Business Tenancy Agreement Template for Saudi Arabia

1. Fit-out Works: Details of any permitted modifications or improvements to be made by tenant, used when premises require initial fitting out

2. Break Clause: Option for either party to terminate early under specific conditions, included when early termination flexibility is needed

3. Rent Review: Mechanism for periodic rent adjustments, included for longer-term leases

4. Option to Renew: Terms for lease renewal, included when parties want to pre-agree renewal terms

5. Force Majeure: Provisions for unforeseen circumstances preventing performance, particularly relevant post-COVID

6. Guarantees: Corporate or personal guarantees for tenant's obligations, used for higher-risk tenants

7. Service Charge: Detailed provisions for service charges in multi-tenant buildings

8. Common Areas: Rights and obligations regarding shared facilities, relevant for properties in commercial complexes

9. Marketing and Signage: Regulations for external signs and marketing displays, important for retail premises

1. Property Plan: Detailed floor plan and measurements of the premises

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

3. Service Charge Budget: Breakdown of estimated service charges and calculation method

4. Fit-out Specifications: Technical specifications for any permitted tenant improvements

5. Building Rules: Operational rules and regulations for the building or complex

6. Handover Protocol: Condition report and handover procedures at the start of the lease

7. Required Permits: List of necessary governmental permits and licenses

8. Maintenance Schedule: Detailed breakdown of maintenance responsibilities between parties