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Lease With Option To Buy Commercial Property Template for Netherlands

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Key Requirements PROMPT example:

Lease With Option To Buy Commercial Property

"I need a Lease with Option to Buy Commercial Property agreement for a retail space in Amsterdam, with a 5-year initial lease starting March 2025, and an option to purchase after 3 years at a pre-agreed price of €2.5M, including specific provisions for store renovations and signage rights."

Document background
The Lease With Option To Buy Commercial Property agreement is a sophisticated legal instrument used in the Netherlands when parties wish to combine a commercial lease with a potential future property purchase. This arrangement is particularly suitable for businesses that want to test a location before committing to purchase, or need time to arrange financing for an eventual purchase. The document must comply with Dutch civil code requirements, incorporating standard ROZ model provisions for commercial leases while also addressing the specific mechanics of the purchase option. It's commonly used in expanding businesses, franchise operations, or when property owners want to maintain current income while securing a future sale. The agreement includes detailed provisions about property use, maintenance, rent calculations, purchase price determination, and the specific procedures for exercising the purchase option, all within the framework of Dutch property law.
Suggested Sections

1. Parties: Identification of the landlord/potential seller and tenant/potential buyer, including full legal names, registered addresses, and chamber of commerce numbers

2. Background: Context of the agreement, property description, and parties' intentions regarding lease and potential future purchase

3. Definitions: Definitions of key terms used throughout the agreement, including Property, Commencement Date, Option Period, and Purchase Price

4. Lease Terms: Core lease provisions including duration, rent amount, payment terms, and renewal options

5. Property Use: Permitted commercial use, restrictions, and compliance with zoning laws

6. Maintenance and Repairs: Responsibilities for maintenance, repairs, and improvements, distinguishing between landlord and tenant obligations

7. Insurance and Liability: Required insurance coverage and allocation of risks between parties

8. Option to Purchase: Terms of the purchase option, including option period, exercise process, and purchase price calculation

9. Exercise of Option: Procedure for exercising the option, including notice requirements and timeline

10. Purchase Process: Steps to be followed once option is exercised, including notarial requirements and transfer process

11. Representations and Warranties: Statements of fact and promises by both parties regarding the property and their authority

12. Termination: Circumstances under which the agreement can be terminated and consequences

13. Governing Law and Jurisdiction: Specification of Dutch law as governing law and competent courts

14. Signatures: Execution blocks for all parties

Optional Sections

1. VAT Election: Optional section for electing VAT taxation on the lease, required only if parties choose to opt for VAT taxation

2. Environmental Provisions: Detailed environmental terms and responsibilities, necessary for properties with specific environmental concerns or history

3. Alterations and Improvements: Detailed provisions regarding property modifications, necessary for properties requiring significant tenant improvements

4. Subletting and Assignment: Terms governing subletting and assignment rights, if permitted

5. Break Clauses: Optional early termination provisions, included if parties agree to specific break rights

6. Property Management: Terms regarding property management services if provided by landlord

7. Rent Review: Mechanism for rent reviews if different from standard indexation

Suggested Schedules

1. Property Description: Detailed description of the property including floor plans, cadastral details, and included fixtures

2. Initial Condition Report: Documentation of property condition at lease commencement

3. Rent Payment Schedule: Detailed breakdown of rent payments, including indexation calculations

4. Purchase Price Calculation: Formula or method for determining the purchase price when option is exercised

5. Permitted Alterations: List of pre-approved alterations tenant may make to the property

6. Service Charges: Breakdown of service charges and calculation method

7. Insurance Requirements: Detailed insurance requirements for both parties

8. ROZ General Conditions: Standard ROZ (Real Estate Council of the Netherlands) terms applicable to the lease

Authors

Alex Denne

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

Relevant legal definitions














































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Relevant Industries

Real Estate

Retail

Hospitality

Manufacturing

Logistics

Healthcare

Professional Services

Technology

Education

Financial Services

Warehousing

Industrial

Office Space Management

Relevant Teams

Legal

Real Estate

Finance

Operations

Facilities Management

Risk & Compliance

Business Development

Property Management

Corporate Development

Investment

Relevant Roles

Real Estate Manager

Commercial Property Director

Business Development Manager

Legal Counsel

Chief Financial Officer

Facilities Manager

Property Investment Manager

Operations Director

Commercial Director

Expansion Manager

Property Portfolio Manager

Risk Manager

Compliance Officer

Corporate Real Estate Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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