A Real Estate Option Contract under Austrian law is a strategic instrument used to secure future property acquisition rights while maintaining flexibility in decision-making. This document type is particularly valuable in commercial real estate development, investment projects, or when parties need time for due diligence and financing arrangements. The Option Contract (Real Estate) must comply with Austrian formal requirements, including notarization and potential registration in the land register (Grundbuch), as governed by the Austrian Civil Code (ABGB) and related property laws. It typically includes detailed property descriptions, precise pricing terms, option exercise mechanisms, and duration specifications. This document is essential for securing property rights while managing risk in real estate transactions, particularly in development projects or phased acquisitions where timing and market conditions play crucial roles.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the Option Grantor and Option Holder with full legal names and addresses
2. Background: Context of the agreement and brief description of the property and parties' intentions
3. Definitions: Key terms used throughout the agreement, including 'Option Period', 'Exercise Price', 'Property', etc.
4. Grant of Option: Clear statement of the option right being granted and its basic terms
5. Option Period: Duration of the option, including start and end dates
6. Exercise Price: The agreed purchase price for the property if the option is exercised
7. Exercise of Option: Process and formalities for exercising the option, including notice requirements
8. Property Details: Detailed description of the property, including land register details (Grundbuch)
9. Representations and Warranties: Statements about the property's condition, ownership, and encumbrances
10. Registration Rights: Provisions regarding registration of the option in the land register
11. Costs and Taxes: Allocation of costs, including registration fees and transfer taxes
12. Governing Law: Confirmation of Austrian law as governing law and jurisdiction
13. Execution: Signature blocks and notarization requirements
1. Due Diligence: Terms for property inspection and document review, used when the option holder requires investigation rights
2. Financing Conditions: Include when the option exercise is contingent on obtaining financing
3. Multiple Properties: Additional provisions for cases involving multiple properties or partial exercise rights
4. Assignment Rights: Terms for transferring the option rights, if permitted
5. Break Fee: Provisions for compensation if the option is not exercised, if agreed
6. Environmental Provisions: Special terms regarding environmental conditions, necessary for industrial properties
7. Tenant Provisions: Required when the property is subject to existing tenancies
1. Property Description: Detailed technical description of the property, including boundaries and land register excerpts
2. Property Plans: Site plans, building plans, and other relevant drawings
3. Form of Exercise Notice: Template for the formal notice to exercise the option
4. Due Diligence Documents: List of documents provided or to be provided for due diligence
5. Existing Encumbrances: Details of any existing mortgages, easements, or other encumbrances
6. Purchase Price Calculation: If the exercise price involves calculations or adjustments
Relevant legal definitions
Clauses
Relevant Industries
Commercial Real Estate
Residential Real Estate
Industrial Real Estate
Retail Real Estate
Hotel & Hospitality
Mixed-Use Development
Agricultural Real Estate
Office Space Development
Logistics & Warehousing
Urban Development
Relevant Teams
Legal
Real Estate
Investment
Asset Management
Development
Finance
Risk & Compliance
Commercial
Acquisitions
Property Management
Corporate Strategy
Relevant Roles
Real Estate Director
Property Development Manager
Legal Counsel
Investment Manager
Asset Manager
Real Estate Analyst
Acquisition Manager
Property Portfolio Manager
Chief Investment Officer
Real Estate Finance Manager
Development Director
Commercial Director
Real Estate Transaction Manager
Risk Manager
Compliance Officer
Find the exact document you need
Option To Purchase Real Estate Agreement Form
An Austrian law-governed agreement granting the right to purchase specific real estate within a set timeframe under predetermined conditions.
find out more
Land Purchase And Sale Contract
An Austrian law-governed agreement for the transfer of real estate ownership, complying with ABGB requirements and including necessary provisions for land registry registration.
find out more
Horse Purchase Agreement
An Austrian law-governed agreement for the sale and purchase of a horse, detailing terms, conditions, and warranties of the transaction.
find out more
Generic Purchase Agreement For House
Austrian house purchase agreement template compliant with local real estate laws and land registry requirements.
find out more
Letter Of Intent (Real Estate)
An Austrian law-governed preliminary document outlining key terms and conditions for a potential real estate transaction, setting the framework for negotiations and due diligence.
find out more
Buyer Agreement
An Austrian law-governed agreement setting out terms and conditions for the purchase of goods or services between buyer and seller.
find out more
Buy Sell Agreement (Real Estate)
An Austrian law-governed agreement for the sale and purchase of real estate property, requiring notarization and land register registration.
find out more
Option Contract (Real Estate)
An Austrian law-governed agreement granting the exclusive right to purchase specified real estate at predetermined terms within a defined period, subject to Austrian formal requirements and land registration rules.
find out more
Letter Of Intent Commercial (Real Estate)
An Austrian law-governed preliminary document outlining key terms and conditions for proposed commercial real estate transactions, setting the framework for subsequent negotiations.
find out more
Land Purchase Option Agreement
An Austrian law-governed agreement granting an exclusive right to purchase specified real estate within a defined period under preset terms.
find out more
Securities Purchase Agreement
An Austrian law-governed agreement documenting the terms and conditions for the purchase and sale of securities, ensuring compliance with local securities regulations and market requirements.
find out more
Used Car Purchase Agreement
An Austrian law-governed agreement for the sale and purchase of a used vehicle, detailing transaction terms and compliance requirements.
find out more
Car Purchase Contract
An Austrian law-governed agreement for the sale and purchase of motor vehicles, compliant with ABGB and relevant vehicle regulations.
find out more
Sell Agreement
An Austrian law-governed agreement for the sale and purchase of goods, property, or assets, compliant with ABGB requirements.
find out more
Offer To Purchase Agreement
An Austrian law-governed document presenting a formal offer to purchase property or assets, outlining key terms and conditions of the proposed acquisition.
find out more
Letter Of Intent To Purchase
An Austrian-law governed preliminary document expressing serious intent to purchase an asset, property, or business, outlining key terms while maintaining a primarily non-binding nature.
find out more
Option To Buy Agreement
An Austrian law-governed agreement granting the right to purchase an asset at predetermined terms within a specified period.
find out more
Lease Agreement With Option To Purchase
An Austrian law-governed agreement combining property lease terms with an option for the tenant to purchase the property under specified conditions.
find out more
Contract For Selling A Car
An Austrian law-compliant contract template for the sale and purchase of motor vehicles, suitable for both private and commercial transactions.
find out more
Contingent Purchase Agreement
An Austrian law-governed agreement setting out terms for a purchase transaction subject to specific conditions precedent, incorporating Austrian civil and commercial law requirements.
find out more
Conditional Purchase Agreement
An Austrian law-governed agreement for a purchase transaction subject to specific conditions precedent, detailing terms, conditions, and transfer requirements.
find out more
Commercial Real Estate Contract
An Austrian law-governed agreement for the purchase and sale of commercial real estate, incorporating all essential elements required under Austrian property legislation.
find out more
Private Sale Purchase Agreement
An Austrian law-governed agreement documenting the sale and purchase of goods or assets between private parties or businesses, structured according to ABGB requirements.
find out more
Option To Purchase Contract
An Austrian law-governed agreement granting the right to purchase specified property under preset terms within a defined period.
find out more
Letter Of Sales Agreement
An Austrian-law governed letter-format document that formalizes a sales transaction between parties, combining business correspondence with legally binding sales terms.
find out more
Lease With Option To Buy
An Austrian law-governed agreement combining property lease terms with a future purchase option, compliant with ABGB and MRG requirements.
find out more
Land Sales Agreement
An Austrian-law governed agreement for the sale and transfer of real estate property, requiring notarization and land register registration.
find out more
Entity Purchase Buy Sell Agreement
An Austrian law-governed agreement for the purchase and sale of a business entity, detailing all transaction terms and conditions.
find out more
State Price Agreement
An Austrian law-governed agreement establishing standardized pricing and terms between government entities and suppliers for public sector procurement.
find out more
Purchasers Agreement
An Austrian law-governed agreement documenting the sale and purchase of goods, property, or assets, compliant with the ABGB (Austrian Civil Code).
find out more
Real Estate Agreement Of Purchase And Sale
Austrian real estate purchase agreement that facilitates property ownership transfer, requiring notarization and compliance with Austrian property law.
find out more
Used Vehicle Purchase Agreement
An Austrian law-compliant agreement for the sale and purchase of used vehicles, suitable for both private and commercial transactions.
find out more
Hydrogen Purchase Agreement
An Austrian law-governed agreement for the commercial sale and purchase of hydrogen, including delivery, quality, and pricing terms.
find out more
High Purchase Agreement Form
An Austrian-law governed agreement enabling purchase of goods through installments with seller retaining ownership until final payment.
find out more
Home Buyers Agreement
An Austrian property purchase contract that documents the legal transfer of real estate ownership, governed by Austrian civil law and requiring notarization.
find out more
Art Purchase Agreement
An Austrian law-governed agreement for the sale and purchase of artwork, including provisions for authenticity, provenance, and ownership transfer.
find out more
Token Purchase Agreement
An Austrian law-governed agreement establishing terms and conditions for digital token purchases, including regulatory compliance, token specifications, and transaction mechanics.
find out more
Contract For Sale And Purchase
An Austrian law-governed agreement documenting the sale and purchase of goods or property, establishing terms and conditions for ownership transfer.
find out more
Purchasing Agent Agreement
An Austrian law-governed agreement appointing an agent to conduct purchasing activities on behalf of a principal company, setting out their rights, duties, and commercial terms.
find out more
Option Purchase Agreement Film
An Austrian-law agreement granting exclusive rights to purchase film rights to a creative work within a specified period, subject to Austrian copyright and civil law.
find out more
ұԾ’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; ұԾ’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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)