Lease Purchase Agreement (Real Estate) Template for Philippines

1. Property Use Restrictions: Additional restrictions on property use, recommended when the property is subject to specific zoning or community regulations

2. Subleasing Provisions: Terms regarding subleasing rights, include when subleasing might be permitted

3. Early Purchase Option: Terms for exercising the purchase option before the end of the lease term, include if early purchase will be allowed

4. Property Management: Detailed property management terms, recommended for commercial properties or complex residential arrangements

5. Environmental Provisions: Environmental responsibilities and compliance requirements, important for commercial properties or properties in environmentally sensitive areas

6. Assignment Rights: Terms regarding the right to assign the agreement, include when assignment might be permitted

7. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in areas prone to natural disasters

1. Schedule A - Property Details: Detailed technical description of the property, including lot plans and technical specifications

2. Schedule B - Payment Schedule: Detailed breakdown of all payments including monthly rentals and purchase price installments

3. Schedule C - Property Condition Report: Detailed assessment of the property's condition at the start of the lease

4. Schedule D - Included Fixtures and Fittings: List of fixtures and fittings included in the lease and eventual sale

5. Appendix 1 - Property Title Documents: Copies of relevant property title documents and certificates

6. Appendix 2 - Property Tax Certificates: Current tax declarations and certificates

7. Appendix 3 - Property Insurance Requirements: Detailed insurance requirements and specifications