Master Lease With Option To Purchase Template for Canada

1. Environmental Matters: Required for properties with potential environmental concerns or specific regulatory requirements

2. Property Management: Needed for properties requiring specific management arrangements or shared facilities

3. Improvements and Alterations: Required when tenant will make significant improvements that affect purchase price or require specific approvals

4. First Right of Refusal: Optional provision giving tenant right to match third-party offers

5. Property Tax Treatment: Special tax arrangements or allocations between parties

6. Financing Provisions: Required when purchase option involves specific financing arrangements or requirements

7. Operating Expenses: Detailed breakdown of expense allocations for commercial properties

1. Schedule A - Property Description: Legal description and details of the property

2. Schedule B - Rent Schedule: Detailed breakdown of rent payments, increases, and purchase price credits

3. Schedule C - Property Condition Report: Initial condition assessment and documentation

4. Schedule D - Permitted Uses: Detailed list of allowed property uses and restrictions

5. Schedule E - Purchase Price Calculation: Formula and methods for determining final purchase price

6. Schedule F - Required Insurance: Detailed insurance requirements and coverage limits

7. Appendix 1 - Property Plans: Property layouts, floor plans, or site plans

8. Appendix 2 - Environmental Reports: Any environmental assessments or reports

9. Appendix 3 - Service Contracts: Existing service contracts that may transfer with property