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Simple Space Rental Agreement for Saudi Arabia

Simple Space Rental Agreement Template for Saudi Arabia

A standardized rental agreement template designed for use in Saudi Arabia, compliant with local real estate regulations and Sharia law principles. This agreement covers the essential elements of a space rental relationship, including detailed terms for rent payment, maintenance responsibilities, and usage conditions. The document incorporates specific requirements of Saudi Arabian property law and includes provisions for both commercial and retail space rentals, while maintaining simplicity and clarity in its terms. It addresses key aspects such as security deposits, utility responsibilities, and dispute resolution mechanisms in accordance with local jurisdiction requirements.

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What is a Simple Space Rental Agreement?

The Simple Space Rental Agreement is a fundamental legal document used for leasing commercial or retail space in Saudi Arabia. This template is specifically designed to comply with Saudi Arabian real estate regulations, including the Saudi Lease Law (Royal Decree M/61) and Sharia law principles. It is particularly useful for businesses seeking to establish clear rental terms while ensuring legal compliance in the Saudi market. The agreement covers essential aspects such as rental terms, payment conditions, maintenance responsibilities, and dispute resolution procedures. It is structured to be easily understood while maintaining legal robustness, making it suitable for both small business rentals and straightforward commercial lease arrangements. The document must be registered with the Ejar platform as per Saudi regulations and includes provisions for electronic documentation requirements.

What sections should be included in a Simple Space Rental Agreement?

1. Parties: Identification of landlord and tenant with full legal names, addresses, and commercial registration numbers if applicable

2. Background: Brief context of the rental arrangement and property overview

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

4. Premises Description: Detailed description of the rental space including address, size, and permitted uses

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

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

7. Security Deposit: Amount, terms of holding, and conditions for return

8. Utilities and Services: Responsibility for utilities, maintenance, and service charges

9. Use of Premises: Permitted uses, restrictions, and compliance with local regulations

10. Maintenance and Repairs: Responsibilities of each party for maintenance, repairs, and improvements

11. Insurance Requirements: Required insurance coverage for both parties

12. Termination: Conditions for early termination and notice requirements

13. Governing Law: Specification of Saudi law and Sharia compliance

14. Dispute Resolution: Process for resolving disputes including jurisdiction

What sections are optional to include in a Simple Space Rental Agreement?

1. Subletting: Include when subletting might be permitted under specific conditions

2. Fit-out Works: Include when tenant will perform initial modifications to the space

3. Operating Hours: Include for retail or commercial spaces in managed buildings

4. Common Areas: Include when the property has shared facilities or spaces

5. Marketing and Signage: Include for retail or commercial spaces requiring exterior signage

6. Force Majeure: Include specific provisions for unforeseen circumstances

7. Environmental Compliance: Include for properties requiring specific environmental considerations

8. Competitive Restrictions: Include for retail spaces in shopping centers or malls

What schedules should be included in a Simple Space Rental Agreement?

1. Schedule 1: Floor Plan: Detailed floor plan of the premises including measurements

2. Schedule 2: Inventory List: List of any fixtures, fittings, or equipment included in the rental

3. Schedule 3: Service Charges: Breakdown of service charges and maintenance fees if applicable

4. Schedule 4: Building Rules: Specific rules and regulations of the building or complex

5. Schedule 5: Handover Protocol: Condition report and handover procedures

6. Appendix A: Required Permits: Copies of necessary permits and licenses

7. Appendix B: Insurance Requirements: Detailed insurance specifications and requirements

Authors

Alex Denne

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

Jurisdiction

Saudi Arabia

Publisher

Genie AI

Document Type

Lease Agreement

Cost

Free to use
Relevant legal definitions































Clauses




























Relevant Industries

Real Estate

Retail

Commercial Services

Professional Services

Food & Beverage

Healthcare

Education

Financial Services

Technology

Manufacturing

Logistics

Hospitality

Relevant Teams

Legal

Operations

Finance

Real Estate

Facilities Management

Procurement

Compliance

Business Development

Administration

Property Management

Relevant Roles

Real Estate Manager

Property Manager

Facilities Manager

Operations Director

Chief Financial Officer

Legal Counsel

Business Development Manager

Store Manager

Office Manager

Procurement Manager

Commercial Director

Expansion Manager

Regional Manager

Compliance Officer

Real Estate Agent

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

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