Lease With Option To Purchase

Lease With Option To Purchase Template for Singapore

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Lease With Option To Purchase

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

"I need a Lease with Option to Purchase agreement for a commercial property in Singapore CBD, with a 2-year lease term starting March 2025 and an option to purchase that can be exercised after 18 months at a fixed price of SGD 2.8 million."

Document background

The Lease with Option to Purchase agreement is widely used in Singapore's property market as a flexible instrument allowing tenants to lease a property while securing the right to purchase it at a predetermined price within a specified timeframe. This document is particularly relevant in situations where potential buyers need time to arrange financing or want to 'test' the property before committing to purchase. The agreement must comply with Singapore's strict property regulations, including those related to foreign ownership, HDB requirements (if applicable), and stamp duty obligations. It typically includes detailed provisions on rental terms, option fees, purchase price, exercise period, and conditions for both the lease and purchase components.

Suggested Sections

1. Parties: Identification and details of the lessor and lessee

2. Background: Context of the agreement and property details

3. Definitions: Key terms used throughout the agreement

4. Lease Terms: Duration, rent, payment terms, and maintenance obligations

5. Option to Purchase: Terms and conditions of the purchase option, including price and exercise period

6. Property Use and Restrictions: Permitted use and limitations on property modification

7. Insurance and Liability: Insurance requirements and allocation of risks

8. Termination: Conditions for early termination and consequences

Optional Sections

1. HDB Compliance: Required if property is HDB, covering specific HDB requirements

2. Foreign Ownership Provisions: Special provisions for foreign buyers when lessee is a foreign national

3. Renovation Rights: Terms for property modifications when significant renovations are anticipated

Suggested Schedules

1. Property Description Schedule: Detailed description of the property including floor plan and fixtures

2. Inventory List: List of furniture and fittings included in the lease

3. Option Exercise Form: Template for exercising the purchase option

4. Maintenance Schedule: Detailed breakdown of maintenance responsibilities

5. Payment Schedule: Breakdown of rent payments and purchase price components

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate
Banking & Finance
Property Investment
Construction

Relevant Teams

Legal
Real Estate
Finance
Operations
Compliance

Relevant Roles

Property Manager
Real Estate Director
Legal Counsel
Finance Manager
Asset Manager

��������Ƶ

How ��������Ƶ reduced drafting time by 75% for a legal firm

Let's create your Lease With Option To Purchase

Authors

Alex Denne

Find the exact document you need

Vehicle Hire Purchase Agreement

Website Purchase Agreement

Standby Bond Purchase Agreement

Simple Home Purchase Agreement

Personal Property Addendum

Parties In A Hire Purchase Agreement

Option To Buy Agreement

Online Shopping Agreement

Model Asset Purchase Agreement

Lease With Option To Purchase Agreement

Lease Agreement With Option To Purchase

Contingent Purchase Agreement

Auto Purchase And Sale Agreement

Artwork Purchase Agreement

Agreement To Sell And Agreement For Sale

Agreement For Sale Of Flat

Agreement For Advance Payment For Purchase Of Goods

Advance Agreement For Land Purchase

Purchase Agreement Extension

Partnership Purchase Agreement

Owner To Owner House Sale Contract

Letter Of Sales Agreement

Lease With Option To Buy Commercial Property

Lease Contract Buy Out Agreement

Cross Purchase Agreement

Buy Tenancy Agreement

Motorcycle Hire Purchase Agreement

Software Source Code Purchase Agreement

Residential Resale Condominium Property Purchase Contract

Agreement For Sale And Purchase With Plan

Receivable Purchase Agreement

Real Property Purchase Agreement

Letter Of Intent For Purchase Order

Lot Purchase Agreement

Flat Purchase Agreement

Contract Agreement Between Supplier And Purchaser

Non Binding Purchase Agreement

Lease With Option To Purchase

Commercial Offer To Purchase

Short Form Stock Purchase Agreement

Purchase Agreement Car Dealership

Promissory Note Purchase Agreement

Entity Buy Sell Agreement

Agreement For Purchase Of Flat With Builder

Residential Lease Agreement With Option To Purchase

Estate Sale Agreement

Unconditional Sale And Purchase Agreement

Private House Sale Contract

Sale Agreement For Home Loan

Simple Offer To Purchase Real Estate Form

Equipment Purchase And Installation Agreement

Simple Buy Sell Agreement

Partnership Interest Purchase Agreement

Quota Purchase Agreement

Preferred Stock Agreement

Letter Of Intent To Buy

General Purchase Agreement

Copyright Purchase Agreement

Convertible Promissory Note Purchase Agreement

Boat Sales Agreement

Rental Purchase Agreement

Shop Sale Agreement

Real Estate Offer To Purchase

Provisional Agreement For Sale And Purchase

Residential Sales Contract

Private Sale Vehicle Purchase Agreement

Outright Purchase Agreement

Prepaid Forward Purchase Agreement

Estate Sale Contract

Shareholder Buy Sell Agreement

Sale And Purchase Deed

Preferred Stock Purchase Agreement

Pre Purchase Agreement

Purchase Of Service Contract

��Ƶ

How ��Ƶ reduced drafting time by 75% for a legal firm

�ұ�Ծ��’s Security Promise