Lease Amendment Template for Austria

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Key Requirements PROMPT example:

Lease Amendment

"I need a Lease Amendment to extend our existing commercial lease agreement for an additional 5 years starting from March 1, 2025, with a 15% increase in the monthly rent and updated maintenance responsibilities for our retail space in Vienna."

Document background
A Lease Amendment is a crucial document used in Austrian real estate practice when parties need to modify an existing lease agreement without creating an entirely new contract. This document is particularly relevant when changes to rent, term, space, or other significant lease provisions are required. It must be drafted in accordance with Austrian law, specifically the ABGB and Mietrechtsgesetz, which provide strict guidelines for lease modifications. The amendment should clearly reference the original lease agreement and specify which provisions are being modified while confirming the continued validity of unchanged terms. This document type is commonly used in both commercial and residential contexts and requires careful consideration of mandatory provisions under Austrian tenancy law to ensure enforceability.
Suggested Sections

1. Parties: Identification of the landlord and tenant, including full legal names, addresses, and registration numbers if applicable

2. Background: Reference to the original lease agreement (date, parties, property), and brief context for the amendment

3. Definitions: Key terms used in the amendment, including reference to definitions from the original lease that remain applicable

4. Amendment Details: Specific modifications to the original lease, clearly stating which provisions are being changed

5. Effective Date: The date when the amendments take effect

6. Confirmation of Other Terms: Statement confirming that all other terms of the original lease remain unchanged

7. Governing Law: Confirmation that Austrian law continues to govern the agreement

8. Execution: Signature blocks for all parties, including date and place of signing

Optional Sections

1. Recitals: Additional background information explaining the reasons for the amendment, used when complex circumstances need to be documented

2. Rent Adjustment: Specific section detailing changes to rent amount or payment terms, included when rent terms are being modified

3. Term Extension: Section specifying new lease duration terms, included when the lease period is being modified

4. Property Modifications: Details of any changes to the property or its use, included when there are changes to the physical space or permitted use

5. Additional Parties: Section adding or removing parties to the lease, included when there are changes to the parties involved

6. Registration Requirements: Details about registration with authorities if required, included for certain types of properties or significant changes

Suggested Schedules

1. Schedule 1 - Modified Terms: Detailed list of all modifications to the original lease agreement, with old and new versions side by side

2. Schedule 2 - Updated Floor Plans: If the amendment involves changes to the leased space, updated floor plans or property descriptions

3. Schedule 3 - Rent Calculation: If rent is being modified, detailed breakdown of new rent calculations and payment schedule

4. Appendix A - Original Lease: Copy of the original lease agreement for reference

5. Appendix B - Supporting Documents: Any relevant supporting documentation such as building permits, certificates, or regulatory approvals

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

Relevant Industries

Real Estate

Commercial Property

Residential Property

Retail

Office Space

Industrial

Hospitality

Healthcare

Education

Logistics

Manufacturing

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Administration

Compliance

Property Management

Asset Management

Corporate Services

Risk Management

Relevant Roles

Property Manager

Real Estate Manager

Legal Counsel

Contract Administrator

Facility Manager

Asset Manager

Leasing Manager

Real Estate Attorney

Property Administrator

Operations Manager

Corporate Real Estate Manager

Lease Administrator

Real Estate Director

General Counsel

Compliance Officer

Industries
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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