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1. Development Conditions: Used when the option is contingent on obtaining development approvals or permits

2. Foreign Ownership Compliance: Required when the Option Holder is a foreign entity, detailing compliance with Philippine foreign ownership restrictions

3. Multiple Owners Provisions: Required when there are multiple owners of the property

4. Due Diligence: Detailed provisions for property investigation if significant due diligence is required

5. Environmental Matters: Required when environmental issues are relevant to the property

6. Existing Tenancies: Required when there are existing tenants or occupants on the property

7. Local Authority Requirements: Special provisions relating to local government requirements or zoning matters

8. Assignment Rights: Optional provisions allowing the Option Holder to assign the option

1. Property Details: Detailed technical description of the property, including lot numbers, boundaries, and title information

2. Title Documents: Copies of relevant title documents and certificates

3. Payment Schedule: Detailed breakdown of payment terms and schedules

4. Form of Transfer: Template of the transfer document to be used upon exercise of the option

5. Due Diligence Requirements: List of required due diligence items and documentation

6. Permitted Encumbrances: List of accepted encumbrances or restrictions on the property

7. Required Consents: List of required governmental or third-party consents

8. Property Plans: Survey plans, maps, or drawings of the property