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1. Parties: Identification of the seller/landlord and buyer/tenant, including full legal names, addresses, and company details if applicable
2. Background: Context of the transaction, including property details and intention to combine sale and lease arrangements
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
4. Sale Terms: Details of the sale transaction including purchase price, payment terms, and completion requirements
5. Lease Terms: Core lease provisions including term, rent, payment schedule, and permitted use
6. Property Condition and Warranties: Representations about the property's condition and any warranties provided by the seller
7. Completion and Handover: Process and requirements for completing the sale and commencing the lease
8. Maintenance and Repairs: Responsibilities for property maintenance and repairs during the lease period
9. Insurance and Liability: Insurance requirements and allocation of risks between parties
10. Default and Termination: Consequences of default and conditions for termination of either the sale or lease components
11. Assignment and Subletting: Restrictions and conditions for transferring rights under the agreement
12. Governing Law and Jurisdiction: Specification of Hong Kong law as governing law and jurisdiction for disputes
13. Notices: Process and requirements for formal communications between parties
1. Renovation and Alterations: Include when the buyer/tenant has specific rights or restrictions regarding property modifications
2. Property Management: Include for properties in managed buildings or complexes with specific management requirements
3. Special Usage Conditions: Include when there are specific restrictions or requirements for property usage
4. Option to Purchase: Include when offering the tenant an option to purchase the property after a certain period
5. Break Clause: Include when early termination options are being provided
6. Government Rent and Rates: Include specific arrangements for payment of government charges if different from standard practice
7. Fit-out Period: Include when a rent-free period is granted for initial renovations
8. Environmental Obligations: Include when specific environmental compliance or sustainability requirements apply
1. Property Description: Detailed description of the property including floor plans and boundaries
2. Inventory List: List of fixtures, fittings, and furniture included in the sale and lease
3. Payment Schedule: Detailed breakdown of payment terms for both sale and lease components
4. Building Rules and Regulations: Applicable building management rules and regulations
5. Condition Report: Detailed report on the condition of the property at handover
6. Maintenance Schedule: Schedule of maintenance responsibilities and frequencies
7. Permitted Alterations: Specific alterations permitted during the lease term
8. Form of Transfer Deed: Template for the formal property transfer document
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