Saudi law and dispute resolution mechanisms

Optional Sections

1. Signage Rights: Rules for external signage - relevant for commercial properties

2. Subletting and Assignment: Terms for subletting or transferring the lease - if permitted

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

4. Common Areas: Rules for shared spaces - relevant for properties in multi-tenant buildings

5. Fit-out Works: Terms for initial tenant improvements - relevant for commercial spaces

6. Operating Hours: Specified business hours - relevant for commercial properties

7. Environmental Compliance: Environmental obligations - relevant for industrial or specialized uses

8. Parking: Parking allocation and rules - if parking is available

Suggested Schedules

1. Property Plan: Detailed floor plan and property boundaries

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

3. Service Charges Breakdown: Detailed breakdown of service charges and maintenance fees

4. Building Rules and Regulations: Specific rules and regulations for the property or building

5. Condition Report: Initial condition assessment of the property

6. Fit-out Guidelines: Technical specifications and requirements for property modifications

7. Required Permits: Copies of necessary permits and licenses

8. Ejar Registration Details: Documentation for mandatory Ejar platform registration

Authors

Alex Denne

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

Relevant legal definitions


































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Relevant Industries

Real Estate

Retail

Office Space

Industrial

Warehousing

Healthcare

Education

Hospitality

Technology

Professional Services

Manufacturing

Logistics

Banking and Finance

Consumer Goods

Entertainment

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Finance

Administration

Compliance

Risk Management

Property Management

Commercial

Procurement

Business Development

Relevant Roles

Real Estate Manager

Facilities Manager

Property Manager

Legal Counsel

Commercial Director

Operations Manager

Chief Financial Officer

Business Development Manager

Office Manager

Compliance Officer

Real Estate Agent

Leasing Manager

Asset Manager

Administrative Manager

Risk Manager

Contract Manager

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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