Document background
The End of Lease Agreement is a crucial document used in Saudi Arabia when formally concluding a lease relationship between landlord and tenant. It is essential for ensuring compliance with Saudi Tenancy Law 2020 and Shari'ah principles while protecting the interests of all parties involved. This document becomes necessary when a lease is terminating, whether at the natural end of its term, through mutual agreement, or early termination. It covers critical aspects such as property condition assessment, financial settlements, utility account closures, and the return of security deposits. The agreement serves as legal evidence of the proper conclusion of the lease relationship and helps prevent future disputes by clearly documenting the terms of separation. It is particularly important in the Saudi Arabian context where formal documentation of property transactions is required for legal certainty and compliance with regulatory requirements.
