Commercial Lease To Own Agreement Template for New Zealand

1. Guarantees: Required when there are personal or corporate guarantors for the lessee's obligations

2. Alterations and Improvements: Included when the lessee is permitted to make property modifications

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

4. Body Corporate Provisions: Included for properties subject to body corporate rules

5. Resource Consent Conditions: Required when specific land use conditions apply

6. Seismic Rating Provisions: Included for buildings requiring specific seismic performance standards

7. Environmental Matters: Required when environmental issues or responsibilities need addressing

1. Property Description Schedule: Detailed legal description of the property including title references

2. Payment Schedule: Detailed breakdown of rent payments, purchase price calculations, and credit arrangements

3. Condition Report: Initial property condition assessment and photographs

4. Maintenance Schedule: Detailed maintenance responsibilities and standards

5. Permitted Use Details: Specific terms and conditions of permitted property use

6. Insurance Requirements: Detailed insurance specifications and minimum coverage requirements

7. Fitout Specifications: Details of any agreed tenant improvements or modifications

8. Due Diligence Checklist: List of required investigations and confirmations before purchase option exercise