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Rent Payment Contract
"I need a Rent Payment Contract for a commercial warehouse in Riyadh, with quarterly payments starting March 2025, that includes electronic payment through SAMA-approved channels and registration on the Ejar platform."
1. Parties: Identification of landlord and tenant with full legal names, addresses, and ID/registration numbers as required by Saudi law
2. Background: Brief context of the rental agreement and property transaction
3. Definitions: Key terms used throughout the agreement including Property, Term, Rent, and other relevant definitions
4. Property Details: Detailed description of the rental property including address, size, and permitted use
5. Term and Renewal: Duration of the lease, commencement date, and renewal terms
6. Rent and Payment Terms: Rent amount, payment schedule, method of payment, and late payment consequences
7. Security Deposit: Amount, payment terms, and conditions for return of the security deposit
8. Utilities and Services: Responsibility for utility payments and essential services
9. Maintenance and Repairs: Obligations of both parties regarding property maintenance and repairs
10. Use of Property: Permitted use of property and restrictions
11. Insurance: Required insurance coverage for both parties
12. Termination: Conditions and process for early termination
13. Governing Law and Jurisdiction: Confirmation of Saudi law application and dispute resolution process
14. Execution: Signature blocks and attestation requirements
1. Subletting and Assignment: Terms for subletting or assigning the lease, if permitted
2. Fit-out and Alterations: Terms for making modifications to the property, typically included for commercial properties
3. Force Majeure: Provisions for unforeseen circumstances preventing contract performance
4. Property Management: Details of property management arrangements if applicable
5. Guarantees: Additional guarantee requirements for rent payment
6. Option to Purchase: Terms for tenant's right to purchase property, if applicable
7. Special Conditions: Any specific requirements or conditions unique to the property or parties
1. Property Description Schedule: Detailed description of property including floor plans and photographs
2. Inventory Schedule: List of furniture, fixtures, and equipment included in the rental
3. Payment Schedule: Detailed breakdown of rent payments, due dates, and payment methods
4. Maintenance Schedule: Detailed list of maintenance responsibilities for both parties
5. Property Condition Report: Documentation of property condition at commencement of lease
6. Building Rules and Regulations: If applicable, rules governing use of common areas and facilities
7. Utilities Schedule: Detailed breakdown of utility responsibilities and payment arrangements
Authors
Applicable Law
Business Day
Commencement Date
Default Interest
Due Date
Ejar System
Electronic Payment
Expiry Date
Force Majeure
Gregorian Calendar
Hijri Calendar
Initial Term
Landlord
Late Payment Charges
Lease Period
Maintenance Charges
Municipality Fees
Notice
Payment Method
Payment Schedule
Permitted Use
Premises
Property
Rent
Renewal Period
SAMA
Security Deposit
Service Charges
Shariah Compliant
Tenant
Term
Termination Date
Utilities
Utility Charges
VAT
Default and Remedies
Security Deposit
Maintenance Obligations
Property Access
Insurance Requirements
Force Majeure
Termination Rights
Assignment and Subletting
Utilities and Services
Compliance with Laws
Shariah Compliance
Property Use
Alterations and Improvements
Notice Requirements
Dispute Resolution
Governing Law
Registration Requirements
Electronic Payment
Late Payment Penalties
Property Inspection
Quiet Enjoyment
Liability Limitations
Indemnification
Record Keeping
Property Condition
Renewal Options
Severability
Entire Agreement
Representations and Warranties
Real Estate
Residential Property
Commercial Property
Industrial Property
Retail
Office Space
Hospitality
Healthcare
Education
Manufacturing
Logistics
Warehouse
Legal
Real Estate
Finance
Operations
Compliance
Property Management
Facilities Management
Treasury
Accounts Receivable
Asset Management
Property Manager
Real Estate Manager
Legal Counsel
Contract Administrator
Facilities Manager
Finance Director
Real Estate Agent
Leasing Manager
Operations Manager
Compliance Officer
Asset Manager
Real Estate Investment Manager
Treasury Manager
Accounts Receivable Manager
Property Administrator
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