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Lease Addendum
"I need a Lease Addendum under Saudi law to modify our existing commercial lease agreement to increase the annual rent by 15% starting March 1, 2025, and add two additional parking spaces to the leased premises."
1. Parties: Identification of all parties to the addendum, including full legal names and details as they appear in the original lease
2. Background: Reference to the original lease agreement including its date, parties, and property details, and brief context for the addendum
3. Definitions: Key terms used in the addendum, including references to defined terms from the original lease that remain applicable
4. Reference to Original Lease: Specific clause confirming the continued validity of the original lease except as modified by this addendum
5. Modifications: Clear statement of the specific changes being made to the original lease, referencing the relevant original clause numbers
6. Effective Date: The date from which the modifications will take effect
7. Confirmation of Other Terms: Statement confirming that all other terms of the original lease remain unchanged and in full force
8. Governing Law: Confirmation that Saudi law and Sharia principles govern the addendum
9. Execution: Signature blocks for all parties, including any required witnesses or attestations
1. Rent Modification: Detailed section specifying changes to rent amount, payment terms, or schedule - used when rent terms are being modified
2. Term Extension: Specific provisions for extending the lease term - used when the original lease duration is being modified
3. Property Modifications: Details of approved alterations or improvements to the property - used when physical changes to the property are being authorized
4. Additional Occupants: Information about new occupants being added to the lease - used when occupancy changes are being made
5. Usage Changes: Modifications to permitted use of the property - used when changing the authorized use of the premises
6. Security Deposit Adjustment: Changes to security deposit terms - used when deposit requirements are being modified
7. Maintenance Responsibilities: Revisions to maintenance obligations - used when changing maintenance terms
8. Utilities and Services: Changes to utility responsibility or service arrangements - used when modifying utility terms
1. Schedule 1 - Modified Rent Schedule: Detailed breakdown of new rent amounts and payment dates if rent terms are modified
2. Schedule 2 - Property Modification Plans: Technical drawings or specifications for authorized property modifications
3. Schedule 3 - Updated Property Inventory: Revised list of property fixtures, fittings, or equipment if relevant to the modifications
4. Appendix A - Original Lease Agreement: Copy of the original lease agreement being modified
5. Appendix B - Required Permits: Copies of any municipal or authority permits relevant to the modifications
6. Appendix C - Property Photographs: Current photographs of the property or affected areas if relevant to the modifications
Authors
Original Lease
Effective Date
Property
Original Term
Modified Term
Parties
Landlord
Tenant
Premises
Base Rent
Modified Rent
Security Deposit
Common Areas
Modification Period
Permitted Use
Building
Commencement Date
Expiry Date
Payment Date
Original Agreement
Ejar Registration
Applicable Law
Business Day
Notice
Operating Expenses
Utilities
Maintenance Services
Insurance Requirements
Force Majeure
Guarantor
Property Manager
Building Rules
Improvements
Alterations
Modification
Term Extension
Rent Adjustment
Payment Terms
Property Use
Maintenance
Utilities
Insurance
Security Deposit
Access Rights
Alterations and Improvements
Additional Services
Assignment and Subletting
Force Majeure
Notices
Governing Law
Dispute Resolution
Registration Requirements
Entire Agreement
Severability
Counterparts
Authority
Compliance with Laws
Property Condition
Default and Remedies
Termination
Representations and Warranties
Indemnification
Costs and Expenses
Real Estate
Commercial Property
Residential Property
Retail
Industrial
Office Space
Hospitality
Healthcare
Education
Logistics
Manufacturing
Warehousing
Legal
Real Estate
Facilities Management
Operations
Property Management
Asset Management
Compliance
Contract Administration
Finance
Risk Management
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Lease Administrator
Asset Manager
Operations Manager
Contract Manager
Real Estate Director
Compliance Officer
Property Services Coordinator
Tenant Relations Manager
Real Estate Transaction Manager
Building Manager
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