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The Rental And Lease Agreement serves as a fundamental legal instrument in Saudi Arabia's real estate sector, essential for both residential and commercial property transactions. This document is required whenever a property owner (lessor) grants temporary possession and use rights to another party (lessee) in exchange for periodic payments. It must comply with Saudi Arabia's comprehensive regulatory framework, including the Ejar electronic rental services network, recent real estate reforms under Saudi Vision 2030, and traditional Shari'ah principles. The agreement typically covers property specifications, payment terms, maintenance obligations, usage restrictions, and dispute resolution procedures, while ensuring all parties' rights are protected under Saudi law. It's particularly important given the recent modernization of Saudi Arabia's real estate sector and the increasing focus on documented, transparent rental relationships.

1. Parties: Identification of lessor and lessee with full legal names, contact details, and identification numbers as required by Saudi law

2. Background: Context of the rental agreement and brief description of the property

3. Definitions: Key terms used throughout the agreement, including Arabic legal terms where relevant

4. Property Details: Comprehensive description of the rental property, including address, specifications, and condition

5. Term and Commencement: Duration of lease, start date, and end date, including any renewal provisions

6. Rent and Payment Terms: Rental amount, payment schedule, security deposit, and payment methods compliant with Saudi banking regulations

7. Use of Property: Permitted uses of the property and restrictions in accordance with Saudi law and local regulations

8. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance and repairs as per Saudi rental laws

9. Utilities and Services: Responsibility for utility connections, payments, and service charges

10. Insurance and Liability: Insurance requirements and allocation of risks between parties

11. Termination Rights: Conditions for early termination and notice requirements under Saudi law

12. Default and Remedies: Events of default and available remedies under Saudi law

13. Governing Law and Jurisdiction: Application of Saudi law and specification of dispute resolution mechanisms