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1. Parties: Identification of the seller/landlord and buyer/tenant, including full legal names, addresses, and registration details if applicable
2. Background: Context of the agreement, including property details and the intention to combine rental with future purchase
3. Definitions: Key terms used throughout the agreement, including technical and legal terminology
4. Property Description: Detailed description of the property, including address, land registry details, and any included fixtures/fittings
5. Rental Period Terms: Duration of the rental period, monthly payments, and maintenance responsibilities
6. Purchase Option Terms: Conditions for exercising the purchase option, including final purchase price and credit for rental payments
7. Payment Structure: Breakdown of rental payments, purchase price, and how rental payments contribute to the purchase
8. Maintenance and Repairs: Responsibilities for property maintenance during the rental period
9. Insurance Requirements: Required insurance coverage during rental period and transition to ownership
10. Default and Termination: Consequences of payment default and conditions for contract termination
11. Transfer of Ownership: Process and conditions for final property transfer, including notarization requirements
12. Governing Law: Specification of German law application and jurisdiction
13. Signatures: Execution section including date and parties' signatures
1. Property Management: Required when the property is part of a managed complex or development
2. Condominium Association Rules: Needed when the property is subject to WEG (Wohnungseigentumsgesetz)
3. Broker Provisions: Include when a real estate broker is involved in the transaction
4. Renovation Rights: Needed when allowing the tenant to make property modifications during the rental period
5. Third-Party Financing: Required when external financing is involved in the purchase option
6. Early Purchase Option: Include when offering the option to purchase before the scheduled end of the rental period
7. Subletting Provisions: Include when subletting might be permitted during the rental period
8. Death or Incapacity Clause: Optional provisions for succession or transfer of rights
1. Property Floor Plan: Detailed layout and measurements of the property
2. Inventory List: Detailed list of fixtures, fittings, and appliances included in the agreement
3. Payment Schedule: Detailed breakdown of monthly payments and their allocation between rent and purchase credit
4. Property Condition Report: Documentation of property condition at the start of the agreement
5. Land Registry Extract: Current extract from the Grundbuch (land registry)
6. Energy Performance Certificate: Legally required energy efficiency documentation
7. Maintenance Schedule: Schedule of required maintenance and responsibilities
8. Building Insurance Certificates: Proof of required insurance coverage
Real Estate
Property Development
Banking and Finance
Legal Services
Insurance
Property Management
Construction
Housing Associations
Commercial Property
Residential Property
Legal
Real Estate
Property Management
Finance
Compliance
Risk Management
Sales
Operations
Contract Administration
Investment
Real Estate Manager
Property Lawyer
Legal Counsel
Property Developer
Finance Manager
Real Estate Agent
Property Administrator
Contract Manager
Risk Manager
Compliance Officer
Property Portfolio Manager
Housing Manager
Lease Administrator
Real Estate Investment Manager
Property Sales Director
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