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Shop Rental Agreement
"I need a Shop Rental Agreement for a high-end fashion boutique in a Riyadh shopping mall, with a 5-year term starting March 2025, including specific provisions for seasonal promotional events and branded storefront design requirements."
1. Parties: Identification of landlord and tenant with full legal names, commercial registration numbers, and authorized representatives
2. Background: Context of the agreement including property details and intended use
3. Definitions: Key terms used throughout the agreement including Property, Lease Term, Rent, Common Areas
4. Demise: Formal grant of lease and precise description of the leased premises
5. Term and Renewal: Duration of lease, commencement date, and renewal provisions
6. Rent and Payment Terms: Rental amount, payment schedule, method of payment, and annual increases
7. Security Deposit: Amount, payment terms, and conditions for return of security deposit
8. Utilities and Services: Responsibilities for utility connections, payments, and service charges
9. Use of Premises: Permitted use of shop premises and restrictions
10. Maintenance and Repairs: Responsibilities of both parties for maintenance, repairs, and alterations
11. Insurance: Required insurance coverage for both parties
12. Landlord's Covenants: Obligations and warranties of the landlord
13. Tenant's Covenants: Obligations and warranties of the tenant
14. Termination: Grounds for termination and procedure
15. Dispute Resolution: Process for resolving disputes including jurisdiction of Saudi courts
16. Notices: Method and addresses for official communications
17. Governing Law: Confirmation of Saudi law and Shariah principles as governing law
1. Force Majeure: Provisions for unforeseen circumstances - include if requested by parties or in areas prone to disruption
2. Assignment and Subletting: Rights to transfer or sublet - include if such rights are to be granted
3. Break Clause: Early termination options - include if early termination rights are negotiated
4. Fit-out Works: Provisions for initial shop fitting - include if premises are delivered in shell condition
5. Trading Hours: Specified operating hours - include for shopping mall locations
6. Common Areas: Rights and obligations regarding shared spaces - include for premises in commercial complexes
7. Marketing and Signage: Rules for advertising and signage - include for retail locations with specific branding requirements
8. Competition Restrictions: Non-compete provisions - include if exclusivity is granted
9. Government Approvals: Specific licensing requirements - include for regulated businesses
1. Schedule 1 - Property Plan: Detailed floor plan and measurements of the leased premises
2. Schedule 2 - Inventory: List of any fixtures and fittings included in the lease
3. Schedule 3 - Service Charges: Breakdown of service charges and calculation method
4. Schedule 4 - Building Rules: Specific rules and regulations for the building or complex
5. Schedule 5 - Handover Protocol: Condition report and handover procedures
6. Schedule 6 - Fit-out Guidelines: Technical specifications and requirements for shop fitting
7. Appendix A - Required Licenses: List of mandatory government licenses and permits
8. Appendix B - Insurance Requirements: Detailed insurance specifications and minimum coverage
Authors
Applicable Laws
Building
Business Days
Commercial Registration
Common Areas
Commencement Date
Demised Premises
Ejar Platform
Expiry Date
Fit-out Period
Fit-out Works
Force Majeure Event
Gregorian Calendar
Handover Date
Hijri Calendar
Initial Term
Insurance Requirements
Landlord
Lease Year
Licensed Use
Municipal Approvals
Operating Expenses
Permitted Use
Premises
Property
Rent
Renewal Term
Security Deposit
Service Charges
Shopping Center
Tenant
Tenant Improvements
Term
Trading Hours
Utilities
VAT
Term and Duration
Rent Payment
Security Deposit
Permitted Use
Maintenance and Repair
Utilities and Services
Insurance
Assignment and Subletting
Alterations
Trading Hours
Health and Safety
Compliance with Laws
Landlord Access
Force Majeure
Termination
Default and Remedies
Dispute Resolution
Notices
Guarantees
Registration Requirements
Building Rules
Common Areas
Service Charges
Signage and Advertising
Environmental Compliance
Indemnification
Competition and Exclusivity
Fit-out Works
Handover and Return
Municipal Licenses
VAT and Taxation
Retail
Fashion and Accessories
Food and Beverage
Electronics and Technology
Health and Beauty
Home and Furniture
Jewelry and Luxury Goods
Banking and Financial Services
Professional Services
Entertainment and Leisure
Shopping Centers and Malls
Commercial Real Estate
Hospitality
Legal
Real Estate
Operations
Facilities Management
Finance
Risk and Compliance
Property Management
Business Development
Retail Operations
Administrative
Real Estate Manager
Property Manager
Legal Counsel
Commercial Director
Retail Operations Manager
Business Development Manager
Facilities Manager
Compliance Officer
Store Manager
Leasing Manager
Finance Director
Risk Manager
Commercial Lawyer
Contract Administrator
Chief Operating Officer
Real Estate Director
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