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The Lease To Own Agreement (Mietkauf) is a specialized contract used in German property transactions where traditional purchase financing may not be immediately available or desired. This document is particularly useful for buyers who need time to build up equity or credit worthiness while occupying the property, or for sellers seeking a structured exit from their property investment. The agreement must comply with German property law, banking regulations, and consumer protection requirements. It typically includes detailed provisions for property maintenance, insurance, payment schedules, and the eventual transfer of ownership. The document serves both residential and commercial property transactions and requires careful consideration of both lease law (Mietrecht) and purchase law (Kaufrecht) under the German Civil Code.

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

2. Background: Context of the agreement, including property identification and parties' intention to enter into a lease-to-own arrangement

3. Definitions: Key terms used throughout the agreement, including 'Lease Period', 'Purchase Option', 'Purchase Price', 'Lease Payments', and 'Completion Date'

4. Property Description: Detailed description of the property including address, land registry details, and any included fixtures and fittings

5. Lease Terms: Terms of the lease including duration, monthly payments, maintenance responsibilities, and usage rights

6. Purchase Option: Terms of the purchase option, including how and when it can be exercised

7. Purchase Price and Payment: Total purchase price, credit for lease payments, and final payment calculations

8. Transfer of Ownership: Process and conditions for transferring property ownership upon exercise of purchase option

9. Maintenance and Repairs: Responsibilities for property maintenance during lease period and impact on purchase price

10. Insurance and Risk: Requirements for property insurance and allocation of risk during lease period

11. Default and Termination: Consequences of default under either lease or purchase provisions, termination rights

12. Notices: Process for formal communications between parties

13. Governing Law: Confirmation of German law application and jurisdiction