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Ejara explains contract termination process
Etihad Ejara (Real Estate) network confirmed that all parties are committed to the duration specified in the electronic contract, and that termination of the contract is only valid with the consent of all parties or based on a judicial ruling. It also clarified that the parties can agree on a payment settlement process or agree on a final payment upon contract termination, and they should turn to the competent judicial authorities if disputes arise. Additionally, the service to modify the rental value allows the landlord to submit an official request to raise or lower the rent at least 90 days before the contract's end, accompanied by a notification to the tenant, who can accept or reject the request. The contract is automatically renewed if the tenant agrees or canceled if they decline. Currently, this service is limited to requesting a rent reduction in Riyadh City, in line with the decision not to increase annual rents.
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