Document background
The Lease Agreement With Option To Purchase is a specialized legal instrument used in Belgian property transactions where parties wish to combine immediate property occupation with a future purchase opportunity. This document is particularly relevant when buyers need time to arrange financing or want to "test" the property before committing to purchase, or when sellers prefer a gradual sale process. It must comply with Belgian Civil Code requirements, regional housing regulations, and property transfer laws. The agreement typically includes detailed provisions for both the lease period (rent, maintenance, utilities) and the purchase option (price, exercise period, conditions). It's commonly used in both residential and commercial contexts, requiring careful consideration of tenant rights, property transfer regulations, and tax implications under Belgian law. The document needs to be registered with appropriate authorities and may require notarial involvement for the purchase option aspect.
