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1. Due Diligence: Used when the Grantee requires specific rights to conduct property investigations or due diligence during the option period

2. Property Maintenance: Include when specific obligations regarding property maintenance during the option period need to be established

3. Assignment: Include when either party may need to assign their rights under the option agreement

4. Broker/Agent Provisions: Required when real estate agents or brokers are involved in the transaction

5. Force Majeure: Include when parties want specific provisions for unforeseen circumstances affecting the option or property

6. Confidentiality: Used when parties require specific confidentiality obligations regarding the option or property details

7. Planning and Zoning: Include when the option exercise is conditional on specific planning or zoning requirements

8. Deposit Arrangements: Used when a deposit structure is required beyond the basic option fee

1. Property Description: Detailed description of the property including boundaries, plans, and included fixtures/fittings

2. Draft Lease: Full form of the proposed lease agreement to be entered into upon exercise of the option

3. Option Exercise Notice: Pro-forma notice for exercising the option

4. Condition Report: Current condition of the property at the time of option agreement

5. Existing Encumbrances: List of any existing encumbrances, easements, or restrictions on the property

6. Payment Schedule: Detailed breakdown of option fee, deposit, and future rent payments

7. Required Works: Any works to be completed by either party before or after option exercise