Asset Lease Agreement Template for Pakistan

1. Islamic Finance Compliance: Required when the lease is structured as an Islamic Ijarah, including specific Shariah compliance provisions

2. Registration Requirements: Required for leases exceeding one year, detailing registration obligations under Pakistani law

3. Tax Matters: Include when specific tax arrangements or implications need to be addressed

4. Assignment and Subletting: Include when transfer or subletting rights need to be specifically addressed

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

6. Environmental Compliance: Required for assets or operations with environmental implications

7. Option to Purchase: Include when the lessee has an option to purchase the asset at lease end

1. Asset Description Schedule: Detailed description and specifications of the leased asset

2. Rent Payment Schedule: Detailed breakdown of rent payments, including dates and amounts

3. Condition Report: Initial condition report of the asset at lease commencement

4. Insurance Requirements: Detailed insurance requirements and coverage specifications

5. Maintenance Schedule: Detailed maintenance requirements and schedule

6. Permitted Use Guidelines: Detailed guidelines for permitted use of the asset

7. Return Conditions: Detailed specifications for asset condition upon return