Rental Purchase Agreement Template for Saudi Arabia

1. Early Purchase Option: Terms for early exercise of purchase option, used when parties agree to allow early conversion to ownership

2. Property Management: Additional terms for property management services, used for complex properties or when third-party management is involved

3. Utilities and Services: Allocation of responsibility for utilities and services, used primarily for residential properties

4. Modifications and Improvements: Terms for allowing and managing property modifications, used when significant alterations are anticipated

5. Sub-letting Provisions: Terms regarding sub-letting rights, used when sub-letting might be permitted

6. Death or Incapacity: Succession provisions in case of death or incapacity, used for long-term agreements

7. Force Majeure: Provisions for unforeseen circumstances, used in areas with potential for significant disruption

1. Property Details Schedule: Detailed technical description of the property, including plans and specifications

2. Payment Schedule: Detailed breakdown of payment amounts, dates, and allocation between rent and purchase components

3. Property Condition Report: Documentation of property condition at agreement commencement

4. Maintenance Schedule: Detailed listing of maintenance responsibilities and schedules

5. Required Insurance Coverage: Specifications for required insurance coverage

6. Property Rules and Regulations: Specific rules and regulations governing property use

7. Form of Transfer Deed: Template for the final property transfer deed