Option To Lease Agreement Template for Belgium

1. Due Diligence: Terms regarding the potential tenant's right to conduct property investigations, used when specific due diligence rights are granted during the option period

2. Property Access: Terms governing access to the property during the option period, included when inspection or measurement rights are granted

3. Assignment: Terms regarding the ability to assign the option rights, included when assignment is permitted

4. Break Options: Terms regarding early termination rights in the underlying lease, included when break options are part of the deal

5. Works and Alterations: Terms regarding any permitted works during the option period or conditions for future alterations, included when relevant to the property

6. VAT Election: Specific provisions regarding VAT treatment, included when the property is subject to VAT

7. Environmental Provisions: Specific environmental warranties and obligations, included for industrial or potentially contaminated properties

1. Property Plan: Detailed plans and drawings of the property

2. Form of Lease: The full form of lease agreement to be entered into upon exercise of the option

3. Condition Report: Current condition of the property and any existing defects

4. Payment Schedule: Detailed breakdown of option fee, rent, and other payments

5. Permitted Use: Detailed description of permitted use of the property

6. Title Documents: Copies of relevant title documents and property registrations

7. Service Charges: Detailed breakdown of service charges and maintenance obligations