Commercial Lease With Option To Purchase Template for New Zealand

1. Fitout Works: Include when tenant improvements or initial fitout works are required

2. Guarantees: Include when personal or corporate guarantees are required from either party

3. Environmental Matters: Include for properties with specific environmental considerations or compliance requirements

4. Seismic Requirements: Include for buildings requiring specific seismic compliance or upgrades

5. Property Management: Include when specific property management arrangements need to be detailed

6. Development Rights: Include when future development of the property is contemplated

7. Break Clause: Include when early termination rights are negotiated

8. First Right of Refusal: Include when tenant has rights beyond the primary purchase option

1. Schedule 1: Property Description: Detailed description of the premises, including title references and plans

2. Schedule 2: Rent Schedule: Detailed rent calculations, review dates, and operating expense estimates

3. Schedule 3: Maintenance Schedule: Detailed maintenance obligations and schedules for both parties

4. Schedule 4: Purchase Option Terms: Detailed terms of the purchase option, including valuation mechanisms

5. Schedule 5: Condition Report: Initial condition of the premises with photographs

6. Schedule 6: Building Rules: Specific rules and regulations for the building or complex

7. Appendix A: Plans: Floor plans, site plans, and any relevant technical drawings

8. Appendix B: Fitout Specifications: Detailed specifications for any approved or required fitout works