Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Lease With Option To Buy Contract
"I need a Lease with Option to Buy Contract for a commercial property in Makati City, Philippines, with a 2-year lease term starting March 1, 2025, and an option to purchase the property at a pre-agreed price of 15 million pesos at any time during the lease period."
1. Parties: Identifies and provides full details of the Lessor/Potential Seller and Lessee/Potential Buyer
2. Background: Explains the context of the agreement and the parties' intentions regarding the lease and potential purchase
3. Definitions: Defines key terms used throughout the agreement
4. Property Description: Detailed description of the property subject to lease and potential purchase
5. Lease Terms: Specifies the duration of the lease, rental amount, payment terms, and frequency
6. Security Deposit: Details the amount, payment, and conditions for return of the security deposit
7. Option to Purchase: Specifies the terms and conditions of the purchase option, including purchase price and how rental payments may be credited
8. Option Period: Defines the timeframe during which the purchase option can be exercised
9. Exercise of Option: Procedures and requirements for exercising the purchase option
10. Maintenance and Repairs: Responsibilities of each party for property maintenance and repairs
11. Utilities and Expenses: Allocation of responsibility for utilities, taxes, and other expenses
12. Insurance: Required insurance coverage and responsibilities
13. Default and Remedies: Consequences of default under either the lease or purchase option terms
14. Governing Law: Specifies Philippine law as governing law and relevant jurisdictions
15. Notices: Methods and addresses for formal communications between parties
16. General Provisions: Standard contract clauses including severability, entire agreement, and amendments
1. Property Management: Include when a property manager or management company is involved in maintaining the property
2. Subletting: Include when subletting is to be permitted or specifically prohibited
3. Pet Policy: Include when pets are allowed or when specific pet restrictions apply
4. Improvements and Alterations: Include when the lessee is permitted to make specific modifications to the property
5. Environmental Matters: Include for properties with known environmental issues or specific environmental requirements
6. Common Areas: Include for properties that are part of a larger complex with shared facilities
7. Parking: Include when specific parking arrangements need to be detailed
8. Force Majeure: Include when parties want specific provisions for unforeseen circumstances
9. Mortgage Details: Include when the property has an existing mortgage that affects the purchase option
1. Schedule A - Property Details: Detailed property description, including lot number, boundaries, and technical specifications
2. Schedule B - Rent Payment Schedule: Detailed breakdown of rental payments, due dates, and payment methods
3. Schedule C - Purchase Price Calculation: Formula for determining final purchase price, including any rental credit calculations
4. Schedule D - Property Inventory: List of fixtures, fittings, and contents included in the lease and potential sale
5. Schedule E - Maintenance Schedule: Detailed breakdown of maintenance responsibilities and schedules
6. Appendix 1 - Property Photos: Documentary photographs of the property's condition at lease commencement
7. Appendix 2 - Required Insurance: Detailed insurance requirements and specifications
8. Appendix 3 - Property Rules: Any specific rules or regulations applicable to the property
Authors
Property
Lease Term
Commencement Date
Expiration Date
Base Rent
Security Deposit
Option Period
Option Fee
Purchase Price
Exercise Notice
Closing Date
Lessor
Lessee
Common Areas
Maintenance
Force Majeure
Default
Business Day
Utilities
Improvements
Rental Credits
Option Exercise Date
Permitted Use
Transfer
Fixtures
Operating Expenses
Real Estate Taxes
Insurance Requirements
Notice
Material Breach
Applicable Law
Registration Fees
Title Documents
Encumbrances
Occupancy
Payment Date
Property Manager
Sublease
Assignment
Environmental Laws
Hazardous Materials
Repair
Alteration
Certificate of Title
Closing Costs
Due Diligence Period
Deed of Absolute Sale
Governing Law
Recitals
Definitions
Grant of Lease
Term and Renewal
Rent and Payment
Security Deposit
Option to Purchase
Purchase Price
Property Use
Maintenance and Repairs
Utilities and Expenses
Insurance
Property Access
Alterations and Improvements
Assignment and Subletting
Default and Remedies
Termination
Force Majeure
Environmental Compliance
Property Condition
Title and Ownership
Registration and Documentation
Taxes and Fees
Representations and Warranties
Indemnification
Dispute Resolution
Governing Law
Notices
Entire Agreement
Amendment
Severability
Waiver
Counterparts
Survival
Real Estate
Property Development
Legal Services
Financial Services
Insurance
Property Management
Construction
Housing Development
Commercial Property
Residential Property
Legal
Real Estate
Property Management
Facilities
Compliance
Finance
Risk Management
Operations
Acquisitions
Asset Management
Real Estate Agent
Property Manager
Legal Counsel
Real Estate Attorney
Property Developer
Leasing Manager
Asset Manager
Financial Advisor
Contract Administrator
Real Estate Broker
Property Acquisition Manager
Facilities Manager
Real Estate Investment Manager
Compliance Officer
Title Officer
Find the exact document you need
Simple Commercial Truck Lease Agreement
A Philippine law-governed agreement for commercial truck leasing, establishing terms and conditions for vehicle rental between lessor and lessee.
Sale And Leaseback Agreement
A Philippine law-governed agreement combining property sale with immediate leaseback, allowing property owners to monetize assets while maintaining operational use.
Yard Lease Agreement
A Philippine law-governed agreement establishing terms and conditions for leasing outdoor space or yard areas, including rental terms and usage rights.
Month To Month Residential Rental Agreement
A Philippine-compliant Month-to-Month Residential Rental Agreement establishing terms for flexible residential tenancy arrangements under Philippine law.
Pet Agreement For Rental
A Philippine-compliant rental agreement addendum governing pet ownership in rental properties, outlining permissions, responsibilities, and liabilities for both landlord and tenant.
Shop Rental Agreement
A Philippine law-governed agreement establishing terms and conditions for commercial shop space rental between lessor and lessee.
Car Lease Contract
A Philippine law-governed agreement establishing terms and conditions for vehicle leasing, compliant with local transportation and consumer protection regulations.
Business Lease Agreement
A Philippine law-governed agreement establishing terms and conditions for commercial property lease between a business tenant and property owner.
Rental And Lease Agreement
A legally binding agreement under Philippine law establishing terms and conditions for property rental between lessor and lessee.
Six Month Tenancy Agreement
A six-month tenancy agreement template compliant with Philippine law, establishing terms and conditions for short-term property leases.
Residential Sublease Agreement
A Philippine law-governed agreement enabling an existing tenant to legally rent out their leased property to another party, establishing terms and conditions compliant with local property regulations.
Private Land Lease Agreement
A Philippine law-governed agreement establishing terms and conditions for private land lease arrangements between lessor and lessee.
Boarding House Tenancy Agreement
A Philippine-law governed agreement establishing terms and conditions for boarding house accommodation, defining rights and obligations of owners and tenants.
Weekly Rental Agreement
A Philippine law-compliant agreement establishing terms and conditions for weekly property rentals, including payment terms, obligations, and tenant rights.
Trailer Lease Agreement
A legal agreement governed by Philippine law establishing terms and conditions for trailer leasing, including specifications, payments, maintenance, and liability provisions.
Space Rental Agreement
A legally binding agreement under Philippine law that establishes terms and conditions for renting physical space between a lessor and lessee.
Office Rental Agreement
A Philippine law-governed agreement establishing terms and conditions for commercial office space rental between lessor and lessee.
Lifetime Lease Agreement
A Philippine law-governed agreement granting lifetime property occupancy rights to a lessee, establishing long-term lease conditions and responsibilities.
Car Lease Agreement Between Two Parties
A Philippine law-governed agreement establishing terms and conditions for vehicle leasing between two parties, including payment terms, maintenance responsibilities, and usage conditions.
5 Year Commercial Lease Agreement
A five-year commercial property lease agreement compliant with Philippine law, establishing terms and conditions for commercial property rental.
Family Member Lease Agreement
A Philippine law-compliant lease agreement specifically designed for property rental arrangements between family members, combining standard lease provisions with family-specific considerations.
Vehicle Rent Agreement
A legally binding agreement under Philippine law governing the temporary rental of a vehicle, specifying terms, conditions, and obligations between lessor and lessee.
Lease With Option To Purchase
A Philippine law-governed agreement combining property lease terms with a future purchase option, establishing rights and obligations for both temporary occupation and potential ownership transfer.
Short Term Land Lease Agreement
A Philippine law-governed agreement for temporary land lease arrangements, typically spanning one year or less, detailing terms and conditions between lessor and lessee.
Short Tenancy Agreement
A Philippine law-compliant agreement establishing terms and conditions for short-term property rental arrangements between landlord and tenant.
Month To Month Sublease Agreement
A Philippine law-compliant agreement establishing a monthly renewable sublease arrangement between a current tenant and a new tenant, with automatic monthly renewal provisions.
Mobile Home Lease Agreement
A Philippine law-governed agreement establishing terms and conditions for mobile home leasing, including rights, responsibilities, and compliance with local regulations.
Year Lease Agreement
A Philippine-compliant one-year lease agreement template establishing terms and conditions for property rental, aligned with local property laws and regulations.
Commercial Land Lease Agreement
A Philippine law-governed agreement establishing terms for commercial land lease between property owner and business tenant.
Simple Shop Rental Agreement
A Philippine-law governed agreement for commercial shop rental, establishing essential terms between landlord and tenant for retail premises.
Lot Lease Agreement
A legal agreement under Philippine law governing the lease of land property, establishing terms between lessor and lessee including rights, obligations, and land use conditions.
Lease With Option To Buy Contract
A Philippine law-governed agreement combining property lease terms with an option for the lessee to purchase the property under specified conditions.
Tenancy Agreement
A Philippine law-governed agreement establishing terms and conditions for property rental between landlord and tenant, compliant with local rental regulations and civil code requirements.
Company Lease Agreement
A Philippine law-governed commercial lease agreement between a landlord and corporate tenant for business premises.
Retail Lease Agreement
A Philippine law-governed agreement establishing terms and conditions for retail space leasing in commercial properties, including rights, obligations, and operational requirements.
Billboard Lease Agreement
A Philippine law-governed agreement for leasing property space for billboard installation and operation, establishing terms between property owners and billboard operators.
Multiple Tenant Lease Agreement
A Philippine law-governed agreement establishing terms and conditions for multiple tenants sharing a property, including rights, obligations, and common area management.
Joint Lease Agreement
A Philippine law-governed agreement establishing terms for multiple tenants to jointly lease a property, defining shared responsibilities and obligations.
Condo Lease Agreement
A Philippine law-governed agreement establishing terms and conditions for condominium unit rental, outlining rights and obligations of lessor and lessee.
Shared Tenancy Agreement
A Philippine law-compliant agreement establishing terms for multiple tenants sharing a residential property, including rent, utilities, and shared space arrangements.
Rent To Own Agreement Form
A Philippine law-governed agreement combining property rental terms with a future purchase option, allowing tenants to accumulate purchase credits through rent payments.
Office Space Lease Agreement
A Philippine law-governed agreement establishing terms and conditions for commercial office space rental between a lessor and lessee.
Garage Lease Agreement
A Philippine law-governed agreement establishing terms and conditions for garage space rental, including rights, obligations, and compliance with local property regulations.
Employee Lease Agreement
A Philippine law-compliant agreement between a staffing agency and client company for temporary employee leasing arrangements, ensuring regulatory compliance and protecting all parties' interests.
Truck Rental Agreement
A Philippine law-governed agreement setting out terms and conditions for truck rental arrangements, including operational, financial, and liability provisions.
Storage Lease Agreement
A legal agreement under Philippine law establishing terms and conditions for leasing storage space, including rental terms, access rights, and liability provisions.
Subletting Tenancy Agreement
A Philippine law-governed agreement enabling a tenant to legally rent out their leased property to another party, establishing terms and conditions for the sublease arrangement.
Truck Lease Agreement
A Philippine law-governed agreement establishing terms and conditions for commercial truck leasing, including operational, financial, and regulatory requirements.
Tenant Rental Agreement
A legally binding rental agreement under Philippine law establishing terms and conditions between landlord and tenant for property lease.
Sub Lease Agreement
A Philippine law-governed agreement establishing terms for subleasing property from an existing tenant to a new occupant.
Simple Rental Lease Agreement
A standard rental lease agreement template for Philippine properties, compliant with local laws and regulations, establishing basic terms for property rental.
Simple Lease Agreement
A standardized lease agreement compliant with Philippine law, establishing terms for property rental between lessor and lessee.
Salon Booth Rental Agreement
A Philippine law-governed agreement establishing terms for booth rental between salon owners and independent beauty professionals.
Residential Tenancy Agreement
A Philippine law-compliant agreement establishing terms and conditions for residential property rental between landlord and tenant.
Room Lease Agreement
A Philippine law-compliant agreement establishing terms and conditions for room rental, including rights and obligations of lessor and lessee.
Residential Lease Agreement
A legally binding agreement under Philippine law establishing terms and conditions for residential property rental between landlord and tenant.
Property Lease Agreement
A legal agreement under Philippine law establishing terms and conditions for property rental, defining rights and obligations of lessors and lessees.
Lease Purchase Contract
A Philippine law-governed agreement combining lease and purchase terms, allowing a lessee to rent property with the option to purchase it under specified conditions.
Lease Option Agreement
A Philippine law-governed agreement combining a property lease with an option for the tenant to purchase the property at a predetermined price within a specified period.
Landlord Rental Agreement
A Philippine law-compliant agreement establishing rental terms and conditions between landlord and tenant, including rights, obligations, and property usage terms.
House Rental Agreement
A legally binding agreement under Philippine law establishing terms and conditions for residential property rental between landlord and tenant.
Easy Lease Agreement
A simplified lease agreement template compliant with Philippine law, designed for straightforward property rental arrangements.
Commercial Property Lease Agreement
A Philippine law-governed agreement establishing terms and conditions for commercial property lease between lessor and lessee.
Download our whitepaper on the future of AI in Legal
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.