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Lease To Sell Agreement Template for Qatar

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Key Requirements PROMPT example:

Lease To Sell Agreement

"I need a Lease to Sell Agreement for a commercial office space in Doha, Qatar, with a 12-month initial lease period starting March 1, 2025, after which the tenant will have the option to purchase the property, with 80% of the lease payments to be credited toward the final purchase price."

Document background
The Lease To Sell Agreement is a specialized contractual arrangement used in Qatar when parties wish to combine a property lease with a future sale commitment or option. This document type is particularly relevant in Qatar's dynamic real estate market, where it provides a structured pathway to property ownership while complying with local laws and Sharia principles. The agreement details both the initial leasing phase and the subsequent purchase terms, including how rental payments contribute to the final purchase price. It's commonly used in both residential and commercial contexts, requiring careful consideration of Qatar's Civil Code, Real Estate Registration Law, and property ownership regulations. The document must address specific requirements for property registration, ownership transfer, and payment structures while ensuring all terms are enforceable under Qatar law.
Suggested Sections

1. Parties: Identification of lessor/seller and lessee/buyer with full legal names, addresses, and identification numbers

2. Background: Context of the agreement, including property overview and parties' intentions regarding lease-to-purchase arrangement

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Details: Comprehensive description of the property including location, size, and registration details

5. Lease Terms: Terms of the lease period including duration, rent amount, and payment schedule

6. Purchase Option: Details of the purchase option including purchase price, how and when it can be exercised

7. Payment Structure: Breakdown of payments, including how lease payments contribute to the purchase price

8. Transfer of Ownership: Conditions and process for transferring property ownership upon exercise of purchase option

9. Maintenance and Repairs: Responsibilities for property maintenance during the lease period

10. Insurance and Risk: Insurance requirements and allocation of risk during lease period

11. Default and Termination: Consequences of default and conditions for termination

12. Representations and Warranties: Parties' representations regarding property condition, ownership, and authority to enter agreement

13. Governing Law and Jurisdiction: Specification of Qatar law as governing law and jurisdiction for disputes

14. Notices: Process for giving formal notices under the agreement

15. Entire Agreement: Confirmation that the document represents the entire agreement between parties

Optional Sections

1. Sharia Compliance Declaration: Statement of Sharia compliance, required if either party requires explicit Sharia compliance

2. Property Management: Terms for property management if the property is part of a managed complex or development

3. Tenant Improvements: Terms regarding modifications to property by tenant, if allowed

4. Assignment and Subletting: Terms for assignment or subletting if permitted

5. Early Purchase Option: Terms for early exercise of purchase option if allowed

6. Broker Provisions: Terms relating to broker involvement if applicable

7. Force Majeure: Provisions for unforeseen circumstances preventing performance

8. Environmental Matters: Environmental compliance terms if property has specific environmental concerns

9. Multiple Units: Additional terms if agreement covers multiple units or properties

Suggested Schedules

1. Schedule 1 - Property Description: Detailed property description including plans, measurements, and photographs

2. Schedule 2 - Payment Schedule: Detailed breakdown of lease payments and purchase price calculations

3. Schedule 3 - Property Condition Report: Detailed report on property condition at commencement of lease

4. Schedule 4 - Permitted Uses: Detailed list of permitted uses of the property

5. Schedule 5 - Registration Requirements: List of documents required for property registration

6. Appendix A - Property Title Documents: Copies of property title documents and registration certificates

7. Appendix B - Building Certificates: Relevant building certificates and permits

8. Appendix C - Service Agreements: Copies of relevant service agreements affecting the property

9. Appendix D - Floor Plans: Detailed floor plans and architectural drawings if applicable

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

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Relevant Industries

Real Estate

Commercial Property

Residential Property

Retail

Industrial

Office Space

Hospitality

Mixed-Use Development

Construction

Banking and Finance

Legal Services

Insurance

Relevant Teams

Legal

Real Estate

Finance

Compliance

Risk Management

Operations

Facilities Management

Business Development

Asset Management

Property Management

Relevant Roles

Real Estate Manager

Property Development Manager

Legal Counsel

Contract Manager

Chief Financial Officer

Real Estate Agent

Property Manager

Facilities Manager

Commercial Director

Risk Manager

Compliance Officer

Asset Manager

Investment Manager

Operations Director

Business Development 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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