Corporate Lease Agreement Template for Austria

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Key Requirements PROMPT example:

Corporate Lease Agreement

"I need a Corporate Lease Agreement for a tech company leasing three floors of office space in Vienna's business district, with specific provisions for server room installations and 24/7 access, starting March 1, 2025."

Document background

The Corporate Lease Agreement serves as the primary legal instrument for commercial property leasing arrangements in Austria, governed by the Austrian Civil Code (ABGB) and Business Premises Rent Act (MRG). This document is essential when a corporate entity seeks to lease commercial space for business operations, whether for office use, retail, industrial, or other commercial purposes. It details critical aspects such as rent calculation, operating costs, maintenance responsibilities, and termination conditions, while ensuring compliance with Austrian commercial tenancy laws. The agreement is particularly important as it provides specific protections and obligations for both corporate landlords and tenants, incorporating mandatory provisions required by Austrian law while allowing for customization based on specific commercial requirements and property characteristics.

Suggested Sections

1. Parties: Identification of landlord and tenant with full legal details including registration numbers for corporate entities

2. Background: Context of the lease arrangement and brief description of the property

3. Definitions: Key terms used throughout the agreement

4. Property Description: Detailed description of the leased premises including exact location, size, and permitted use

5. Term and Commencement: Duration of lease, start date, and any renewal options

6. Rent and Other Payments: Base rent, payment schedule, indexation, and other charges

7. Operating Costs and Utilities: Attribution and payment of operating costs, utilities, and service charges

8. Security Deposit: Amount, form, and conditions for return of security deposit

9. Use of Premises: Permitted business activities and restrictions on use

10. Maintenance and Repairs: Responsibilities for maintenance, repairs, and renovations

11. Insurance and Liability: Required insurance coverage and liability provisions

12. Assignment and Subletting: Conditions for transferring or subletting the premises

13. Termination: Grounds for termination and notice requirements

14. Return of Premises: Condition requirements and procedures for returning the property

15. Governing Law: Confirmation of Austrian law application and jurisdiction

16. Execution: Signature blocks and execution requirements

Optional Sections

1. Fit-out Works: Details of any initial tenant improvements or modifications - include when premises require initial work

2. Break Clause: Early termination options - include when parties negotiate early exit rights

3. Environmental Provisions: Specific environmental obligations - include for industrial or specialized commercial use

4. Signage Rights: Regulations regarding external and internal signage - include for retail or visible commercial locations

5. Parking: Allocation and rules for parking spaces - include when parking is part of the lease

6. Common Areas: Rights and obligations regarding shared spaces - include for premises in multi-tenant buildings

7. Competition Protection: Restrictions on competing businesses - include for retail locations

8. Force Majeure: Provisions for extraordinary circumstances - include based on specific business needs

Suggested Schedules

1. Floor Plan: Detailed plans showing the leased area and measurements

2. Inventory: List of any furniture, fixtures, or equipment included in the lease

3. Operating Costs Breakdown: Detailed list of included operating costs and calculation methods

4. House Rules: Building regulations and conduct requirements

5. Handover Protocol: Template for documenting the condition at handover

6. Maintenance Schedule: Detailed breakdown of maintenance responsibilities

7. Technical Specifications: Technical details of building systems and services

8. Insurance Requirements: Detailed insurance specifications and minimum coverage requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 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

Commercial Property

Retail

Office Space

Industrial

Logistics

Manufacturing

Professional Services

Technology

Financial Services

Healthcare

Hospitality

Warehousing

Research and Development

Relevant Teams

Legal

Finance

Operations

Facilities Management

Real Estate

Risk and Compliance

Procurement

Property Management

Asset Management

Corporate Services

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Real Estate Director

Facilities Manager

Property Manager

Legal Counsel

Corporate Lawyer

Operations Director

Finance Manager

Asset Manager

Commercial Director

Procurement Manager

Risk Manager

Compliance Officer

Business Development Manager

Regional Manager

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Authors

Alex Denne

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