Document background
The License Tenancy agreement under Austrian law serves as a flexible alternative to traditional lease arrangements, particularly suitable for situations requiring shorter terms or more specific use restrictions. This document type is commonly used in commercial contexts where full tenancy rights are not necessary or desired, such as shared workspaces, temporary retail spaces, or specialized facilities. The agreement must comply with Austrian legal requirements, including the Mietrechtsgesetz (MRG) and relevant provisions of the Austrian Civil Code (ABGB). A License Tenancy typically includes detailed terms regarding permitted use, duration, fees, maintenance responsibilities, and termination rights, while offering greater flexibility in terms of occupation and usage compared to standard lease agreements. This document is particularly relevant in modern business arrangements where traditional lengthy lease commitments may not be suitable or desired.
