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1. Parties: Identification and details of the lessor/vendor and lessee/purchaser
2. Background: Context of the transaction, including property details and intention to lease with option to purchase
3. Definitions: Definitions of key terms used throughout the agreement
4. Lease Terms: Duration of lease, rent amount, payment terms, and frequency
5. Property Use and Maintenance: Permitted use of property, maintenance responsibilities, and conditions
6. Purchase Option: Terms and conditions of the purchase option, including purchase price and exercise period
7. Exercise of Purchase Option: Process and requirements for exercising the purchase option
8. Completion Requirements: Requirements and procedures for completing the purchase transaction
9. Representations and Warranties: Statements of fact and promises by both parties regarding the property and transaction
10. Insurance and Risk: Insurance requirements and allocation of risk during lease and purchase phases
11. Default and Remedies: Consequences of default by either party and available remedies
12. Termination: Circumstances and procedures for terminating the agreement
13. Notices: Methods and addresses for formal communications between parties
14. Governing Law and Jurisdiction: Specification of Hong Kong law as governing law and jurisdiction for disputes
1. Mortgage and Financing: Include when purchaser requires mortgage financing, specifying conditions and requirements
2. Property Management: Include for properties in managed buildings or complexes, detailing management fees and obligations
3. Renovation and Alterations: Include when specific renovation or alteration rights are to be granted during the lease period
4. Assignment and Subletting: Include when transfer or subletting rights are to be granted
5. Break Clause: Include when early termination options are to be provided
6. Property Sharing: Include for shared properties or co-ownership arrangements
7. Special Conditions: Include when there are unique requirements or conditions specific to the transaction
1. Property Description: Detailed description of the property, including boundaries, floor plans, and fixtures
2. Inventory List: List of furniture, fixtures, and equipment included in the lease and purchase
3. Rent Payment Schedule: Detailed breakdown of rent payments, including dates and amounts
4. Purchase Price Calculation: Breakdown of purchase price, including any rent credit and adjustment mechanisms
5. Condition Report: Detailed report on the condition of the property at the start of lease
6. Maintenance Schedule: Schedule of mandatory maintenance and inspections
7. Required Approvals: List of necessary government and regulatory approvals
8. Building Rules and Regulations: Applicable building rules and management regulations
Building
Business Day
Completion
Completion Date
Deed of Assignment
Deposit
Encumbrances
Exercise Notice
Exercise Period
Government Lease
Government Rent
Hong Kong
Land Registry
Lease Commencement Date
Lease Period
Lease Term
Management Fees
Option Fee
Option Period
Option to Purchase
Parties
Permitted Use
Premium
Property
Purchase Option
Purchase Price
Rates
Rent
Rent Payment Date
Schedule of Condition
Security Deposit
Stamp Duty
Substantial Damage
Title Documents
Utilities
Vendor's Solicitors
Working Day
Grant of Lease
Rent and Payment
Security Deposit
Option to Purchase
Property Use
Maintenance and Repairs
Insurance
Alterations and Improvements
Assignment and Subletting
Utilities and Outgoings
Property Management
Representations and Warranties
Stamp Duty
Default and Remedies
Force Majeure
Termination
Property Access
Quiet Enjoyment
Liability and Indemnification
Notices
Costs and Expenses
Dispute Resolution
Governing Law
Entire Agreement
Severability
Waiver
Registration
Third Party Rights
Confidentiality
Real Estate
Commercial Property
Residential Property
Retail
Industrial
Hospitality
Office Space
Manufacturing
Warehousing
Mixed-Use Development
Legal
Real Estate
Property Management
Compliance
Finance
Facilities Management
Risk Management
Operations
Commercial
Asset Management
Real Estate Manager
Property Lawyer
Legal Counsel
Property Administrator
Facilities Manager
Contract Manager
Compliance Officer
Real Estate Director
Chief Legal Officer
Property Investment Manager
Asset Manager
Property Development Manager
Leasing Manager
Commercial Director
Finance Manager
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