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Lease To Sell Agreement
"I need a Lease to Sell Agreement for a commercial office space in Doha, Qatar, with a 12-month initial lease period starting March 1, 2025, after which the tenant will have the option to purchase the property, with 80% of the lease payments to be credited toward the final purchase price."
1. Parties: Identification of lessor/seller and lessee/buyer with full legal names, addresses, and identification numbers
2. Background: Context of the agreement, including property overview and parties' intentions regarding lease-to-purchase arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Comprehensive description of the property including location, size, and registration details
5. Lease Terms: Terms of the lease period including duration, rent amount, and payment schedule
6. Purchase Option: Details of the purchase option including purchase price, how and when it can be exercised
7. Payment Structure: Breakdown of payments, including how lease payments contribute to the purchase price
8. Transfer of Ownership: Conditions and process for transferring property ownership upon exercise of purchase option
9. Maintenance and Repairs: Responsibilities for property maintenance during the lease period
10. Insurance and Risk: Insurance requirements and allocation of risk during lease period
11. Default and Termination: Consequences of default and conditions for termination
12. Representations and Warranties: Parties' representations regarding property condition, ownership, and authority to enter agreement
13. Governing Law and Jurisdiction: Specification of Qatar law as governing law and jurisdiction for disputes
14. Notices: Process for giving formal notices under the agreement
15. Entire Agreement: Confirmation that the document represents the entire agreement between parties
1. Sharia Compliance Declaration: Statement of Sharia compliance, required if either party requires explicit Sharia compliance
2. Property Management: Terms for property management if the property is part of a managed complex or development
3. Tenant Improvements: Terms regarding modifications to property by tenant, if allowed
4. Assignment and Subletting: Terms for assignment or subletting if permitted
5. Early Purchase Option: Terms for early exercise of purchase option if allowed
6. Broker Provisions: Terms relating to broker involvement if applicable
7. Force Majeure: Provisions for unforeseen circumstances preventing performance
8. Environmental Matters: Environmental compliance terms if property has specific environmental concerns
9. Multiple Units: Additional terms if agreement covers multiple units or properties
1. Schedule 1 - Property Description: Detailed property description including plans, measurements, and photographs
2. Schedule 2 - Payment Schedule: Detailed breakdown of lease payments and purchase price calculations
3. Schedule 3 - Property Condition Report: Detailed report on property condition at commencement of lease
4. Schedule 4 - Permitted Uses: Detailed list of permitted uses of the property
5. Schedule 5 - Registration Requirements: List of documents required for property registration
6. Appendix A - Property Title Documents: Copies of property title documents and registration certificates
7. Appendix B - Building Certificates: Relevant building certificates and permits
8. Appendix C - Service Agreements: Copies of relevant service agreements affecting the property
9. Appendix D - Floor Plans: Detailed floor plans and architectural drawings if applicable
Authors
Real Estate
Commercial Property
Residential Property
Retail
Industrial
Office Space
Hospitality
Mixed-Use Development
Construction
Banking and Finance
Legal Services
Insurance
Legal
Real Estate
Finance
Compliance
Risk Management
Operations
Facilities Management
Business Development
Asset Management
Property Management
Real Estate Manager
Property Development Manager
Legal Counsel
Contract Manager
Chief Financial Officer
Real Estate Agent
Property Manager
Facilities Manager
Commercial Director
Risk Manager
Compliance Officer
Asset Manager
Investment Manager
Operations Director
Business Development Manager
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