Commercial Lease Option To Buy Template for India

1. Property Management: Include when specific property management arrangements are needed for large commercial properties

2. Fit-out Works: Include when tenant is permitted to perform initial modifications to the property

3. Assignment and Subletting: Include when transfer of lease rights or subletting is to be permitted

4. Environmental Compliance: Include for properties where environmental regulations are significant

5. Operating Expenses: Include for triple net leases or specific operating cost arrangements

6. Break Clause: Include when early termination options are to be provided

7. Force Majeure: Include when specific force majeure provisions are required beyond standard contract law

8. Guarantees: Include when additional security through personal or corporate guarantees is required

1. Property Description Schedule: Detailed property description including floor plans and boundaries

2. Rent Schedule: Detailed breakdown of rent, escalations, and payment terms

3. Condition Report: Initial condition of the property with photographs and descriptions

4. Permitted Use Schedule: Detailed description of permitted commercial activities

5. Option Exercise Schedule: Forms and procedures for exercising the purchase option

6. Insurance Schedule: Detailed insurance requirements and minimum coverage amounts

7. Maintenance Schedule: Detailed breakdown of maintenance responsibilities

8. Service Charges Schedule: Breakdown of service charges and calculation method if applicable