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1. Parties: Details of the lessor/seller and lessee/purchaser, including names, addresses, and legal status
2. Background: Context of the agreement, including property ownership status and parties' intentions regarding lease-purchase arrangement
3. Definitions: Key terms used throughout the agreement, including Property, Lease Period, Purchase Price, Option Period
4. Property Details: Comprehensive description of the property subject to the lease-purchase agreement
5. Lease Terms: Duration, rent amount, payment schedule, maintenance responsibilities, and other lease conditions
6. Purchase Option: Terms of the purchase option, including option price, exercise period, and mechanism for exercising the option
7. Purchase Price and Payment: Total purchase price, credit of rental payments, payment structure, and balance payment details
8. Conditions Precedent: Conditions that must be satisfied before the purchase option can be exercised
9. Representations and Warranties: Statements and guarantees made by both parties regarding the property and their capacity to enter the agreement
10. Covenants: Ongoing obligations of both parties during the lease period and purchase process
11. Default and Remedies: Consequences of default by either party and available remedies
12. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
13. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction over disputes
14. Notices: Method and addresses for serving notices under the agreement
15. Miscellaneous: Standard boilerplate provisions including severability, entire agreement, and amendments
1. Insurance: Detailed insurance requirements if not covered under general covenants
2. Property Improvements: Terms regarding modifications or improvements to the property during the lease period
3. Assignment and Subletting: Rights and restrictions regarding transfer of lease or purchase rights to third parties
4. Environmental Matters: Environmental warranties and obligations, particularly relevant for industrial properties
5. Force Majeure: Provisions for unforeseen circumstances affecting performance of obligations
6. Property Management: Specific arrangements for property management during the lease period
7. Utilities and Services: Detailed provisions regarding responsibility for utilities if not covered under lease terms
8. Mortgage and Encumbrances: Provisions dealing with existing or future mortgages on the property
1. Schedule A - Property Description: Detailed legal description of the property including boundaries and measurements
2. Schedule B - Rent Payment Schedule: Detailed schedule of rental payments including dates and amounts
3. Schedule C - Purchase Price Calculation: Breakdown of purchase price including credit for rent paid and adjustment mechanisms
4. Schedule D - Property Condition Report: Detailed assessment of property condition at the start of lease
5. Schedule E - Fixtures and Fittings: Inventory of fixtures and fittings included in the lease and purchase
6. Schedule F - Maintenance Requirements: Detailed maintenance obligations of both parties
7. Schedule G - Required Permits and Licenses: List of necessary permits and licenses for property use
8. Appendix 1 - Property Photos: Photographic documentation of property condition
9. Appendix 2 - Title Documents: Copies of relevant property title documents
Real Estate
Commercial Property
Residential Property
Industrial Property
Retail
Agriculture
Manufacturing
Hospitality
Office Space
Warehousing and Logistics
Legal
Real Estate
Finance
Compliance
Risk Management
Operations
Facilities Management
Property Management
Business Development
Asset Management
Real Estate Manager
Property Manager
Legal Counsel
Corporate Lawyer
Real Estate Agent
Property Developer
Financial Controller
Chief Financial Officer
Business Development Manager
Asset Manager
Facilities Manager
Contract Administrator
Real Estate Investment Manager
Compliance Officer
Risk Manager
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