The Rental Agreement With Option to Purchase is a specialized legal document used in Denmark when a property owner wishes to rent out a property while giving the tenant the exclusive right to purchase it in the future. This arrangement is particularly useful in situations where immediate purchase isn't feasible or desired, but there's interest in future ownership. The document must comply with Danish property law, rental regulations, and contract law, incorporating elements of both lease and sale agreements. It typically includes detailed provisions about rental terms, property maintenance, purchase price determination, option exercise periods, and conditions for transitioning from rental to ownership. This type of agreement is commonly used in both residential and commercial contexts, offering flexibility while protecting the interests of both parties through clear legal framework under Danish jurisdiction.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Key Requirements PROMPT example:
Rental Agreement With Option To Purchase
I need a Rental Agreement with Option to Purchase for a commercial warehouse in Copenhagen, with a 2-year rental period starting March 1, 2025, where 25% of the monthly rent payments will count towards the final purchase price if the option is exercised.
1. Parties: Identification of landlord/seller and tenant/potential buyer, including full legal names, addresses, and registration numbers if applicable
2. Background: Context of the agreement, including property details and parties' intentions regarding rental and potential future purchase
3. Definitions: Key terms used throughout the agreement, including technical and legal terminology
4. Property Description: Detailed description of the rental property, including address, size, and included fixtures/fittings
5. Rental Terms: Rental period, rent amount, payment terms, deposits, and utility responsibilities
6. Purchase Option Terms: Details of the purchase option, including purchase price calculation, option period, and exercise conditions
7. Maintenance and Repairs: Responsibilities for property maintenance during the rental period
8. Insurance Requirements: Required insurance coverage for both rental period and potential purchase
9. Exercise of Purchase Option: Process and requirements for exercising the purchase option
10. Termination: Conditions for termination of the rental agreement and impact on purchase option
11. Governing Law and Jurisdiction: Specification of Danish law application and jurisdiction for disputes
1. Rent Credit Towards Purchase: Used when a portion of rent payments will be credited towards the purchase price
2. Property Modifications: Include when tenant is allowed to make modifications to the property during rental period
3. Sub-letting Provisions: Include when sub-letting might be permitted during the rental period
4. Commercial Use: Required if property may be used for business purposes
5. Environmental Conditions: Include for properties with specific environmental considerations or requirements
6. Property Management: Include when a property management company is involved
7. Financing Conditions: Include when specific financing arrangements are part of the purchase option
1. Schedule 1 - Property Details: Detailed property specification, including floor plans and land registry information
2. Schedule 2 - Inventory List: Detailed list of fixtures, fittings, and furniture included in the rental/sale
3. Schedule 3 - Condition Report: Initial property condition documentation with photographs
4. Schedule 4 - Rent Payment Schedule: Detailed breakdown of rent payments and due dates
5. Schedule 5 - Purchase Price Calculation: Formula or method for determining final purchase price, including any rent credits
6. Schedule 6 - Property Maintenance Schedule: Detailed maintenance responsibilities and schedules
7. Appendix A - Required Insurance Coverage: Specific insurance requirements and minimum coverage amounts
8. Appendix B - Property Energy Certificate: Current energy performance certificate as required by Danish law
Authors
Relevant legal definitions
Agreement
Property
Commencement Date
Term
Rent
Purchase Option
Option Period
Purchase Price
Deposit
Option Fee
Completion Date
Rent Credit
Common Areas
Fixtures and Fittings
Permitted Use
Force Majeure
Business Day
Notice
Material Breach
Operating Expenses
Utilities
Maintenance
Structural Repairs
Insurance Requirements
Environmental Laws
Planning Laws
Registration
Title Documents
Encumbrances
Due Diligence
Survey
Property Condition Report
Energy Performance Certificate
Valuation
Market Value
Completion
Transfer of Title
Default
Remedies
Governing Law
Indexation
Property Charges
Service Charges
Sub-letting
Assignment
Alterations
Improvements
Exercise Notice
Mortgage
Settlement Statement
Vacant Possession
Property
Commencement Date
Term
Rent
Purchase Option
Option Period
Purchase Price
Deposit
Option Fee
Completion Date
Rent Credit
Common Areas
Fixtures and Fittings
Permitted Use
Force Majeure
Business Day
Notice
Material Breach
Operating Expenses
Utilities
Maintenance
Structural Repairs
Insurance Requirements
Environmental Laws
Planning Laws
Registration
Title Documents
Encumbrances
Due Diligence
Survey
Property Condition Report
Energy Performance Certificate
Valuation
Market Value
Completion
Transfer of Title
Default
Remedies
Governing Law
Indexation
Property Charges
Service Charges
Sub-letting
Assignment
Alterations
Improvements
Exercise Notice
Mortgage
Settlement Statement
Vacant Possession
Clauses
Parties and Property
Term and Renewal
Rent Payment
Security Deposit
Purchase Option
Option Exercise
Property Use
Maintenance and Repairs
Insurance
Utilities and Services
Assignment and Subletting
Alterations and Improvements
Environmental Compliance
Health and Safety
Access Rights
Default and Remedies
Force Majeure
Termination
Property Condition
Title and Registration
Representations and Warranties
Risk Allocation
Indemnification
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Confidentiality
Costs and Expenses
Term and Renewal
Rent Payment
Security Deposit
Purchase Option
Option Exercise
Property Use
Maintenance and Repairs
Insurance
Utilities and Services
Assignment and Subletting
Alterations and Improvements
Environmental Compliance
Health and Safety
Access Rights
Default and Remedies
Force Majeure
Termination
Property Condition
Title and Registration
Representations and Warranties
Risk Allocation
Indemnification
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Confidentiality
Costs and Expenses
Relevant Industries
Real Estate
Property Management
Residential Housing
Commercial Property
Legal Services
Financial Services
Insurance
Property Development
Construction
Facilities Management
Relevant Teams
Legal
Real Estate
Property Management
Operations
Facilities
Risk & Compliance
Commercial
Asset Management
Finance
Contract Administration
Relevant Roles
Real Estate Manager
Property Manager
Legal Counsel
Contract Manager
Real Estate Agent
Property Developer
Facilities Manager
Housing Officer
Lease Administrator
Asset Manager
Property Lawyer
Commercial Director
Operations Manager
Risk Manager
Compliance Officer
Find the exact document you need
Option Sales Contract
A Danish law-governed agreement granting the right to buy or sell a specified asset at predetermined terms within a set timeframe.
find out more
First Refusal Agreement
A Danish law-governed agreement granting preferential rights to a party to enter into a transaction before others, subject to specified terms and conditions.
find out more
Master Leasing Agreement
Danish law-governed framework agreement establishing terms for multiple leasing transactions between lessor and lessee, with provisions for individual lease schedules.
find out more
Land Buying Agreement
A Danish law-governed agreement for the purchase and sale of land, ensuring compliant transfer of property ownership under Danish jurisdiction.
find out more
Rental Agreement With Option To Purchase
A Danish law-governed agreement combining property rental terms with a future purchase option, establishing conditions for both temporary occupation and potential ownership transfer.
find out more
Option To Lease Agreement
A Danish law-governed agreement granting the exclusive right to lease a specified property within a defined period, subject to agreed terms and conditions.
find out more
Land Option Contract
A Danish law agreement granting the right to purchase specific land at predetermined terms within a set timeframe.
find out more
Lease Purchase Agreement
A Danish law-governed agreement combining lease and purchase elements, allowing use of an asset with an option to buy at the lease term's end.
find out more
Lease Option Agreement
A Danish law-governed agreement combining property lease terms with an exclusive option for the tenant to purchase the property at predetermined terms.
find out more
Download our whitepaper on the future of AI in Legal
By providing your email address you are consenting to our Privacy Notice.
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.