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Periodic Tenancy Agreement
"I need a Periodic Tenancy Agreement for a furnished 3-bedroom apartment in Riyadh, to be let to a corporate tenant starting March 1, 2025, with monthly rent payments and specific provisions for maintenance of high-end appliances."
1. Parties: Identification of landlord and tenant with full legal names, addresses, and national ID/CR numbers as required by Saudi law
2. Background: Brief context of the agreement and property ownership status
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Term', 'Rent', and other relevant definitions
4. Property Details: Comprehensive description of the leased property, including address and permitted use
5. Term and Renewal: Duration of tenancy, start date, and renewal terms including notice periods
6. Rent and Payment Terms: Rent amount, payment frequency, method of payment, and due dates
7. Security Deposit: Amount, payment terms, conditions for return, and permissible deductions
8. Utilities and Services: Responsibility for utility connections, payments, and maintenance charges
9. Tenant Obligations: Comprehensive list of tenant responsibilities including maintenance, use restrictions, and compliance with laws
10. Landlord Obligations: Landlord's duties regarding property maintenance, repairs, and statutory compliance
11. Maintenance and Repairs: Detailed breakdown of maintenance responsibilities between parties
12. Insurance: Required insurance coverage for both parties
13. Access and Inspection: Landlord's rights to access the property and notice requirements
14. Termination: Grounds for termination, notice requirements, and consequences
15. Governing Law and Jurisdiction: Confirmation of Saudi law application and dispute resolution process
16. Notices: Methods and addresses for official communications between parties
1. Subletting and Assignment: Include when subletting might be permitted under specific conditions
2. Furniture and Appliances: Include when the property is let furnished
3. Pet Provisions: Include when pets are allowed or specifically prohibited
4. Swimming Pool Maintenance: Include for properties with swimming pools
5. Common Areas: Include for apartments or compounds with shared facilities
6. Property Management: Include when a property management company is involved
7. Special Uses: Include for properties with specific approved commercial or mixed uses
8. Additional Occupants: Include when other family members or specific occupants need to be registered
1. Schedule 1 - Property Inventory: Detailed list of fixtures, fittings, and condition report
2. Schedule 2 - Property Floor Plan: Floor plan showing layout and dimensions of the property
3. Schedule 3 - Building Rules: Specific rules applicable to the building or compound
4. Schedule 4 - Maintenance Schedule: Detailed breakdown of maintenance responsibilities and schedules
5. Schedule 5 - Utilities Reading: Initial meter readings for utilities at handover
6. Appendix A - Handover Form: Property handover checklist and confirmation
7. Appendix B - Payment Schedule: Detailed breakdown of rent payments and due dates
8. Appendix C - Required Permits: Copies of relevant municipal permits and certificates
Authors
Real Estate
Residential Property
Commercial Property
Property Management
Housing
Retail
Professional Services
Hospitality
Education
Healthcare
Legal
Real Estate
Facilities Management
Corporate Services
Housing
Property Management
Compliance
Operations
Asset Management
Administrative Services
Real Estate Manager
Property Manager
Legal Counsel
Facilities Manager
Housing Director
Leasing Manager
Real Estate Agent
Corporate Housing Manager
Compliance Officer
Real Estate Administrator
Asset Manager
Tenant Relations Manager
Property Services Coordinator
Real Estate Operations Director
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