Option Agreement Property Template for India

1. Due Diligence: Used when the option holder has the right to conduct due diligence during the option period

2. Conditions Precedent: Include when there are specific conditions that must be met before the option can be exercised

3. Property Access: Include when the option holder needs access rights during the option period

4. Confidentiality: Used when parties want to keep the option agreement confidential

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

6. Force Majeure: Used when parties want to address extraordinary events affecting performance

7. Tax Provisions: Include specific tax arrangements or obligations if relevant

8. Foreign Exchange Compliance: Required when foreign parties are involved

1. Property Description: Detailed description of the property including boundaries, title details, and registration information

2. Title Documents: List of title documents and encumbrances affecting the property

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

4. Payment Schedule: Detailed breakdown of payments including option fee and purchase price installments

5. Due Diligence Documents: List of documents provided or to be provided for due diligence

6. Existing Encumbrances: Details of any existing leases, liens, or other encumbrances

7. Property Plans: Site plans, maps, and other property drawings