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End Of Rental Agreement

End Of Rental Agreement Template for Austria

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Key Requirements PROMPT example:

End Of Rental Agreement

"I need an End of Rental Agreement for my two-bedroom residential apartment in Vienna, with the termination date set for March 31, 2025, including specific provisions for the return of furniture as it was a furnished rental."

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Document background
The End of Rental Agreement is a crucial document used in Austrian property law to formally conclude a rental relationship between landlord and tenant. It becomes necessary when either party wishes to terminate the rental agreement in accordance with Austrian legislation, particularly the Mietrechtsgesetz (MRG) and ABGB. This document serves multiple purposes: it confirms the agreed termination date, establishes the protocol for property handover, outlines the process for security deposit return, addresses utility settlements, and documents the property's final condition. It's essential for both residential and commercial properties and helps prevent future disputes by clearly documenting the termination terms and final arrangements. The agreement must comply with specific Austrian legal requirements regarding notice periods, property inspection procedures, and deposit return timelines.
Suggested Sections

1. Parties: Identification of the landlord and tenant with full legal names and addresses

2. Background: Brief recap of the original rental agreement details including property address, start date, and reference to original agreement

3. Definitions: Definition of key terms used in the agreement including 'Property', 'Termination Date', 'Security Deposit', etc.

4. Termination Date: Specific date when the rental agreement will terminate and the tenant will vacate the property

5. Property Handover: Details of the final inspection process and property handover procedure

6. Security Deposit Settlement: Terms for the return of the security deposit, including timeline and conditions

7. Final Utility Readings: Procedure for taking final utility readings and settling outstanding utility bills

8. Keys and Access Devices: Requirements for returning all keys, access cards, and other property access devices

9. Final Cleaning: Requirements for the final cleaning of the property

10. Forwarding Address: Tenant's obligation to provide a forwarding address for future correspondence

11. Governing Law: Confirmation that the agreement is governed by Austrian law

Optional Sections

1. Furnished Property Returns: Required when the property was rented furnished - details inventory check and return conditions

2. Repairs and Damages: Include when there are specific repair requirements or damage settlements to be addressed

3. Commercial Premises: Additional provisions specific to commercial property terminations

4. Pest Control: Required when there are specific pest control requirements or issues to be addressed

5. Storage Spaces: Include when separate storage spaces or parking spots need to be addressed

6. Decorative Conditions: Required when there are specific requirements about returning walls, floors, or fixtures to original condition

Suggested Schedules

1. Schedule 1 - Property Condition Report: Detailed report documenting the condition of the property at termination

2. Schedule 2 - Utility Readings: Final readings of all utility meters with photographs where applicable

3. Schedule 3 - Inventory Checklist: For furnished properties, a detailed inventory check-out list

4. Schedule 4 - Deposit Calculation: Itemized calculation of any deductions from the security deposit

5. Schedule 5 - Photographic Evidence: Dated photographs of the property condition at termination

6. Appendix A - Original Rental Agreement: Copy of the original rental agreement for reference

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Real Estate

Property Management

Residential Housing

Commercial Property

Retail

Hospitality

Office Space

Industrial

Legal Services

Property Development

Relevant Teams

Legal

Property Management

Real Estate Operations

Facilities Management

Asset Management

Tenant Relations

Contract Administration

Property Services

Real Estate Administration

Operations

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Facilities Manager

Property Administrator

Leasing Manager

Building Manager

Asset Manager

Real Estate Operations Director

Tenant Relations Coordinator

Contract Administrator

Property Services Coordinator

Industries
Mietrechtsgesetz (MRG): Austrian Tenancy Act - The primary legislation governing rental agreements, covering termination conditions, notice periods, and tenant/landlord rights
Allgemeines Bürgerliches Gesetzbuch (ABGB): Austrian Civil Code - Sections 1090-1121 specifically deal with rental agreements and provide the basic framework for contractual obligations in rental relationships
Wohnungseigentumsgesetz (WEG): Condominium Act - Relevant when the rental property is part of a condominium complex, affecting maintenance obligations and common area provisions
Konsumentenschutzgesetz (KSchG): Consumer Protection Act - Applicable when the landlord is a business entity and the tenant is a consumer, providing additional tenant protections
Mietrechtsnovelle: Rental Law Amendment Act - Contains updates and modifications to the basic tenancy law, including recent changes in rental regulations
Heizkostenabrechnungsgesetz (HeizKG): Heating Costs Settlement Act - Relevant for the final settlement of heating and utility costs during the termination of the rental agreement
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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