Fixed Term Lease Rental Agreement Template for Saudi Arabia

The Fixed Term Lease Rental Agreement is a fundamental legal document used in Saudi Arabia for establishing binding rental arrangements between property owners and tenants. This agreement is essential for both residential and commercial property leasing, requiring registration through the mandatory Ejar platform. The document must comply with Saudi Arabian law, including Shariah principles, and typically includes comprehensive terms covering property usage, maintenance obligations, payment terms, and dispute resolution procedures. It's particularly important in the Saudi market where real estate transactions are heavily regulated and must follow specific legal frameworks. The agreement provides security for both parties by clearly defining the fixed term of the lease, rental amounts, payment schedules, and conditions for renewal or termination.

1. Parties: Identification of landlord and tenant with full legal names, addresses, and official ID numbers as required by Saudi law

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

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

4. Property Details: Comprehensive description of the leased property including address, boundaries, and permitted use

5. Term and Renewal: Duration of lease, commencement date, expiry 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 of security deposit

8. Utilities and Services: Responsibility for utility connections, payments, and maintenance services

9. Maintenance and Repairs: Obligations of both parties regarding property maintenance and repair responsibilities

10. Tenant Obligations: Standard responsibilities and restrictions on tenant's use of property

11. Landlord Obligations: Standard responsibilities of the landlord including property access and essential services

12. Insurance: Required insurance coverage and responsibilities of each party

13. Default and Remedies: Events of default and available remedies for both parties

14. Termination: Grounds for termination and process for early termination

15. Notices: Process and addresses for formal communications between parties

16. Governing Law: Specification of Saudi law and Shariah principles as governing law