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1. Due Diligence: Terms regarding the buyer's right to conduct due diligence during the option period

2. Conditions Precedent: Any conditions that must be satisfied before the option can be exercised

3. Third Party Rights: Provisions regarding existing tenants, liens, or other third-party interests

4. Assignment: Whether and how the option rights may be assigned to other parties

5. Confidentiality: Provisions for maintaining confidentiality of the agreement and related information

6. Force Majeure: Provisions for unforeseen circumstances that may affect the agreement

7. Broker's Commission: Terms regarding any broker's or agent's commission, if applicable

8. Tax Provisions: Specific provisions regarding tax responsibilities and implications

9. Registration: Requirements and procedures for registering the option with relevant authorities

1. Schedule A - Property Description: Detailed description of the property or asset subject to the option

2. Schedule B - Option Fee Payment Terms: Detailed payment terms and schedule for the option fee

3. Schedule C - Form of Option Exercise Notice: Template notice for exercising the option

4. Schedule D - Due Diligence Requirements: List of required documents and information for due diligence

5. Schedule E - Existing Encumbrances: List of existing liens, encumbrances, or third-party rights

6. Appendix 1 - Required Documents: List of documents required for closing upon exercise of option

7. Appendix 2 - Property Plans/Photos: Visual documentation of the property (if applicable)