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1. Parties: Identification of the seller/future tenant and buyer/future landlord, including full legal names and addresses
2. Background: Context of the transaction, including property description and purpose of the sale-leaseback arrangement
3. Definitions: Key terms used throughout the agreement, including Property, Completion Date, Lease Commencement Date, etc.
4. Sale Provisions: Terms of the sale including purchase price, deposit, and completion mechanics
5. Property Transfer Obligations: Responsibilities for title transfer, registration, and associated costs
6. Lease Terms: Core lease provisions including term, rent, payment schedule, and renewal options
7. Condition of Property: State of the property at sale and lease commencement, including any warranties or disclaimers
8. Maintenance and Repairs: Responsibilities for property maintenance, repairs, and improvements during the lease period
9. Insurance and Liability: Insurance requirements and allocation of risks between parties
10. Default and Remedies: Consequences of default under either the sale or lease provisions
11. Representations and Warranties: Statements of fact and promises by both parties regarding the property and transaction
12. Completion and Possession: Procedures for closing the sale and commencing the lease
13. Governing Law: Applicable law and jurisdiction for dispute resolution
1. Environmental Matters: Required when the property has potential environmental concerns or specific compliance requirements
2. Property Management: Included when specific property management arrangements are needed during the lease period
3. Development Rights: Necessary when either party retains rights to develop or modify the property
4. Purchase Option: Included when the tenant has an option to repurchase the property
5. Tax Indemnity: Required when specific tax arrangements or indemnities are needed
6. Security Deposit: Included when additional security is required for the lease obligations
7. Assignment and Subletting: Detailed provisions when transfer rights are complex or critical
8. Operating Expenses: Detailed breakdown when operating costs are significant or complex
1. Property Description: Detailed legal description of the property and any included fixtures or equipment
2. Purchase Price Allocation: Breakdown of the purchase price across land, buildings, and other assets
3. Rent Schedule: Detailed breakdown of rent payments, including any escalations or adjustments
4. Permitted Use: Specific terms regarding allowed uses of the property during the lease period
5. Condition Report: Detailed assessment of property condition at sale/lease commencement
6. Service Agreements: List of transferred service contracts and maintenance agreements
7. Required Insurance: Detailed insurance requirements and specifications
8. Operating Expense Budget: Initial budget for property operating expenses and allocation
9. Environmental Reports: Any environmental assessments or reports relied upon for the transaction
Property
Purchase Price
Completion Date
Lease Commencement Date
Lease Term
Base Rent
Additional Rent
Operating Expenses
Permitted Use
Completion
Business Day
GST/HST
Initial Term
Renewal Term
Seller
Buyer
Landlord
Tenant
Security Deposit
Common Areas
Improvements
Fixtures
Environmental Laws
Hazardous Substances
Insurance Requirements
Lease Year
Maintenance Obligations
Operating Costs
Property Manager
Real Property Taxes
Registration Costs
Related Documents
Rent Commencement Date
Service Contracts
Substantial Damage
Term
Title Documents
Transfer Documents
Utilities
Working Capital Adjustments
Purchase Price
Deposit
Title Transfer
Property Transfer
Due Diligence
Lease Terms
Rent Payment
Operating Expenses
Insurance
Maintenance and Repairs
Alterations
Assignment and Subletting
Environmental Compliance
Representations and Warranties
Indemnification
Default and Remedies
Force Majeure
Dispute Resolution
Governing Law
Registration
Tax Matters
Utilities
Property Management
Common Areas
Permitted Use
Security Deposit
Option to Purchase
Completion Conditions
Property Access
Confidentiality
Notice
Severability
Entire Agreement
Amendment
Survival
Time of Essence
Further Assurances
Real Estate
Commercial Property
Industrial Manufacturing
Retail
Healthcare
Hospitality
Logistics and Warehousing
Financial Services
Education
Technology
Legal
Finance
Real Estate
Operations
Facilities Management
Risk Management
Treasury
Corporate Development
Property Management
Asset Management
Chief Financial Officer
Real Estate Director
Corporate Treasurer
Property Manager
Facilities Manager
Legal Counsel
Asset Manager
Finance Director
Operations Director
Risk Manager
Commercial Director
Investment Manager
Corporate Development Manager
Real Estate Investment Manager
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