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1. Mortgage Contingency: Include when the option holder requires financing to complete the purchase

2. Property Development Conditions: Include when the option is contingent on specific zoning or development approvals

3. Environmental Provisions: Include when environmental investigations or remediation may be required

4. Assignment Rights: Include when the option holder may want to transfer the option rights to another party

5. Extension Provisions: Include when parties want to allow for possible extension of the option period

6. Right of First Refusal: Include when the option holder should have priority if the owner receives other offers

7. Property Management: Include when specific arrangements are needed for property maintenance during the option period

8. Tenant Provisions: Include when the property has existing tenants whose rights need to be addressed

1. Schedule A - Property Description: Detailed legal description of the property including lot numbers, boundaries, and existing easements

2. Schedule B - Property Plans: Site plans, surveys, or architectural drawings of the property

3. Schedule C - Option Premium Payment Schedule: If the option premium is paid in installments, details the payment dates and amounts

4. Schedule D - Permitted Encumbrances: List of accepted liens, easements, or other encumbrances on the property

5. Schedule E - Due Diligence Requirements: Specific requirements and timelines for property inspection and investigation

6. Appendix 1 - Property Photographs: Current photographs documenting the property's condition

7. Appendix 2 - Title Documents: Copies of relevant title documents and certificates

8. Appendix 3 - Environmental Reports: Any existing environmental assessments or reports