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Contract For Use Of Property
"I need a Contract for Use of Property for a commercial warehouse in Riyadh, Saudi Arabia, starting March 1, 2025, with special provisions for cold storage modifications and 24/7 access rights for logistics operations."
1. Parties: Identification of the property owner and the user/tenant, including full legal names, addresses, and contact details
2. Background: Context of the agreement and brief description of the property and intended use
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the property, including address, boundaries, and included fixtures/fittings
5. Term and Commencement: Duration of the agreement and start date, including any renewal options
6. Permitted Use: Specific permitted uses of the property and any restrictions
7. Payment Terms: Rent/fee amount, payment schedule, method of payment, and late payment consequences
8. Security Deposit: Amount, terms, and conditions for return of the security deposit
9. Utilities and Services: Responsibility for utilities, maintenance, and other services
10. User's Obligations: Comprehensive list of user's responsibilities including maintenance, repairs, and conduct
11. Owner's Obligations: Owner's responsibilities regarding property maintenance and support
12. Insurance: Required insurance coverage for both parties
13. Default and Remedies: Consequences of breach and available remedies
14. Termination: Grounds for termination and process
15. Governing Law: Confirmation of Saudi law application and Sharia compliance
16. Notices: Process for formal communications between parties
1. Alterations and Improvements: Terms for making changes to the property - include when renovations or modifications are permitted
2. Assignment and Subletting: Include when transfer of rights or subletting might be permitted
3. Force Majeure: Include for longer-term agreements to address unforeseen circumstances
4. Environmental Matters: Include for commercial properties or when environmental concerns are relevant
5. Option to Purchase: Include when the user may have future purchase rights
6. Special Use Conditions: Include for properties with specific use requirements (e.g., commercial, industrial)
7. Guarantees: Include when additional security is required from third parties
8. Dispute Resolution: Include detailed arbitration or mediation procedures when preferred over court proceedings
1. Schedule 1 - Property Details: Detailed property specifications, including floor plans and boundaries
2. Schedule 2 - Inventory: List of furniture, fixtures, and equipment included in the property use
3. Schedule 3 - Condition Report: Detailed report of property condition at commencement
4. Schedule 4 - Payment Schedule: Detailed breakdown of payments, including any escalation provisions
5. Schedule 5 - Maintenance Responsibilities: Detailed allocation of maintenance and repair responsibilities
6. Schedule 6 - Rules and Regulations: Specific rules for property use, especially relevant for commercial or multi-user properties
7. Appendix A - Required Permits: Copies of necessary permits and licenses
8. Appendix B - Insurance Requirements: Detailed insurance specifications and requirements
Authors
Applicable Laws
Building
Business Day
Commencement Date
Common Areas
Confidential Information
Default Event
Effective Date
Expiry Date
Force Majeure Event
Governing Law
Improvements
Initial Term
Insurance Requirements
Maintenance Charges
Municipal Authorities
Notice
Owner
Owner's Representative
Permitted Use
Premises
Property
Renewal Term
Rent
Security Deposit
Service Charges
Sharia Principles
Term
Termination Date
User
User's Representatives
Utilities
Utility Charges
Working Hours
Term
Permitted Use
Rent and Payment
Security Deposit
Utilities and Services
Maintenance and Repairs
Alterations and Improvements
Insurance
Access Rights
Assignment and Subletting
Compliance with Laws
Environmental Matters
Health and Safety
Force Majeure
Default and Remedies
Termination
Liability and Indemnification
Confidentiality
Notice Requirements
Dispute Resolution
Governing Law
Severability
Entire Agreement
Amendment
Waiver
Registration
Municipal Compliance
Property Handover
Return of Property
Guarantees
Representatives and Authority
Risk Allocation
Force Majeure
Islamic Finance Compliance
Real Estate
Commercial Property
Retail
Industrial
Hospitality
Healthcare
Education
Manufacturing
Logistics
Warehousing
Office Space
Residential Property
Legal
Real Estate
Facilities Management
Operations
Compliance
Risk Management
Property Management
Asset Management
Business Development
Contract Administration
Property Manager
Facilities Manager
Real Estate Director
Legal Counsel
Compliance Officer
Operations Manager
Asset Manager
Real Estate Agent
Commercial Director
Contract Administrator
Risk Manager
Property Development Manager
Leasing Manager
Business Development Manager
Regional Manager
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