The Online Lease Agreement serves as a legally binding digital contract for property leasing in Saudi Arabia, designed to meet the requirements of both traditional lease arrangements and modern electronic transaction laws. This document is essential for any property rental transaction that must be registered on the Ejar platform, which is mandatory in Saudi Arabia. It incorporates provisions for electronic execution while maintaining compliance with Sharia principles and Saudi civil law. The agreement is particularly relevant in the current digital transformation of Saudi Arabia's real estate sector, providing a secure and efficient method for documenting lease arrangements. It includes comprehensive terms covering property usage, maintenance responsibilities, payment terms, and dispute resolution mechanisms, while ensuring compliance with both technological requirements and traditional legal principles.
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1. Parties: Identification of landlord and tenant with full legal names, contact details, and national ID/CR numbers as required by Saudi law
2. Background: Context of the lease agreement and confirmation of property ownership
3. Definitions: Key terms used throughout the agreement, including Arabic/English translations where necessary
4. Property Details: Comprehensive description of the leased property, including address, size, and permitted use
5. Term and Renewal: Duration of lease, commencement date, and renewal conditions
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
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 property use
11. Landlord Obligations: Specific responsibilities including property access and essential services
12. Insurance: Required insurance coverage for both parties
13. Default and Remedies: Events of default and available remedies under Saudi law
14. Termination: Conditions and process for early termination
15. Electronic Execution: Provisions for online execution and compliance with Saudi electronic transaction laws
16. Governing Law and Jurisdiction: Application of Saudi law and dispute resolution mechanisms
1. Subletting: Include when subletting is permitted, specifying conditions and approval process
2. Fit-out Works: Include for commercial properties requiring tenant modifications
3. Property Management: Include when a third-party property manager is involved
4. Force Majeure: Include specific provisions for unforeseen circumstances affecting the lease
5. Multiple Occupancy: Include for shared properties or multi-tenant buildings
6. Special Use Conditions: Include for properties with specific use restrictions or requirements
7. Guarantees: Include when additional financial security is required from tenant
8. VAT Provisions: Include when lease is subject to VAT requirements
1. Property Floor Plan: Detailed plans showing property layout and boundaries
2. Inventory List: List of furnishings and equipment included in the lease
3. Service Charges Breakdown: Detailed breakdown of service charges and calculation method
4. Property Condition Report: Initial condition assessment with photographs
5. Building Rules and Regulations: Specific rules applicable to the property or building
6. Maintenance Schedule: Schedule of regular maintenance responsibilities
7. Utility Agreements: Copies of relevant utility contracts and arrangements
8. Ejar Registration Details: Documentation required for Ejar platform registration
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