Lease To Buy Agreement Template for New Zealand

1. Third Party Rights: Required when other parties have interests in the property or when third-party guarantors are involved

2. Property Management: Needed when a property manager will be involved during the lease period

3. Subdivision Rights: Required when the property may be subdivided during the lease period

4. Assignment and Subletting: Include when parties want to specifically address the ability to assign or sublet

5. Development Rights: Required when the property may be developed or significantly modified during the lease period

6. Early Purchase Option: Include when allowing the purchase option to be exercised before the end of the lease term

7. Rental Credit Structure: Required when a portion of rent payments will be credited toward the purchase price

1. Schedule 1: Property Description: Detailed description of the property including plans, certificates of title, and photographs

2. Schedule 2: Payment Schedule: Detailed breakdown of all payments including rent, option fees, and purchase price components

3. Schedule 3: Condition Report: Detailed report on the condition of the property at the start of the lease

4. Schedule 4: Maintenance Schedule: Specific maintenance requirements and schedules for both parties

5. Schedule 5: Option Exercise Form: Template form for exercising the purchase option

6. Appendix A: Property Compliance Documents: Copies of relevant compliance documents, certificates, and permits

7. Appendix B: Insurance Requirements: Detailed insurance requirements and specifications