The Lease Sale Agreement serves as a crucial legal instrument in Philippine property transactions where parties wish to combine leasing and purchasing into a single arrangement. This document type is particularly useful when buyers need time to secure full financing or want to occupy the property immediately while building equity through lease payments. The agreement must conform to Philippine legal requirements, including the Civil Code, Maceda Law, and property registration regulations. It typically includes detailed provisions for both the leasing phase (including rental terms, maintenance, and use restrictions) and the sale phase (including purchase price, payment crediting, and transfer conditions). This document type is commonly used in both residential and commercial property transactions, offering flexibility while protecting both parties' interests under Philippine law.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification and details of the Lessor-Seller and Lessee-Buyer, including their legal capacity to contract
2. Background: Context of the agreement, including property description and intent to combine lease with eventual sale
3. Definitions: Key terms used throughout the agreement, including financial, property, and timing-related definitions
4. Lease Term and Payments: Duration of the lease period, rental payment amounts, schedule, and method of payment
5. Property Sale Terms: Purchase price, credit for lease payments, and conditions for transfer of ownership
6. Conversion from Lease to Sale: Process and conditions for converting the lease into a sale, including timing and requirements
7. Property Condition and Use: State of the property, permitted uses, and maintenance responsibilities during lease period
8. Rights and Obligations: Specific duties of both parties during both lease and sale phases
9. Insurance and Taxes: Requirements for property insurance and responsibility for various taxes and fees
10. Default and Remedies: Events of default, cure periods, and available remedies for both parties
11. Termination: Grounds for termination and consequences, including any refund rights under Maceda Law
12. Governing Law and Jurisdiction: Specification of Philippine law governance and jurisdiction for disputes
13. Execution: Signature blocks and notarization requirements
1. Broker Provisions: Include when a broker is involved in the transaction, detailing commissions and responsibilities
2. Mortgage Contingency: Include when the buyer requires mortgage financing to complete the purchase
3. Property Management: Include for commercial properties requiring specific management arrangements during the lease period
4. Environmental Provisions: Include for industrial or commercial properties with potential environmental concerns
5. Common Area Provisions: Include for properties in multi-unit developments or condominiums
6. Construction or Renovation: Include when modifications to the property are permitted or required
7. Assignment and Subletting: Include when transfer rights need to be specifically addressed
1. Schedule A - Property Description: Detailed legal description of the property, including boundaries and technical specifications
2. Schedule B - Payment Schedule: Detailed breakdown of lease payments, purchase price, and payment terms
3. Schedule C - Property Inventory: List of fixtures, fittings, and equipment included in the lease-sale
4. Schedule D - Property Condition Report: Detailed assessment of property condition at commencement of lease
5. Schedule E - Permitted Modifications: Specific alterations or improvements permitted during the lease period
6. Appendix 1 - Required Insurance: Detailed insurance requirements and coverage specifications
7. Appendix 2 - Property Rules and Regulations: Specific rules governing property use and maintenance
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Commercial Property
Residential Property
Industrial Property
Retail
Manufacturing
Agriculture
Hospitality
Office Space
Warehouse and Logistics
Relevant Teams
Legal
Real Estate
Finance
Operations
Compliance
Risk Management
Facilities Management
Business Development
Property Management
Asset Management
Contract Administration
Relevant Roles
Real Estate Manager
Property Manager
Legal Counsel
Real Estate Broker
Corporate Lawyer
Financial Controller
Business Development Manager
Asset Manager
Operations Director
Compliance Officer
Contract Administrator
Facilities Manager
Real Estate Developer
Investment Manager
Risk Manager
Find the exact document you need
Offer To Purchase Vehicle
A legally binding offer to purchase a vehicle under Philippine law, specifying purchase terms and conditions while ensuring compliance with local regulations.
find out more
Offer To Purchase Commercial (Real Estate)
A formal offer document for the purchase of commercial real estate in the Philippines, compliant with Philippine property laws and regulations.
find out more
Offer Agreement (Real Estate)
A formal proposal document under Philippine law outlining terms and conditions for purchasing real estate property, including offer price and contingencies.
find out more
Horse Purchase Contract
A Philippine law-governed contract for the sale and purchase of horses, detailing terms of sale, horse identification, and ownership transfer.
find out more
Agreement To Buy And Sell (Real Estate)
A Philippine law-governed agreement documenting the terms and conditions for the sale and purchase of real estate property between seller and buyer.
find out more
Simple Agreement Of Sale (Real Estate)
A standardized real estate sale agreement under Philippine law for transferring property ownership, detailing essential terms and conditions of the sale transaction.
find out more
Lease Purchase Agreement (Real Estate)
A Philippine law-governed agreement combining property lease terms with a purchase option, where rent payments contribute to the final purchase price.
find out more
Forward Purchase Agreement (Real Estate)
A Philippine law-governed agreement for the future purchase of real estate, typically used for properties under development, detailing purchase terms and transfer requirements.
find out more
Contract To Sell (Real Estate)
A Philippine law-compliant contract committing to transfer real estate ownership upon full payment, governed by the Civil Code and real estate protection laws.
find out more
Contract For The Sale And Purchase Of (Real Estate)
A legally binding agreement under Philippine law that documents the terms and conditions for the sale and transfer of real estate property between a seller and buyer.
find out more
Sellers Agreement (Real Estate)
A legally binding agreement under Philippine law that documents the terms and conditions for the sale of real estate property between a seller and buyer.
find out more
Letter Of Intent To Purchase (Real Estate)
A preliminary document used in Philippine real estate transactions expressing a potential buyer's formal interest in purchasing a specific property and outlining basic terms of the proposed purchase.
find out more
Closing Agreement (Real Estate)
A legally binding agreement under Philippine law that finalizes real estate property transfer between parties, detailing closing requirements and transfer procedures.
find out more
For Sale By Owner Purchase Contract
A Philippine-compliant purchase agreement for direct property sales between owners and buyers, without broker involvement.
find out more
Agreement To Sell Immovable Property
A Philippine law-governed agreement establishing terms and conditions for the future sale of immovable property, serving as a preliminary contract before the final Deed of Absolute Sale.
find out more
For Sale By Owner Real Estate Purchase Agreement
A Philippine-law governed agreement for direct property sales between owners and buyers without primary broker involvement, documenting all essential terms and conditions of the real estate transfer.
find out more
Used Car Purchase Agreement
A legally binding agreement for the sale and purchase of used vehicles in the Philippines, compliant with local automotive and consumer protection laws.
find out more
As Is Sale Contract
A Philippine law-governed contract for the sale of property or goods in their current condition, with limited warranties and 'as is' provisions.
find out more
Offer To Purchase Land
A Philippine law-compliant document presenting formal terms and conditions for the purchase of land, initiating the property acquisition process.
find out more
Real Estate Purchase Agreement Form
A legal agreement under Philippine law for the sale and purchase of real property, detailing terms, conditions, and requirements for property transfer.
find out more
Agreement For Advance Payment For Purchase Of House
A Philippine law-compliant agreement establishing terms for advance payment in residential property purchase, protecting both buyer and seller interests.
find out more
Heavy Equipment Purchase Agreement
A Philippine law-governed agreement for the purchase of heavy equipment, detailing specifications, terms, and compliance requirements.
find out more
Car Lease To Own Agreement
A Philippine law-governed agreement establishing terms for vehicle lease-to-own arrangements, including lease terms, payment schedules, and eventual ownership transfer conditions.
find out more
Equipment Purchase Contract
A Philippine law-governed contract for equipment purchase, covering specifications, payment terms, warranties, and regulatory compliance.
find out more
Business Sale Contract
A Philippine law-governed agreement for the sale and purchase of a business, including terms, conditions, and transition arrangements.
find out more
Second Hand Car Purchase Agreement
A legally-binding agreement for the sale and purchase of a second-hand vehicle under Philippine law, detailing transaction terms and transfer requirements.
find out more
Buyback Agreement
A Philippine law-governed agreement detailing terms and conditions for a company's repurchase of its own shares from existing shareholders.
find out more
Vehicle Hire Purchase Agreement
A Philippine law-governed agreement for vehicle purchase through installment payments, establishing terms between a finance company and purchaser until full payment is made.
find out more
Model Asset Purchase Agreement
A standardized agreement under Philippine law governing the sale and purchase of business assets, including terms, conditions, and regulatory compliance requirements.
find out more
Commercial Real Estate Contract
A Philippine law-governed agreement for commercial real estate transactions, covering property sale terms, conditions, and compliance requirements.
find out more
Aircraft Sale Agreement
A Philippine law-governed agreement for the sale and transfer of aircraft ownership, including technical specifications, regulatory compliance, and transaction terms.
find out more
Agreement For Advance Payment For Purchase Of Goods
A Philippine law-governed agreement establishing terms for advance payment in goods purchase, including payment terms, delivery obligations, and security measures.
find out more
Advance Agreement For Land Purchase
A preliminary contract under Philippine law establishing terms and conditions for a future land purchase, including advance payment arrangements and completion timeline.
find out more
Residential Real Estate Contract
A legally binding agreement under Philippine law for the sale and purchase of residential real estate property, detailing terms, conditions, and obligations of all parties involved.
find out more
Sales Agreement For A Car
A legally binding agreement under Philippine law that documents the terms and conditions for the sale and purchase of a motor vehicle, ensuring proper transfer of ownership and regulatory compliance.
find out more
Purchase Agreement Letter
A formal letter-format document used in the Philippines that outlines the terms and conditions of a purchase agreement between parties, combining business correspondence with legal requirements.
find out more
Probate Purchase Agreement
A legal agreement under Philippine law governing the sale and transfer of probate assets or rights from an estate to a buyer.
find out more
Personal Property Purchase Agreement
A legally binding agreement under Philippine law that documents the sale and transfer of personal property between parties, specifying terms, conditions, and obligations.
find out more
Non Binding Letter Of Intent To Purchase Product
A preliminary, non-binding document under Philippine law expressing a potential buyer's intention to purchase specific products, outlining key terms and conditions for future negotiations.
find out more
Earnest Money Form
A Philippine legal document formalizing earnest money terms between buyer and seller in property transactions, governed by the Civil Code of the Philippines.
find out more
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)