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1. Due Diligence: Used when the option holder requires a due diligence period before exercise of the option

2. Property Management: Required when there are specific arrangements for property management during the option period

3. Mortgages and Encumbrances: Included when the property has existing mortgages or encumbrances that need to be addressed

4. Real Estate Agent: Required when property agents are involved in the transaction

5. Assignment Rights: Included when the option holder wishes to have the right to assign the option

6. Condition Precedents: Used when specific conditions must be met before the option can be exercised

7. Renovation/Alteration: Required when the option holder is permitted to make changes to the property during the option period

1. Property Details: Detailed description of the property including address, lot number, and registered details

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

3. Inventory List: List of fixtures, fittings, and contents included in the sale

4. Existing Tenancies: Details of any existing tenancy agreements affecting the property

5. Outstanding Works: List of any repairs or works to be completed before completion

6. Title Documents: List of relevant title documents and their locations

7. Encumbrances: Details of any existing mortgages, charges, or other encumbrances