Optionsklauseln
Optionsklauseln are provisions within contracts that grant one or more parties the right, but not the obligation, to take a specific action. These clauses are common in various legal and commercial agreements, including leases, employment contracts, and financial instruments. The core of an Optionsklausel lies in the "option" it confers – a choice that can be exercised under defined conditions and within a specified timeframe.
In real estate leases, an Optionsklausel might give a tenant the right to extend the lease term
In finance, options contracts are a prime example. A call option gives the holder the right to