Lease Renewal Letter With Rent Increase Template for Austria

The Lease Renewal Letter With Rent Increase is a critical document used in Austrian property management when a landlord wishes to both extend an existing lease and adjust the rental amount. It must comply with Austrian legislation, particularly the Mietrechtsgesetz (MRG) and relevant provisions of the ABGB (Austrian Civil Code). This document is typically used at the end of a lease term or when a rent review is due according to the original lease agreement. It should include specific details about the renewal period, the new rent amount, calculation methodology (usually based on the VPI), and effective dates. The document serves as formal notice to the tenant and may require specific timing for delivery, typically several weeks or months before the intended change, depending on the type of property and lease terms. Proper documentation is essential for legal enforceability and maintaining transparent landlord-tenant relations in the Austrian market.

1. Sender Details: Full name and address of the landlord/property management company

2. Date: Current date of the letter

3. Recipient Details: Tenant's full name and rental property address

4. Subject Line: Clear indication that this is a lease renewal and rent increase notice

5. Reference Information: Original lease agreement date and any previous renewal references

6. Renewal Confirmation: Statement confirming the lease renewal and new term duration

7. Rent Increase Notice: Formal notification of the rent increase including current and new rent amounts

8. Legal Basis: Reference to relevant provisions of the lease agreement and Austrian law permitting the increase

9. Calculation Method: Explanation of how the new rent was calculated (e.g., VPI adjustment)

10. Effective Date: Clear statement of when the new rent takes effect

11. Payment Instructions: Details of how and when the new rent should be paid

12. Closing: Professional closing statement with signature block