Joint Venture Agreement For Real Estate Investing Template for Saudi Arabia

1. Sharia Board: Required if the venture will have a dedicated Sharia supervisory board for compliance

2. Development Projects: Include if the JV will undertake property development activities

3. Property Management: Required if the JV will manage rental properties

4. Financing Arrangements: Include if the JV will seek external Sharia-compliant financing

5. Employment Matters: Required if the JV will directly employ staff

6. Insurance: Detailed insurance requirements if significant property portfolio is anticipated

7. Intellectual Property: Include if the JV will develop or use proprietary systems or branding

8. Environmental Compliance: Required for projects with environmental impact considerations

1. Schedule 1 - Business Plan: Detailed business plan including investment strategy and financial projections

2. Schedule 2 - Initial Properties: List and details of any properties initially contributed to the JV

3. Schedule 3 - Capital Contributions: Detailed breakdown of each party's initial and committed capital contributions

4. Schedule 4 - Reserved Matters: List of decisions requiring special approval or unanimous consent

5. Schedule 5 - Management Structure: Organizational chart and key management positions

6. Schedule 6 - Valuation Methodology: Agreed methods for valuing properties and JV interests

7. Schedule 7 - Operating Procedures: Detailed procedures for day-to-day operations and decision-making

8. Appendix A - Power of Attorney: Required authorizations and delegations of authority

9. Appendix B - Form of Shareholder Resolution: Template for shareholder resolutions

10. Appendix C - Compliance Checklist: Checklist of regulatory and Sharia compliance requirements