The Lease Option Agreement Property For Sale is a sophisticated legal instrument used in Swiss real estate transactions where a property owner wishes to lease their property while simultaneously granting the tenant an exclusive option to purchase it. This arrangement is particularly useful in situations where potential buyers need time to arrange financing or want to "test" the property before committing to a purchase. The agreement must comply with Swiss federal and cantonal property laws, including the Swiss Civil Code (ZGB) and Code of Obligations (OR). It typically includes detailed provisions about the lease terms, option exercise conditions, purchase price, any rent credits, and property maintenance responsibilities. The document is especially relevant in commercial real estate transactions and can help bridge the gap between immediate occupancy needs and long-term property ownership goals.

1. Parties: Identification of the lessor/seller and lessee/potential buyer, including full legal names, addresses, and any registration numbers

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

3. Definitions: Key terms used throughout the agreement, including Property, Option Period, Purchase Price, and other relevant definitions

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

5. Option Grant: Terms of the option to purchase, including the grant of exclusive right to purchase

6. Option Period: Duration of the option, including start and end dates, and any extension provisions

7. Exercise of Option: Process and requirements for exercising the purchase option

8. Purchase Price: Agreed purchase price for the property and any rent credit arrangements

9. Property Condition: Current condition of property and any agreed improvements or modifications

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

11. Default and Termination: Events of default, remedies, and termination provisions

12. Notices: Communication requirements and contact details for formal notices

13. Governing Law: Specification of Swiss law application and jurisdiction

14. Execution: Signature blocks and execution requirements