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Revised Lease Agreement
"I need a Revised Lease Agreement for a commercial warehouse in Riyadh, Saudi Arabia, to extend the current lease term until March 2025 and incorporate new maintenance provisions for heavy machinery installations."
1. Parties: Identification of landlord and tenant with full legal names, addresses, and official ID numbers as required by Saudi law
2. Background: Context of the lease revision, including reference to original lease agreement and reason for revision
3. Definitions: Key terms used throughout the agreement, including Arabic legal terms where relevant
4. Property Description: Detailed description of the leased property including location, size, and permitted use
5. Term and Renewal: Duration of lease, commencement date, and renewal terms
6. Rent and Payment Terms: Rental amount, payment schedule, method of payment, and any escalation provisions
7. Security Deposit: Amount, terms of holding, and conditions for return
8. Utilities and Services: Responsibility for utilities, maintenance, and service charges
9. Use of Property: Permitted uses, restrictions, and compliance with local regulations
10. Maintenance and Repairs: Responsibilities of each party for maintenance, repairs, and improvements
11. Insurance and Liability: Required insurance coverage and allocation of risks
12. Termination Rights: Grounds for termination and notice requirements
13. Dispute Resolution: Process for resolving disputes in accordance with Saudi law
14. Governing Law: Confirmation of Saudi law application and Sharia compliance
15. Execution: Signature requirements and execution formalities
1. Force Majeure: Provisions for unforeseen circumstances, recommended for longer-term leases
2. Subletting and Assignment: Include if subletting or assignment rights are to be granted
3. Fit-out Works: Include for commercial properties requiring tenant improvements
4. Property Management Rules: Include for properties within managed communities or complexes
5. Environmental Compliance: Include for industrial or commercial properties with environmental impacts
6. Operating Hours: Include for commercial properties with specific operating restrictions
7. Signage Rights: Include for commercial properties where tenant signage is relevant
8. Parking Rights: Include when specific parking arrangements need to be documented
1. Schedule 1 - Property Details: Detailed property specifications, floor plans, and photographs
2. Schedule 2 - Rent Payment Schedule: Detailed breakdown of rent payments and due dates
3. Schedule 3 - Condition Report: Detailed description of property condition at lease revision
4. Schedule 4 - Building Rules: Specific rules and regulations for the property
5. Schedule 5 - Maintenance Schedule: Detailed breakdown of maintenance responsibilities
6. Schedule 6 - Permitted Alterations: List of allowed modifications to the property
7. Appendix A - Original Lease Agreement: Copy of the original lease being revised
8. Appendix B - Required Permits: Copies of relevant permits and certificates
Authors
Original Lease
Property
Landlord
Tenant
Commencement Date
Effective Date
Term
Rent
Security Deposit
Permitted Use
Common Areas
Force Majeure
Business Day
Maintenance
Utilities
Service Charges
Building
Premises
Lease Year
Payment Date
Relevant Authority
Ejar Platform
Ministry of Housing
REGA
Applicable Laws
Sharia Principles
Alterations
Base Rent
Operating Expenses
Insurance Requirements
Event of Default
Notice
Guarantor
Building Rules
Substantial Damage
Occupancy Date
Handover Date
Fit-out Works
Property Manager
Service Provider
Common Facilities
Governing Law
Maintenance Charges
Lease Registration
Municipal Requirements
Zakat and Tax
Recitals
Definitions
Term and Renewal
Rent and Payment
Security Deposit
Use of Premises
Utilities and Services
Maintenance and Repairs
Alterations and Improvements
Insurance
Assignment and Subletting
Default and Remedies
Termination
Force Majeure
Property Access
Quiet Enjoyment
Compliance with Laws
Environmental Matters
Health and Safety
Liability and Indemnification
Notices
Registration Requirements
Dispute Resolution
Governing Law
Severability
Entire Agreement
Amendment
Representations and Warranties
Condition of Premises
Building Rules and Regulations
Signage Rights
Parking Rights
Operating Hours
Common Areas
Service Charges
Property Management
Emergency Procedures
Handover Conditions
Fit-out Provisions
Sharia Compliance
Real Estate
Retail
Commercial Office
Industrial
Residential
Hospitality
Healthcare
Education
Logistics
Manufacturing
Religious Institutions
Government and Public Sector
Legal
Real Estate
Facilities Management
Operations
Finance
Compliance
Risk Management
Property Management
Asset Management
Contract Administration
Real Estate Manager
Property Manager
Facilities Manager
Legal Counsel
Compliance Officer
Asset Manager
Operations Director
Commercial Director
Leasing Manager
Contract Administrator
Real Estate Director
Chief Financial Officer
Risk Manager
Business Development Manager
Property Administrator
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