End Of Rental Agreement Template for Austria

An End of Rental Agreement document compliant with Austrian law, specifically the Mietrechtsgesetz (MRG) and ABGB, that formally terminates a rental relationship between landlord and tenant. This comprehensive agreement outlines the terms and conditions for ending the tenancy, including specific provisions for property handover, security deposit return, final utility settlements, and property condition assessment. The document ensures legal compliance with Austrian tenancy laws while protecting the interests of both parties during the termination process.

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What is a End Of Rental Agreement?

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.

What sections should be included in a End Of Rental Agreement?

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

What sections are optional to include in a End Of Rental Agreement?

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

What schedules should be included in a End Of Rental Agreement?

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

Jurisdiction

Austria

Publisher

Genie AI

Cost

Free to use

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