Master Lease With Option To Purchase Template for Philippines

1. Broker Representation: Required if real estate brokers are involved in the transaction, detailing their roles and commissions

2. Environmental Matters: Needed for properties with potential environmental concerns or compliance requirements

3. Tenant Improvements: Include when specific improvements by the tenant are contemplated or permitted

4. Property Management: Required when a property manager will be involved

5. Common Areas: Necessary for properties in commercial complexes or shared facilities

6. Utilities and Services: Detailed section needed for properties where utility arrangements are complex

7. Force Majeure: Optional expanded clause for areas prone to natural disasters or specific risks

8. Agricultural Provisions: Required if the property includes agricultural land, incorporating requirements of the Agricultural Land Reform Code

1. Schedule A - Property Description: Detailed technical description of the property, including lot number, boundaries, and technical description from the title

2. Schedule B - Rental Payment Schedule: Detailed breakdown of rental payments, including escalations and due dates

3. Schedule C - Option Price Calculation: Formula or breakdown for calculating the final purchase price, including any credits from rental payments

4. Schedule D - Property Condition Report: Detailed assessment of the property's condition at lease commencement

5. Schedule E - Permitted Uses: Specific details of allowed uses of the property under local zoning and this agreement

6. Schedule F - Insurance Requirements: Detailed insurance specifications and minimum coverage requirements

7. Appendix 1 - Property Title Documents: Copies of relevant property title documentation

8. Appendix 2 - Property Plans: Building plans, layouts, and relevant technical drawings

9. Appendix 3 - Maintenance Schedule: Detailed maintenance responsibilities and schedules for both parties