Document background
The Lease Option Agreement is a strategic legal instrument used in Belgian real estate transactions where parties wish to combine a property lease with a future purchase opportunity. This document is particularly useful when potential buyers want to occupy and evaluate a property before committing to a purchase, or when they need time to arrange financing. The agreement must comply with Belgian Civil Code requirements for both leases and options, as well as regional property regulations in Brussels-Capital, Flanders, or Wallonia. It typically includes detailed terms about the lease period, option exercise window, purchase price calculation, and conditions for maintaining the option. This type of agreement is commonly used in both residential and commercial contexts, requiring careful consideration of tax implications, registration requirements, and property transfer regulations under Belgian law.
