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apartment 3a, building 1.
i am the broker and the legal agent, and the building is owned by us. the tenant must be an employee currently working, with no suspended services.
annual electronic contract, with the amicable payment made monthly. the full year is binding on both parties. furnished apartment on the ground floor, electricity included provided that the monthly bill does not exceed 200 riyals; if it exceeds that, the tenant pays the difference. water is paid by the landlord.
it consists of: 1 bedroom, 1 living room, 1 bathroom, 1 kitchen, in a strategic location among services and markets, behind al-shakereen street, al-safa district, jeddah.
the electronic contract states: annual rent 21,600 riyals, monthly rent 1,800 riyals. a security deposit of 5,000 riyals is stated in the contract but is not paid upfront; it is claimed in case of damages if the tenant refuses to repair them. a daily penalty of 250 riyals applies if the contract ends and is not renewed, or if the tenant refuses to hand over the apartment or delays the handover.
amount required: 2,465 riyals, consisting of the first month's rent of 1,800 riyals + a 2.5% commission calculated on an annual basis of 540 riyals + an electronic rental contract fee of 125 riyals for the first payment; thereafter, monthly rent of 1,800 riyals. the apartment must be handed over 3 days before the end of the annual contract, in the same condition in which it was received, including furniture, plumbing, electrical work, paint, doors, and electrical appliances.