Damage Deposit Form Template for Austria

The Damage Deposit Form is an essential document in Austrian real estate transactions, used whenever a security deposit is required as part of a rental agreement. This form, mandatory under Austrian law, documents the financial security provided by the tenant to the landlord as protection against potential damages or unpaid rent. The document must comply with the Austrian Tenancy Act (MRG) and Civil Code (ABGB), particularly regarding the maximum deposit amount (6 months' rent) and handling requirements. It includes detailed information about the parties involved, property details, deposit amount, payment confirmation, and conditions for return. The Damage Deposit Form serves as a critical reference document throughout the tenancy and during the final settlement process.

1. Parties: Identification of the landlord/property manager and tenant(s), including full legal names, addresses, and contact information

2. Property Details: Specific details of the rental property including full address and any relevant property identifiers

3. Deposit Amount: Specification of the security deposit amount, confirming it does not exceed the legal maximum of 6 months' rent under MRG §16b

4. Payment Details: Method of payment, bank account details for deposit transfer, and confirmation of receipt

5. Deposit Purpose: Clear statement of the purposes for which the deposit may be used, as per Austrian tenancy law

6. Return Conditions: Terms and conditions for the return of the deposit, including inspection requirements and timeframes

7. Legal Declarations: Statements confirming compliance with Austrian law and understanding of both parties' rights and obligations

8. Signatures: Space for dated signatures of all parties, including any witnesses if required