Commercial Lease With Option To Purchase Template for Indonesia

1. Foreign Investment Provisions: Required when lessee/purchaser is a foreign entity, addressing specific requirements under Indonesian investment law

2. Building Modifications: Include when significant modifications or renovations are anticipated during the lease period

3. Environmental Compliance: Required for properties in environmentally sensitive areas or with specific environmental requirements

4. Property Management: Include when the property is part of a managed complex or requires specific management arrangements

5. Right of First Refusal: Optional additional right if parties want to address potential third-party purchase offers

6. Force Majeure: Detailed provisions for unforeseen circumstances, particularly relevant in Indonesian context

7. Language Requirements: Required when agreement needs to be bilingual, specifying prevailing language

8. Broker Provisions: Include when real estate brokers are involved in the transaction

1. Property Description Schedule: Detailed technical description of property, including maps, floor plans, and certificates

2. Rent Payment Schedule: Detailed breakdown of rent payments, including escalation rates and due dates

3. Purchase Price Calculation: Formula or method for determining final purchase price, including any adjustments

4. Condition Report: Initial condition of property with photographs and detailed descriptions

5. Permitted Uses: Detailed list of approved commercial activities and restrictions

6. Maintenance Schedule: Detailed breakdown of maintenance responsibilities and schedules

7. Required Permits: List of necessary permits and licenses for property use

8. Insurance Requirements: Detailed specifications of required insurance coverage

9. Building Rules and Regulations: If applicable, specific rules governing the use of the property or building