Construction Lease Agreement Template for Saudi Arabia

1. Force Majeure: Provisions for unforeseen circumstances affecting construction or lease obligations, recommended for longer-term agreements

2. Environmental Compliance: Specific environmental requirements and responsibilities, necessary if property is in environmentally sensitive area

3. Utilities and Services: Arrangements for utilities during construction and lease periods, needed if special utility requirements exist

4. Security Deposit: Terms for security deposit or performance bond, recommended for high-value constructions

5. Assignment and Subletting: Rights and restrictions regarding transfer of rights, needed if parties want flexibility to assign

6. Green Building Requirements: Specific environmental and sustainability standards, necessary if pursuing green building certification

7. Financing Provisions: Terms related to construction financing and lender rights, needed if external financing is involved

1. Construction Plans and Specifications: Detailed architectural and engineering drawings, construction specifications

2. Construction Budget: Detailed breakdown of construction costs and payment schedule

3. Construction Timeline: Detailed project schedule with milestones and completion dates

4. Property Details: Legal description of property, site plans, and existing conditions

5. Required Permits and Approvals: List of required governmental and regulatory approvals

6. Insurance Requirements: Detailed insurance specifications for both construction and lease phases

7. Form of Completion Certificate: Template for construction completion certification

8. Rent Schedule: Detailed breakdown of rent payments and escalations

9. Maintenance Schedule: Detailed maintenance responsibilities and schedules post-construction