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Option To Buy Agreement Template for Netherlands

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Key Requirements PROMPT example:

Option To Buy Agreement

"I need an Option to Buy Agreement under Dutch law for a commercial warehouse property valued at €2.5M, with a 6-month option period starting March 1, 2025, where the option holder is a logistics company requiring time to arrange financing and conduct environmental assessments."

Document background
The Option To Buy Agreement is a crucial document in Dutch property transactions, commonly used when parties need flexibility in timing while securing future purchase rights. It's particularly valuable in commercial real estate, development projects, and strategic property acquisitions. The agreement must comply with Dutch Civil Code requirements and typically includes detailed terms about the option period, purchase price, exercise conditions, and property specifications. This document type is especially relevant when buyers need time for due diligence, financing arrangements, or regulatory approvals before committing to a purchase, while property owners want certainty about potential sale terms and conditions.
Suggested Sections

1. Parties: Identification and details of the option grantor and option holder

2. Background: Context of the agreement and relationship between parties

3. Definitions: Definitions of key terms used throughout the agreement

4. Grant of Option: Core terms of the option grant, including exclusivity and nature of the right

5. Option Period: Duration of the option and any extension provisions

6. Option Fee: Amount, payment terms, and status of the option fee

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

8. Purchase Price: Agreed purchase price or mechanism for determining it

9. Property Description: Detailed description of the property subject to the option

10. Representations and Warranties: Statements of fact and promises by both parties

11. Conditions Precedent: Conditions that must be met before option can be exercised

12. Completion: Process and requirements for completing the purchase if option is exercised

13. Default and Termination: Consequences of breach and termination rights

14. Notices: Communication requirements and contact details

15. Governing Law and Jurisdiction: Confirmation of Dutch law application and jurisdiction

Optional Sections

1. Due Diligence: Right to conduct property investigations - include when buyer needs investigation period

2. Financing Conditions: Include when option exercise is subject to financing

3. Environmental Provisions: Include for industrial properties or where environmental concerns exist

4. Tenant Rights: Include when property is currently leased

5. Development Conditions: Include when option is related to property development

6. Assignment Rights: Include when transfer of option rights might be needed

7. Tax Structure: Include for complex commercial transactions with specific tax arrangements

8. Property Management: Include when property requires management during option period

Suggested Schedules

1. Property Details: Detailed property description, including cadastral details and maps

2. Option Fee Schedule: Payment schedule if option fee is paid in installments

3. Form of Option Exercise Notice: Template notice for exercising the option

4. Purchase Agreement Terms: Terms that will apply when option is exercised

5. Title Documents: Copies of relevant title documents and registrations

6. Property Condition Report: Current condition of property if relevant

7. Encumbrances: List of existing encumbrances, easements, or restrictions

8. Due Diligence Documents: List of documents provided for due diligence

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































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Relevant Industries

Real Estate

Commercial Property

Residential Property

Retail

Industrial

Hospitality

Agriculture

Office Space

Mixed-Use Development

Construction

Urban Development

Investment & Banking

Legal Services

Relevant Teams

Legal

Real Estate

Property Management

Business Development

Acquisitions

Finance

Facilities

Operations

Investment

Risk Management

Corporate Development

Relevant Roles

Real Estate Manager

Property Developer

Legal Counsel

Contract Manager

Business Development Manager

Investment Manager

Property Manager

Acquisition Manager

Real Estate Agent

Corporate Lawyer

Facility Manager

Project Manager

Chief Financial Officer

Real Estate Investment Director

Development Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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