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1. Parties: Identification of the lessor/seller and lessee/buyer, including full legal names, identification numbers, and addresses
2. Background: Context of the agreement, including the property ownership status and intention to lease with option to purchase
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Detailed description of the property including address, lot number, and registered particulars
5. Lease Terms: Duration of lease, rental amount, payment terms, and deposit requirements
6. Purchase Option: Terms and conditions of the purchase option, including purchase price and exercise period
7. Maintenance and Repairs: Responsibilities for property maintenance and repairs during the lease period
8. Insurance: Requirements for property insurance during the lease period
9. Utilities and Outgoings: Responsibility for utilities, management fees, and other property-related expenses
10. Exercise of Purchase Option: Procedure for exercising the purchase option and completion requirements
11. Warranties and Representations: Warranties given by both parties regarding the property and their capacity to enter into the agreement
12. Default and Termination: Consequences of default and conditions for termination
13. Governing Law and Jurisdiction: Confirmation of Hong Kong law as governing law and jurisdiction
14. Execution: Signature blocks and execution formalities
1. Mortgage Details: Required if the property is mortgaged, detailing arrangements with existing mortgagee
2. Fixtures and Fittings: Detailed list of included/excluded items when specific items need to be addressed
3. Special Conditions: Any unique terms specific to the property or arrangement
4. Property Management: Required for properties in managed buildings, detailing management rules and regulations
5. Rental Application to Purchase Price: If any portion of rent paid will be applied to the purchase price
6. Assignment Restrictions: If there are specific restrictions on assigning or subletting during the lease period
7. Building Works: If alterations or renovations are permitted during the lease period
8. Car Parking: If parking spaces are included in the lease and sale
1. Schedule 1 - Property Details: Detailed property description, including floor plan and area measurements
2. Schedule 2 - Inventory List: Detailed inventory of fixtures, fittings, and furnishings included in the lease and sale
3. Schedule 3 - Payment Schedule: Breakdown of rental payments and purchase price payment structure
4. Schedule 4 - Property Condition Report: Detailed report on the condition of the property at lease commencement
5. Schedule 5 - Building Rules and Regulations: Copy of building management rules if applicable
6. Appendix A - Property Ownership Documents: Copies of title documents and land search
7. Appendix B - Property Photos: Photographic record of property condition
8. Appendix C - Required Forms: Standard forms required for Hong Kong property transactions
Real Estate
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Banking and Finance
Property Management
Commercial Property
Residential Property
Property Investment
Corporate Services
Professional Services
Legal
Real Estate
Property Management
Facilities
Operations
Compliance
Risk Management
Corporate Services
Asset Management
Investment
Administration
Real Estate Lawyer
Property Manager
Real Estate Agent
Legal Counsel
Property Director
Facilities Manager
Contract Manager
Corporate Lawyer
Property Investment Manager
Compliance Officer
Real Estate Development Manager
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Property Operations Manager
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