Commercial Lease Agreement With Option To Purchase

Commercial Lease Agreement With Option To Purchase Template for Germany

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

4.6 / 5

4.8 / 5

Let's create your Commercial Lease Agreement 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 Commercial Lease Agreement with Option to Purchase for a retail space in Berlin, with a 5-year initial lease term starting March 1, 2025, and an option to purchase after 3 years at a pre-agreed price, including specific provisions for storefront modifications and signage rights."

Document background

The Commercial Lease Agreement With Option To Purchase is designed for situations where a business tenant wishes to lease a commercial property while maintaining the flexibility to purchase it in the future. This arrangement is particularly valuable in the German market where businesses may want to test a location or build up capital before committing to a purchase. The document incorporates all necessary elements required under German law, including detailed provisions from both the BGB and HGB, and addresses key aspects such as rent payments, maintenance obligations, and specific terms for exercising the purchase option. It is commonly used by expanding businesses, retail chains, and companies looking for strategic property acquisition opportunities while managing immediate capital expenditure.

Suggested Sections

1. Parties: Identification of the landlord and tenant, including full legal names, registration details for companies, and addresses

2. Background: Context of the agreement, including brief description of the property and the parties' intention to enter into a lease with purchase option

3. Definitions: Key terms used throughout the agreement including Property, Lease Term, Purchase Option Period, Purchase Price, etc.

4. Property Description: Detailed description of the leased premises, including address, size, and permitted use

5. Lease Term: Duration of the lease, commencement date, and any renewal options

6. Rent and Other Payments: Rent amount, payment schedule, utilities, operating costs, and other financial obligations

7. Security Deposit: Amount, terms, and conditions for the security deposit

8. Use of Property: Permitted commercial uses, restrictions, and compliance with laws

9. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance, repairs, and improvements

10. Insurance and Liability: Required insurance coverage and allocation of risks

11. Purchase Option Terms: Detailed terms of the purchase option, including price, exercise period, and procedure

12. Termination: Conditions and procedures for early termination by either party

13. Governing Law and Jurisdiction: Specification of German law application and jurisdiction

Optional Sections

1. Subletting and Assignment: Include when subletting or assignment rights are to be granted to the tenant

2. Alterations and Improvements: Include when significant modifications to the property are anticipated

3. Environmental Matters: Include for properties with potential environmental concerns or specific requirements

4. Energy Performance: Include when specific energy efficiency requirements need to be addressed

5. Property Manager: Include when a property manager will be involved in managing the premises

6. Right of First Refusal: Include if tenant is granted right of first refusal for additional space or property purchase

7. Force Majeure: Include specific force majeure provisions for commercial circumstances

8. Operating Hours and Access: Include for properties in shared buildings or with specific access requirements

Suggested Schedules

1. Schedule 1 - Property Plan: Detailed floor plans and property boundaries

2. Schedule 2 - Inventory: List of fixtures, fittings, and equipment included in the lease

3. Schedule 3 - Service Charges: Breakdown of service charges and operating costs

4. Schedule 4 - Building Rules: Specific rules and regulations for the property use

5. Schedule 5 - Purchase Option Details: Detailed terms and conditions of the purchase option

6. Schedule 6 - Maintenance Schedule: Detailed maintenance responsibilities and schedules

7. Appendix A - Energy Performance Certificate: Current energy performance certificate for the property

8. Appendix B - Required Permits: Copies of relevant business and operating permits

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

Retail

Manufacturing

Hospitality

Healthcare

Professional Services

Logistics

Warehousing

Technology

Financial Services

Relevant Teams

Legal

Real Estate

Finance

Operations

Facilities Management

Risk and Compliance

Business Development

Property Management

Asset Management

Relevant Roles

Real Estate Manager

Property Manager

Chief Financial Officer

Legal Counsel

Corporate Lawyer

Business Development Manager

Facilities Manager

Operations Director

Commercial Director

Asset Manager

Risk Manager

Compliance Officer

Property Acquisition Manager

Real Estate Investment Manager

Find the exact document you need