Revised Lease Agreement Template for Saudi Arabia

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Key Requirements PROMPT example:

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."

Document background
The Revised Lease Agreement is essential when parties need to modify an existing lease arrangement in Saudi Arabia while maintaining legal compliance and contractual continuity. This document type is commonly used when circumstances necessitate changes to original lease terms, such as rent adjustments, tenure modifications, or updates to property use conditions. The agreement must comply with the Saudi Rental Law of 2014, Sharia principles, and requires registration through the Ejar platform. It serves as a crucial tool for property owners and tenants to formally document changes to their rental relationship while ensuring all modifications meet current legal requirements and market conditions. The document is particularly relevant in situations involving commercial property adjustments, residential lease updates, or when regulatory changes necessitate amendments to existing lease terms.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Retail

Commercial Office

Industrial

Residential

Hospitality

Healthcare

Education

Logistics

Manufacturing

Religious Institutions

Government and Public Sector

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Finance

Compliance

Risk Management

Property Management

Asset Management

Contract Administration

Relevant Roles

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

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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