tiktok成人版

All Countries
Real Estate
Option Sales Contract

Option Sales Contract Template for Indonesia

Create a bespoke document in minutes, 聽or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Option Sales Contract

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership聽of your information

Key Requirements PROMPT example:

Option Sales Contract

"I need an Option Sales Contract for a commercial property in Jakarta, giving the potential buyer a 6-month option period starting March 1, 2025, with an option fee of IDR 500 million and a fixed purchase price of IDR 25 billion."

Celebrated by
Collaborations with
Investors
Document background
The Option Sales Contract is a crucial legal instrument in Indonesian commercial transactions, providing a structured framework for future purchase rights over specified assets. This document type is commonly used when parties wish to establish a right, but not an obligation, to purchase assets at predetermined terms within a specified timeframe. The contract must comply with Indonesian law, particularly the Indonesian Civil Code (KUHPerdata) Articles 1313-1351 regarding contract formation and Articles 1457-1518 concerning sales agreements. It is particularly valuable in scenarios involving property development, natural resources, or strategic business acquisitions where parties need time to conduct due diligence or secure financing. The Option Sales Contract includes detailed provisions for option exercise mechanics, pricing structures, and completion requirements, while incorporating necessary safeguards and regulatory compliance measures specific to the Indonesian legal context.
Suggested Sections

1. Parties: Identification of all parties to the contract, including full legal names and addresses

2. Background: Context of the agreement and brief description of the parties' intentions

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

4. Grant of Option: Clear statement of the option rights being granted, including type (put/call) and exclusivity

5. Option Period: Duration of the option, including commencement and expiration dates

6. Option Price: Amount payable for the option right itself

7. Exercise of Option: Procedure and requirements for exercising the option

8. Purchase Price: Price for the underlying asset when the option is exercised

9. Payment Terms: Terms and conditions for both option price and purchase price payments

10. Completion: Process and requirements for completing the sale upon option exercise

11. Representations and Warranties: Standard representations and warranties from both parties

12. Termination: Circumstances under which the agreement can be terminated

13. Governing Law and Jurisdiction: Confirmation of Indonesian law and jurisdiction

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

Optional Sections

1. Asset Maintenance: Obligations regarding maintenance of the underlying asset during the option period - required for physical assets

2. Due Diligence: Rights and process for conducting due diligence - relevant for complex assets

3. Security: Security arrangements for option or purchase price - used when payment security is required

4. Regulatory Compliance: Specific regulatory requirements - needed for regulated assets or industries

5. Tax Provisions: Specific tax arrangements - relevant for high-value transactions or cross-border elements

6. Force Majeure: Force majeure provisions - particularly relevant for long option periods

7. Assignment: Rights to assign the option - relevant where secondary trading is contemplated

Suggested Schedules

1. Asset Description: Detailed description and specifications of the asset subject to the option

2. Option Exercise Notice: Form of notice to be used when exercising the option

3. Completion Requirements: Detailed list of requirements and documents needed for completion

4. Payment Mechanics: Detailed payment procedures and bank account details

5. Required Approvals: List of regulatory or third-party approvals required

6. Due Diligence Requirements: Scope and procedures for due diligence if applicable

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions































Clauses






























Relevant Industries

Real Estate & Property Development

Mining & Natural Resources

Manufacturing

Agriculture & Plantations

Energy & Power Generation

Technology & Software

Infrastructure

Retail & Commercial Property

Industrial Equipment

Commodities Trading

Relevant Teams

Legal

Commercial

Finance

Business Development

Compliance

Risk Management

Operations

Property Management

Asset Management

Investment

Corporate Secretariat

Procurement

Relevant Roles

Legal Counsel

Contract Manager

Business Development Manager

Commercial Director

Chief Financial Officer

Property Manager

Asset Manager

Investment Manager

Compliance Officer

Risk Manager

Corporate Secretary

Operations Director

Procurement Manager

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Property Options Contract

An Indonesian law-governed agreement granting the exclusive right to purchase specified property at a predetermined price within a defined period.

find out more

Option To Renew Tenancy Agreement

An Indonesian law-governed agreement granting tenants the right to extend their existing lease under specified conditions and terms.

find out more

Land Purchase Option Agreement

An Indonesian law-governed agreement granting exclusive rights to purchase specified land at a preset price within a defined period.

find out more

Buy Back Option Contract

An Indonesian law-governed agreement establishing a seller's right to repurchase an asset from the buyer under specified terms and conditions.

find out more

Option To Purchase Real Estate Agreement

An Indonesian law-governed agreement granting exclusive rights to purchase specified real estate property within a set timeframe and price, subject to Indonesian property regulations.

find out more

Extend Lease Agreement

An Indonesian law-governed agreement extending an existing lease arrangement between parties, updating key terms while maintaining the original lease's framework.

find out more

Restricted Share Agreement

An Indonesian law-governed agreement detailing the terms and conditions for issuing restricted company shares, including vesting schedules and transfer restrictions.

find out more

Rental Contract With Option To Buy

An Indonesian law-governed agreement combining property rental terms with a future purchase option, establishing conditions for both rental period and potential property acquisition.

find out more

Option Sales Contract

Indonesian law-compliant Option Sales Contract template for structured asset purchase rights, governed by the Indonesian Civil Code.

find out more

First Refusal Agreement

An Indonesian law-governed agreement granting priority rights to a specified party for entering into a business transaction before third parties.

find out more

Master Leasing Agreement

An Indonesian law-governed umbrella agreement establishing terms and conditions for multiple leasing arrangements between lessor and lessee, compliant with local financial services regulations.

find out more

Land Buying Agreement

An Indonesian law-governed agreement for the sale and transfer of land ownership, detailing property specifics, purchase terms, and compliance requirements.

find out more

Outright Purchase Agreement

An Indonesian law-governed agreement documenting the complete transfer of ownership of goods or assets from seller to buyer for an agreed purchase price.

find out more

Option To Buy Land Agreement

An Indonesian law-governed agreement granting exclusive rights to purchase specified land within a set timeframe and price.

find out more

Land Option Contract

An Indonesian law-governed agreement granting exclusive rights to purchase specified land within a set timeframe and under agreed conditions.

find out more

Lease With Option To Buy Contract

An Indonesian law-governed agreement combining property lease terms with a future purchase option, structured under the Indonesian Civil Code and property regulations.

find out more

Option To Buy Contract

An Indonesian law-governed agreement granting the right to purchase specific assets at a predetermined price within a specified period.

find out more

Equipment Lease To Own Agreement

An Indonesian law-governed agreement enabling equipment acquisition through a lease-to-own arrangement, combining leasing and eventual ownership transfer provisions.

find out more

Share Option Agreement

An Indonesian law-governed agreement setting out terms for granting and exercising options to purchase company shares, compliant with OJK regulations.

find out more

Option To Purchase Agreement

An Indonesian law-governed agreement granting exclusive rights to purchase property within a specified timeframe and terms, subject to local property and investment regulations.

find out more

Lease To Own Agreement

An Indonesian law-governed agreement allowing property lease with a pathway to ownership, where lease payments contribute to the final purchase price.

find out more

Lease Purchase Agreement

An Indonesian law-governed agreement combining property lease terms with a future purchase option, detailing rental conditions and purchase rights.

find out more

Lease Option Agreement

An Indonesian law-governed agreement combining property lease terms with an option to purchase, structured to meet local legal requirements and property regulations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.