The Lease Option Agreement is a sophisticated legal instrument used in Danish real estate transactions where a property owner wishes to lease their property while simultaneously granting the tenant an exclusive right to purchase it. This arrangement is particularly valuable in situations where immediate purchase isn't feasible or desired, but there's interest in securing future purchase rights. The document must comply with Danish property law, including the Danish Lease Act and Registration of Property Act, and typically includes detailed provisions on lease terms, option exercise periods, purchase price mechanisms, and property maintenance obligations. Common applications include commercial property transactions, business expansion scenarios, and residential property arrangements where tenants seek a pathway to ownership. The agreement provides flexibility while protecting both parties' interests under Danish law.

1. Parties: Identification of the lessor/option grantor and lessee/option holder, including full legal names, addresses, and registration numbers if applicable

2. Background: Context of the agreement, including property details and parties' intentions

3. Definitions: Key terms used throughout the agreement, including Property, Option Period, Purchase Price, and Exercise Notice

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

5. Option Grant: Explicit grant of the option to purchase, including the specific property covered

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 option, including notice requirements

8. Purchase Price: Agreed purchase price or method of calculation, including any rent credits

9. Property Condition: State of the property, maintenance obligations, and condition requirements

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

11. Assignment and Subletting: Restrictions on transfer of lease or option rights

12. Default and Termination: Events of default, consequences, and termination provisions

13. Notices: Communication requirements and contact details

14. Governing Law: Confirmation of Danish law application and jurisdiction

15. Signatures: Execution blocks for all parties