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The Rent To Own Agreement Form is a specialized legal instrument used in Qatar when parties wish to combine a property lease with a future purchase option. This arrangement is particularly useful in the Qatari market where property prices and Islamic financing considerations may make traditional purchase methods challenging. The document must comply with Qatar's Civil Law (Law No. 16 of 2004), property regulations, and Sharia principles, making it suitable for both nationals and eligible expatriates. It includes detailed provisions for rental payments, purchase price calculations, option exercise procedures, and property transfer requirements. The agreement is commonly used in both residential and commercial property transactions, providing a structured pathway to property ownership while ensuring compliance with local legal requirements and Islamic finance principles.

1. Parties: Identification of the Owner/Seller and the Tenant/Buyer, including their full legal names, Qatar ID numbers, and contact details

2. Background: Context of the agreement, including the property's current ownership status and the parties' intention to enter into a rent-to-own arrangement

3. Definitions: Key terms used throughout the agreement, including Property, Lease Period, Purchase Price, Rent Credits, and other relevant terminology

4. Property Details: Comprehensive description of the property, including address, title details, and registration information as per Qatar property registry

5. Lease Terms: Details of the rental period, including monthly payments, duration, and maintenance responsibilities

6. Purchase Terms: Total purchase price, credit of rental payments, and conditions for exercising the purchase option

7. Payment Structure: Breakdown of monthly payments, including portion allocated to rent and portion allocated to purchase price

8. Option to Purchase: Terms and conditions for exercising the purchase option, including notice requirements and deadline

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

10. Insurance Requirements: Insurance obligations for both parties during the lease period

11. Default and Remedies: Consequences of default by either party and available remedies

12. Transfer of Title: Process and requirements for final property transfer upon successful completion

13. Governing Law: Specification of Qatar law as governing law and reference to Sharia compliance

14. Execution: Signature blocks and attestation requirements as per Qatar law