Sale Leaseback Agreement Template for South Africa

1. Purchase Option: Terms for tenant's option to repurchase the property, included when agreed between parties

2. Environmental Matters: Environmental warranties and obligations, required for industrial or potentially contaminated properties

3. Tax Implications: Specific tax arrangements and responsibilities, included for complex commercial transactions

4. Property Management: Detailed property management arrangements, included for commercial properties

5. Subletting and Assignment: Rights and restrictions regarding subletting, included for commercial leases

6. Development Rights: Rights to develop or modify the property, included when future development is contemplated

7. Operating Expenses: Detailed breakdown of operating expense responsibilities, included for triple net leases

8. Force Majeure: Provisions for unforeseen circumstances, included when specifically requested

1. Property Description: Detailed legal description of the property including diagrams and title deed information

2. Purchase Price Calculation: Breakdown of purchase price components and payment schedule

3. Rental Schedule: Detailed breakdown of rental payments, escalations, and review periods

4. Condition Report: Detailed report on the condition of the property at time of sale

5. Maintenance Schedule: Detailed breakdown of maintenance responsibilities and standards

6. Insurance Requirements: Specific insurance requirements and minimum coverage levels

7. Operating Expenses Schedule: Detailed breakdown of operating expenses and allocation between parties

8. Permitted Use: Detailed description of permitted uses of the property during lease period