Document background
The Cancellation of Tenancy Agreement Letter is a crucial document in Austrian property law, used when either a landlord or tenant wishes to formally terminate a rental agreement. It must comply with the Austrian Tenancy Act (Mietrechtsgesetz) and related legislation, which set strict requirements for form and content. The letter should be used when a party wishes to end the tenancy in accordance with either the statutory notice periods or those specified in the original agreement. It must include precise identification of the property, parties involved, and the intended termination date. The document serves multiple purposes: it provides formal notice of termination, establishes a clear timeline for vacancy, and can address practical matters such as property handover and final settlements. Proper drafting and delivery of this document is essential for legal validity under Austrian law.
