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Lease To Own Land Agreement
"Need a Lease To Own Land Agreement for a 2-hectare agricultural plot in Singapore, with a 3-year lease period and purchase option exercisable from January 2025, including specific provisions for organic farming use and development restrictions."
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. Property Description: Detailed description of the land including bouNDAries and title details
5. Lease Terms: Duration, rent, and payment terms
6. Purchase Option: Terms and conditions for exercising the option to purchase
7. Maintenance and Repairs: Responsibilities for property maintenance
8. Insurance: Required insurance coverage and responsibilities
9. Default and Remedies: Consequences of default and available remedies
1. Foreign Ownership Provisions: Required when lessee is a foreign national, addressing specific requirements under the Residential Property Act
2. Development Rights: Rights and restrictions regarding property development, required when property may be developed during lease period
3. Agricultural Use Provisions: Specific terms for agricultural land use, applicable when property is zoned for agricultural use
1. Property Plan: Detailed plan showing property bouNDAries and features
2. Payment Schedule: Breakdown of lease payments and purchase price calculations
3. Condition Report: Initial condition of the property
4. Land Title Documents: Copies of relevant title documents
5. Planning Permissions: Copies of relevant planning permissions and restrictions
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