1. Property Improvements: Terms regarding tenant improvements and their impact on option price, used when improvements are anticipated

2. Assignment and Subletting: Rights and restrictions regarding transfer of lease or option rights, included when these rights are to be granted

3. Environmental Matters: Environmental obligations and representations, important for commercial properties

4. Option Extension: Provisions for extending the option period, included when flexibility is desired

5. Rent Credit: Terms for applying rent payments towards purchase price, used when part of rent will count towards purchase

6. Due Diligence: Pre-purchase investigation rights, included for complex properties

7. Mediation Clause: Alternative dispute resolution procedures, optional but recommended

1. Property Description: Detailed legal description and plans of the property

2. Rent Schedule: Detailed breakdown of rent payments and increases

3. Condition Report: Initial condition of the property at lease commencement

4. Option Exercise Form: Template notice for exercising the purchase option

5. Permitted Use: Detailed specifications of allowed property usage

6. Insurance Requirements: Specific insurance types and coverage amounts required

7. Maintenance Schedule: Detailed allocation of maintenance responsibilities

8. Required Permits: List of necessary permits and certificates