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The Lease With Option To Buy Contract serves as a sophisticated legal instrument under Austrian law, providing a structured pathway from property rental to potential ownership. This document type is particularly useful when parties wish to establish a lease relationship with the possibility of a future purchase, allowing the tenant to secure a future purchase right while having time to arrange financing or assess the property's suitability. It incorporates provisions from multiple Austrian legal frameworks, including the ABGB, MRG, and real estate transfer regulations. The agreement is commonly used in both residential and commercial contexts, offering protection for both parties while maintaining flexibility in the transition from lease to purchase. It's especially valuable in situations where immediate purchase isn't feasible or desired, but future ownership is contemplated.

1. Parties: Identification of the lessor/potential seller and lessee/potential buyer, including full legal names, addresses, and registration details if applicable

2. Background: Context of the agreement, including property description and parties' intention to enter into a lease with purchase option arrangement

3. Definitions: Key terms used throughout the agreement, including Property, Lease Period, Option Period, Purchase Price, etc.

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

5. Property Use and Maintenance: Permitted use of property, maintenance responsibilities, and any restrictions

6. Option to Purchase: Terms of the purchase option, including option period, exercise process, and purchase price calculation

7. Exercise of Option: Procedure for exercising the option, including notice requirements and timing

8. Purchase Price and Payment: Detailed terms of the purchase price, including any rent credits and payment conditions

9. Property Transfer Provisions: Process and requirements for transferring property title upon option exercise

10. Insurance and Risk: Insurance requirements during lease period and responsibility for damage

11. Default and Termination: Events of default, remedies, and termination provisions for both lease and option

12. Notices: Communication requirements and contact details for formal notices

13. Governing Law: Confirmation of Austrian law governance and jurisdiction

14. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments