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1. Parties: Identification of lessor/potential seller and lessee/potential buyer with complete details
2. Background: Context of the agreement, property overview, and parties' intentions regarding lease and future purchase
3. Definitions: Definitions of key terms used throughout the agreement
4. Lease Terms: Duration, rent amount, payment schedule, security deposit, and maintenance responsibilities
5. Property Use and Maintenance: Permitted use of property, maintenance obligations, repairs, and improvements
6. Option to Purchase: Terms of purchase option, including option period, purchase price, and exercise procedure
7. Exercise of Option: Process and requirements for exercising the purchase option, including notice requirements and timeframes
8. Payment Terms: Purchase price, adjustments for rent paid, payment schedule, and deposit requirements upon exercise of option
9. Title and Due Diligence: Requirements for clear title, property inspection rights, and due diligence process
10. Insurance and Taxes: Insurance requirements during lease period and responsibility for property taxes
11. Default and Remedies: Events of default under lease or option terms and available remedies
12. Assignment and Subletting: Restrictions on assignment of lease or option rights
13. Notices: Process for serving formal notices between parties
14. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction
15. Boilerplate Provisions: Standard clauses including severability, entire agreement, and amendments
1. Environmental Matters: Required for industrial or commercial properties to address environmental compliance and liabilities
2. Improvements and Alterations: Detailed section needed when significant property modifications are anticipated
3. Property Management: Required for commercial properties or complexes with common areas
4. Utilities and Services: Detailed section needed for properties with shared utilities or special service requirements
5. Right of First Refusal: Optional additional right if lessor receives third-party purchase offers during lease term
6. Broker Relationships: Required if real estate brokers are involved in the transaction
7. Force Majeure: Detailed provisions for unforeseen circumstances affecting property use or purchase completion
1. Schedule A - Property Description: Detailed legal description of the property including boundaries and measurements
2. Schedule B - Rent Schedule: Detailed breakdown of rent payments, escalations, and due dates
3. Schedule C - Purchase Price Calculation: Formula for final purchase price including rent credit and adjustments
4. Schedule D - Property Inventory: List of fixtures, fittings, and equipment included in lease and potential sale
5. Schedule E - Maintenance Responsibilities: Detailed split of maintenance obligations between lessor and lessee
6. Schedule F - Condition Report: Initial condition of property with photographs and descriptions
7. Appendix 1 - Required Notices: Format of notices for exercising option and other formal communications
8. Appendix 2 - Property Documents: Copies of title documents, permissions, and certificates
Property
Lease Term
Commencement Date
Expiration Date
Base Rent
Security Deposit
Option Period
Option Exercise Date
Option Notice
Purchase Price
Rent Credit
Due Diligence Period
Closing Date
Permitted Use
Common Areas
Improvements
Fixtures and Fittings
Force Majeure Event
Business Day
Applicable Laws
Lessor
Lessee
Maintenance Charges
Property Tax
Insurance Requirements
Default Event
Utilities
Transfer Documents
Registration Requirements
Stamp Duty
Encumbrances
Title Documents
Option Deposit
Completion Date
Contract Rate
Operating Expenses
Substantial Damage
Environmental Laws
Occupancy Certificate
Rent Escalation
Term and Renewal
Rent and Payment
Security Deposit
Option to Purchase
Purchase Price
Property Use
Maintenance and Repairs
Insurance
Assignment and Subletting
Utilities and Services
Property Tax
Alterations and Improvements
Default and Remedies
Force Majeure
Registration and Stamp Duty
Title and Ownership
Environmental Compliance
Indemnification
Termination
Notice
Dispute Resolution
Governing Law
Severability
Entire Agreement
Amendment
Representation and Warranties
Due Diligence
Compliance with Laws
Property Access
Common Areas
Broker Commission
Confidentiality
Survival
Time of Essence
Real Estate
Commercial Property
Residential Property
Retail
Industrial
Manufacturing
Hospitality
Healthcare
Education
Warehousing
Office Space
Agriculture
Legal
Finance
Real Estate
Operations
Facilities Management
Risk Management
Compliance
Property Management
Asset Management
Business Development
Investment
Real Estate Manager
Property Manager
Legal Counsel
Corporate Lawyer
Finance Director
Chief Financial Officer
Facilities Manager
Operations Manager
Business Development Manager
Risk Manager
Compliance Officer
Asset Manager
Real Estate Developer
Investment Manager
Property Acquisition Specialist
Contract Administrator
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