Lease Termination Agreement By Landlord Template for Austria

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Key Requirements PROMPT example:

Lease Termination Agreement By Landlord

"I need a Lease Termination Agreement By Landlord under Austrian law to end a commercial property lease due to planned major renovations, with the termination to take effect on March 1, 2025, and including specific provisions for the secure removal of tenant's specialized manufacturing equipment."

Document background
The Lease Termination Agreement By Landlord is a crucial document in Austrian property law, used when a landlord wishes to legally end a tenancy agreement. This document is essential for ensuring compliance with the strict requirements of the Austrian Tenancy Act (Mietrechtsgesetz) and Civil Code (ABGB), which provide significant tenant protections. The agreement should be used when valid grounds for termination exist under §30 MRG, such as non-payment of rent, substantial breach of contract, or other statutory reasons. It must include specific details about the property, parties involved, termination date, and handover requirements. The document serves as a formal record of the termination terms and helps prevent future disputes by clearly outlining all parties' rights and obligations during the termination process.
Suggested Sections

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

2. Background: Brief overview of the existing lease agreement, including its date, property address, and reference to the original lease agreement

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Lease Agreement', 'Termination Date', and 'Security Deposit'

4. Termination Notice: Formal declaration of lease termination, citing specific grounds under MRG §30 if applicable

5. Termination Date: Specific date when the lease will terminate, ensuring compliance with statutory notice periods

6. Property Handover: Requirements and process for returning the property, including condition requirements and inspection procedures

7. Security Deposit: Arrangements for the return or withholding of the security deposit, including timeline and conditions

8. Outstanding Payments: Provisions regarding any remaining rent, utilities, or other payments due

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

10. Governing Law: Confirmation that the agreement is governed by Austrian law, specifically referencing MRG and ABGB

11. Signatures: Execution section including date and signatures of all parties

Optional Sections

1. Statutory Compliance Declaration: Used when termination is based on specific statutory grounds under MRG §30, detailing the specific reasons for termination

2. Alternative Accommodation: Include when the landlord is required to provide or has agreed to assist with finding alternative accommodation

3. Renovation Requirements: Used when specific renovation or restoration work is required beyond normal wear and tear

4. Dispute Resolution: Optional section for specifying mediation or alternative dispute resolution procedures

5. Tenant's Early Release: Include when the landlord agrees to release the tenant before the notice period expires

6. Utilities Transfer: Used when there are specific requirements for transferring or terminating utility contracts

7. Insurance Requirements: Include when specific insurance arrangements need to be maintained or terminated

Suggested Schedules

1. Schedule 1 - Property Inventory: Detailed list of property fixtures, fittings, and condition at the time of termination notice

2. Schedule 2 - Outstanding Payments Schedule: Detailed breakdown of any outstanding rent, utilities, or other payments

3. Schedule 3 - Property Inspection Report: Current condition report with photographs and notes on any damage or wear and tear

4. Appendix A - Original Lease Agreement: Copy of the original lease agreement being terminated

5. Appendix B - Statutory Notices: Copies of any statutory notices or communications related to the termination

6. Appendix C - Handover Protocol: Template for the final property handover process and inspection

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

Property Management

Commercial Property

Residential Property

Retail

Office Space

Industrial

Hospitality

Storage and Warehousing

Mixed-use Development

Relevant Teams

Legal

Property Management

Real Estate Operations

Asset Management

Facility Management

Compliance

Administration

Tenant Relations

Portfolio Management

Document Management

Relevant Roles

Property Manager

Real Estate Manager

Facility Manager

Legal Counsel

Property Administrator

Asset Manager

Leasing Manager

Real Estate Attorney

Compliance Officer

Building Manager

Portfolio Manager

Real Estate Agent

Operations Manager

Property Services Coordinator

Tenant Relations Manager

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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