Lease & License Agreement Template for Saudi Arabia

1. Fit-out Works: Include when tenant improvements or modifications are permitted, specifying approval process and conditions

2. Trading Requirements: Include for retail properties, specifying trading hours and operational requirements

3. Service Charge: Include for properties in commercial complexes with shared facilities

4. Green Lease Provisions: Include for properties with sustainability requirements or certifications

5. Force Majeure: Include specific force majeure provisions beyond standard terms

6. Operating Requirements: Include for specific business types requiring special operational conditions

7. Guarantees: Include when corporate or personal guarantees are required

8. Change of Control: Include for corporate tenants where ownership changes need to be regulated

1. Property Description: Detailed description of the leased property including plans and specifications

2. Rent and Payment Schedule: Detailed breakdown of rent, license fees, and payment dates

3. Permitted Use: Detailed description of permitted activities and use restrictions

4. Service Level Agreement: Details of services to be provided and service standards

5. Fit-out Guidelines: Technical specifications and requirements for any permitted modifications

6. House Rules: Building rules and regulations for multi-tenant properties

7. Form of Bank Guarantee: Standard format for any required bank guarantees

8. Handover Protocol: Checklist and procedure for property handover

9. Insurance Requirements: Detailed insurance requirements and minimum coverage levels