2017 Peace, mercy, and blessings of God be upon you. Land for rent for benefit wanted, area above one million square meters 1- Mecca 2- Riyadh 3- Jeddah 4- Eastern Province ⭕ Direct contact or with the agent Nothing else will be considered ⭕ Conditions for renting for benefit by the affiliated company with 5 banks and by one of the funds under the umbrella of the Central Bank:* ● The property papers are sound and there are no stops or problems with it. ● Clean credit report (for the owner) and no bank obligations or defaults. ● The owner is an individual. ● The title deed must be residential, commercial, or industrial. ● The title deed must be electronic and recent. ● A regulatory sketch must be available. ● Valued by Basma or Esnad (recent valuation) not exceeding 3 months from its issuance. ● The entire property on one title deed. ● You have not previously benefited from rent with a company or bank. ● Properties gifted, inherited, belonging to princes, or companies are not accepted. ● The minimum property price is (100 million) for the company affiliated with five local banks, and through the funds, the minimum is (500 million). *Regarding percentages and execution:* ● Monthly profit of (20%) of the property's valuation for the company affiliated with 5 local banks, monthly profit of (10%) through the fund, reaching (20%) in some cases. ● The program and cycle duration is (10) months, renewable for up to 3 cycles, each cycle of 10 months, reaching a total of 30 months. If the owner wishes to renew, the company will contact him before the end of the 10 months of the cycle. ● There is an operational mortgage, not a financing one. The owner can release the mortgage and terminate the contract at any time he wishes without incurring any financial obligations related to it. ● The owner commits not to dispose of the property for the duration of the program. ● The commission percentage is (5%) of the property's valuation, sent with each monthly payment in the program. *□Regarding the execution mechanism:* # If all documents are presented to the executor and approved, the documents will be presented to the company for final approval, and then execution will take place. # The contracts will be reviewed and studied by the owner, which details the mechanism, guarantees, and insurance for the rent-for-benefit program. # Official signing under the umbrella of entities regulated by the Saudi Central Bank.