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License To Occupy Residential Property
"I need a License To Occupy Residential Property agreement for a furnished three-bedroom apartment in Riyadh, Saudi Arabia, where my company will be housing expatriate employees for a 12-month period starting January 2025, with specific provisions for corporate housing and maintenance responsibilities."
1. Parties: Identification of the Licensor (property owner) and Licensee (occupier), including full legal names, addresses, and relevant identification numbers
2. Background: Context of the agreement, including property ownership status and purpose of the license
3. Definitions: Key terms used throughout the agreement, including 'Property', 'License Period', 'License Fee', and other relevant terms
4. Grant of License: Specific terms of the license grant, including the exact property details and permitted use
5. Duration: Period of the license, including start date and end date
6. License Fee: Amount payable, payment schedule, and payment methods in compliance with Saudi regulations
7. Security Deposit: Details of the required deposit, conditions for return, and permitted deductions
8. Licensee Obligations: Specific responsibilities of the occupier, including maintenance, permitted uses, and compliance with local regulations
9. Licensor Obligations: Responsibilities of the property owner, including maintenance of structure and compliance with safety requirements
10. Utilities and Services: Responsibilities for utility connections, payments, and maintenance
11. Property Access: Conditions under which the Licensor may access the property
12. Termination: Circumstances and procedures for ending the license, including notice periods
13. Governing Law and Jurisdiction: Confirmation of Saudi law application and relevant jurisdiction
14. Notices: Process for formal communications between parties
1. Insurance: Required when the Licensor wants specific insurance coverage maintained by the Licensee
2. Furniture and Fittings: Include when the property is being licensed with furnishings
3. Alterations: Include when specific restrictions on property modifications are needed
4. Sub-licensing Prohibition: Include when explicit prohibition of sub-licensing is required
5. Force Majeure: Include when specific provisions for unexpected events are needed
6. Exit Clause: Include when early termination options are to be provided
7. Special Conditions for Expatriates: Include when the Licensee is a non-Saudi resident
8. Registration Requirements: Include when specific registration on Ejar platform or other authorities is required
1. Property Description: Detailed description of the property including address, dimensions, and included areas
2. Inventory List: List of furnishings and items included in the license, if any
3. Property Condition Report: Detailed report of the property condition at commencement
4. House Rules: Specific rules and regulations for the property and/or compound
5. Payment Schedule: Detailed breakdown of all payments including license fee, utilities, and other charges
6. Maintenance Responsibilities Matrix: Clear division of maintenance responsibilities between Licensor and Licensee
7. Required Permits: Copies of relevant permits and certificates required by Saudi authorities
Authors
Licensee
Property
License Period
Commencement Date
Expiry Date
License Fee
Security Deposit
Payment Date
Permitted Use
Common Areas
Furniture and Fittings
Utilities
Municipal Regulations
Ejar Platform
Property Manager
Maintenance
Force Majeure
Working Day
Notice
Occupier's Contents
Building
Compound
Service Charges
Governing Law
Iqama
Competent Authority
Registration Requirements
Shariah Principles
Utility Charges
Health and Safety Requirements
Civil Defense Requirements
Authorised Occupants
Visitors
Emergency
Material Breach
Definitions
Grant of License
Duration
License Fee
Security Deposit
Payment Terms
Permitted Use
Property Access
Utilities and Services
Maintenance
Licensee Obligations
Licensor Obligations
Property Rules
Insurance
Alterations
Assignment and Sublicensing
Health and Safety
Registration Requirements
Regulatory Compliance
Force Majeure
Termination
Default
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Variation
Third Party Rights
Real Estate
Residential Property
Corporate Housing
Hospitality
Property Management
Facility Management
Professional Services
Oil & Gas
Construction
Education
Legal
Real Estate
Human Resources
Facilities Management
Operations
Compliance
Corporate Services
Administration
Risk Management
Property Management
Real Estate Manager
Property Manager
Facility Manager
Legal Counsel
Corporate Housing Coordinator
HR Manager
Relocation Specialist
Compliance Officer
Operations Manager
Contract Administrator
Housing Officer
Employee Relations Manager
Real Estate Agent
Property Administrator
Accommodation Manager
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