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1. Due Diligence: Terms for conducting property investigations, used when the option holder requires a due diligence period

2. Development Conditions: Include when the option is contingent on specific development approvals or conditions

3. Financing Provisions: Include when the option exercise is subject to financing conditions

4. Assignment Rights: Include when parties want to specifically address the ability to transfer option rights

5. Multiple Properties: Include when the option covers multiple land parcels with specific conditions for each

6. Environmental Matters: Include when environmental investigations or warranties are relevant

7. Existing Tenancies: Include when the property has existing tenants with ongoing rights

8. Planning Permissions: Include when the option exercise is conditional on obtaining specific planning approvals

1. Property Details: Detailed property description, including title details, plan references, and registration information

2. Option Fee Payment Schedule: If the option fee is paid in installments, details of payment dates and amounts

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

4. Due Diligence Requirements: List of required documentation and investigations

5. Permitted Encumbrances: List of accepted encumbrances or restrictions on the property

6. Development Conditions: Detailed specifications of any development requirements or restrictions

7. Required Approvals: List of necessary governmental or regulatory approvals

8. Property Plans: Official property plans and surveys as registered with relevant authorities