Cancellation Agreement (Real Estate) Template for Austria

1. Broker Provisions: Required when a broker was involved in the original transaction, addressing commission refunds or adjustments

2. Mortgage Cancellation: Included when there are existing mortgages that need to be addressed as part of the cancellation

3. Third Party Rights: Needed when there are registered easements, restrictions, or other third-party rights affecting the property

4. Condition Precedents: Including specific conditions that must be met before the cancellation becomes effective

5. Utilities and Services: Required when there are ongoing service contracts or utilities that need to be transferred or cancelled

6. Insurance: Addressing property insurance arrangements during the transition period

7. Costs and Expenses: Detailed breakdown of who bears which costs when these differ from standard arrangements

1. Original Purchase Agreement: Copy of the original purchase agreement being cancelled

2. Current Land Register Extract: Recent extract from the land register showing current ownership and encumbrances

3. Property Handover Protocol: Document detailing the condition and timeline for returning the property

4. Financial Settlement Schedule: Detailed breakdown of all financial settlements including purchase price, costs, and adjustments

5. Required Land Register Forms: Forms required for land register modifications

6. Power of Attorney: If required for executing land register changes or other formal requirements