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1. Parties: Identification of the lessor/seller and lessee/buyer with complete details as required by Philippine law
2. Background: Context of the agreement and brief description of the transaction structure
3. Definitions: Definitions of key terms used throughout the agreement
4. Subject Matter: Detailed description of the property being rented with option to purchase
5. Term and Payments: Duration of the rental period, payment schedule, and total purchase price
6. Option to Purchase: Terms and conditions for exercising the purchase option, including credit of rental payments toward purchase price
7. Title and Ownership: Clarification of ownership status during rental period and conditions for transfer of title
8. Maintenance and Repairs: Responsibilities for maintenance, repairs, and improvements during the rental period
9. Insurance and Risk: Requirements for insurance coverage and allocation of risk
10. Default and Remedies: Events of default and available remedies, including Maceda Law provisions
11. Termination: Conditions and procedures for termination of the agreement
12. Governing Law: Specification of Philippine law as governing law and jurisdiction
13. Execution: Signature blocks and notarization requirements
1. Security Deposit: Terms for security deposit if required - use when additional security is needed
2. Property Use Restrictions: Specific restrictions on property use - include for commercial properties or when specific use limitations are needed
3. Assignment and Subletting: Terms for transfer of rights - include when these rights need to be explicitly restricted or permitted
4. Taxes and Assessments: Allocation of tax responsibilities - include when significant tax implications exist
5. Force Majeure: Provisions for unforeseen events - particularly relevant in long-term agreements
6. Environmental Compliance: Environmental obligations - include for industrial or commercial properties
7. Right of First Refusal: Additional purchase rights - include when lessor wants to sell to third parties
8. Guarantees: Additional security provisions - use when creditworthiness is a concern
1. Schedule A - Property Description: Detailed description of the property including photographs, serial numbers, or technical specifications
2. Schedule B - Payment Schedule: Detailed breakdown of rental payments, purchase price, and payment milestones
3. Schedule C - Condition Report: Initial condition assessment of the property
4. Schedule D - Maintenance Requirements: Detailed maintenance and servicing requirements
5. Schedule E - Insurance Requirements: Specific insurance coverage requirements and terms
6. Appendix 1 - Required Notices: Forms and formats for required notices under Philippine law
7. Appendix 2 - Purchase Option Exercise Form: Standard form for exercising the purchase option
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Furniture and Fixtures
Commercial Property
Residential Property
Legal
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Asset Management
Risk Management
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Commercial
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Contract Manager
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